Women may make up a majority of buyers of consumer goods, but they certainly don’t represent a majority of the decision makers at consumer goods companies. University of California, Davis’ annual study of women business leaders at the state’s largest 400 public companies has hammered that point home.
The study found that women hold 10.9 percent of the highest-paid executive posts and board seats at these companies, an increase of 1 percent from last year. More than a quarter of the companies have no women in either role. Wet Seal Inc., a Foothill Ranch, Calif.-based operator of 530 clothing stores, was a notable exception. Tied with natural foods company Annie’s Inc. at the top of the list of 25 California companies that are the most gender inclusive, four of the seven people who sit on Wet Seal’s board are women.
Other companies in the top 25 were Bebe Stores Inc., Deckers Outdoor Corp. and Williams-Sonoma Inc., which filled three out its five highest-paid executive positions with women.
On the flip side, Pacific Sunwear of California Inc., Skechers USA Inc., True Religion Apparel Inc. and Quiksilver Inc. are among those companies found to have no women on their boards. Big 5 Sporting Goods Corp., Guess Inc., Macerich Co., Quiksilver Inc. and Skechers USA Inc. were listed as companies with no women in the highest-paid executive positions.
Thirteen of the 400 California companies in the study had female chief executive officers, but Laura Alber, ceo of Williams-Sonoma, was the only woman ceo of a consumer goods firm.
In total, 14.6 percent of the board directors at leading California-based public companies in the consumer goods sector were women. Almost 70 percent of the consumer goods companies in California tracked for the study did have at least one woman board member. When it comes to highest-paid executives, 46 percent of the consumer goods companies had one or more women in those posts.
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)
@heriethpaul and @gracebol have a moment on the @victoriassecret fashion show 2017. See every look from the runway on WWD.com. Link in bio. (📷: @giovanni_giannoni_photo) #wwdfashion #victoriassecret #VSFashionShow
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia