With a 27% rise in women executives since 2019, increased gender diversity is one of the trends that characterises this year’s ranking of the most influential people in retail. Megan Dunsby reflects on what this means and why it is time for retail to become truly diverse
RWRC has this week published its annual Retail 100 – produced in association with Braze, ChannelAdvisor and Salesforce – celebrating the top leaders transforming retail, speaking out, innovating, making headlines and driving growth.
In ninth, Boohoo co-founder Carol Kane is the highest-ranking woman following a year in which the retailer has taken a larger share of the fashion market, fuelled by acquisitions, international expansion and increased brand awareness resulting in a 54% jump in pre-tax profit in its last financial year to £92.2m.
Boohoo Group PLC (LON:BOO) operates as an online fashion retailer in the United Kingdom, rest of Europe, the United States, and internationally. The company also provides its products under the boohoo, boohooMAN, PrettyLittleThing, Nasty Gal & Miss Pap brand names.