“We are grateful for PVH’s continued partnership with the CFDA, which allows us to address important needs within American fashion. With the study’s findings and toolkit, we look to industry stakeholders to support us in creating an industry that is diverse, equitable, and inclusive,” said Steven Kolb, CEO of the CFDA.
This 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 inclusion and diversity challenges in the fashion industry are real. This important research not only confirms that, but the learnings from it will help guide the work towards positive and lasting change,” said Stefan Larsson, CEO of PVH Corp. “We have work to do at PVH, and together with our larger industry have a collective responsibility to lean in and drive real impact. This is as important as any business strategy and speaks more broadly to who we are as human beings and the impact we can have on society.”
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.
“The fashion industry, both in the U.S. and worldwide, has historically struggled with opportunities and pipelines for Black and Brown talent. We need to collectively address and change this. Our work with PVH will hasten the process and is key to CFDA’s overall DEI work around our IMPACT initiative, launching later this month to identify, connect, support, and nurture Black and Brown creatives and professionals in fashion,” said CaSandra Diggs, President of the CFDA.
For the full report, click here.
CFDA would like to extend a special thank you to the McKinsey & Company team for their hard work and dedication to this study. We deeply appreciate the contributions of Stacey Haas, Pamela Brown, Emily Gerstell, Genevieve Ang, Leonie Badger, Katie Boys, Stefon Burns, Harshit Gupta, and Sanjana Gupta.
CFDA thanks PVH for being an exemplary partner on this joint effort, and for helping to make this important work a reality through their steadfast commitment to diversity, equity, and inclusion.