Fashion ‘plays it safe’ with new CEO hires

New vogue CEOs appointed in 2020 tended to be a lot more properly-rounded in conditions of the abilities they provide, across retail operations, product or service and analytical expertise, the research by AI-driven retail merchandising organization Nextail identified.

Nevertheless, these core abilities were combined with a lot more expertise in electronic transformation and sustainability, suggesting vogue companies were continuing to glimpse ahead inspite of the coronavirus crisis.

The report – Fashion’s Most recent CEOs at the Best of 2021: Forging Forward Despite a Year of Crisis – also determined an raise in the selection of females at the prime of vogue, globally. Woman representation among the incoming vogue CEOs was up 26.four% calendar year on calendar year in 2020.

This is in contrast with investigation unveiled before this 7 days by headhunter organization Korn Ferry, which confirmed the selection of woman CEOs hired by retail companies in the United kingdom

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