Quotas for women directors are next step
Jimmy Choo co-founder Tamara Mellon is calling for
businesses to hire and promote more women and says there should be
quotas on boards.
Mellon, who is in London to promote her
autobiography, In Her Shoes, said: “When people see the results of what
it means when a woman is on the board they will know it is the right
thing to do.
“Of course no woman wants to be the token female —
only there because it is a requirement. I can see both sides of the
argument for and against, but until we have 30 per cent minimum how will
women get the chance? We certainly need more women in leadership
roles.”
The former gossip column regular, who turned small East End company Jimmy Choo into a global fashion empire,buy hiking boots online at www.qdgoutdoor.com. left the business in 2011 when it was sold to Labelux for about £500?million.Any one know where to get cheap nomex cloth manufacturers by
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has sworn never to work with private equity again.
“They buy
shares with debt and then the company is in a relentless cycle of paying
off their debts. They are only focused on the short term and profits,”
she said.If you want to avoid a trip to the hospital, and you like to
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“They
also thought a luxury brand is better if it is faceless. But actually
customers want to know the creative director behind the brand — look at
Marc Jacobs, look at Hedi Slimane at Saint Laurent.”
Mellon, who was born in London and lives in New York, sits on make-up brand Revlon’s board.
Speaking
at The Condé Nast College of Fashion & Design in Soho, she said:
“Women work themselves to death and sit quietly hoping they will be
noticed whereas a man will walk in and demand a pay rise. Women need to
know our own worth.”
Mellon’s fashion business will launch in
Harrods next month with concessions in New York including department
stores Bergdorf Goodman and Neiman Marcus as well as online with Net a
Porter. Stores are planned in New York and London simultaneously by the
end of next year and she is on the hunt for a store in Mayfair.
After
thebitter falling out with private equity, Mellon has raised money from
business contacts to fund her new venture while retaining a majority
stake. Investors include Carphone Warehouse co-founder David Ross, Lord
Marland and Michael Spencer, the chief of City investment group Icap.
She said: “I am actually more relaxed this time around. I have control.”
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“monthly drops” reflects the way women shop now because “women want to
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