Did you know that 37% of Black employees report having to supplement their income vs. 23% of white employees? Are you aware of 26% employees of colors vs. 1% white employees express that their race/ethnicity has had a negative impact on receiving raises and promotions in the past? Particularly Black (40%) and Asian (27%) of employees say that.
Those are some of the conclusions of The State of Diversity, Equity & Inclusion in Fashion Report, built on a joint mission to advocate for measurable change, which CFDA and PVH began to collaborate on in 2018. The co-authored briefing serves as a foundation and framework for progress. The analysis draws on a McKinsey & Company survey of over 1,000 working industry professionals across 41 companies, 20 stakeholder interviews, and three focus groups with students and emerging designers. This research was conducted over the fall of 2020 after considerable development and planning. The CFDA and PVH identified six key areas of opportunity: awareness, access, promotion, advocacy, compensation and belonging. Each of these areas is thoroughly explored and accompanied by data insights, personal narratives, and steps for intervention.
* Read the Report: The State of Diversity, Equity & Inclusion in Fashion Report