New York Women’s Forum member Pamela Baxter – who is President/CEO of Perfumes and Cosmetics Americas for the world’s largest luxury conglomerate, LVMH, and president of Christian Dior Couture – spoke with New York Times reporter Elizabeth Paton this week for an article examining the upward trend in women’s leadership at the executive level in luxury fashion.
The article, titled “In Luxury, the Female Factor,” examines current numbers of top-level women executives at these companies and reports on the efforts among major luxury brands to build and foster women’s leadership at the highest levels through internal company initiatives. One example of such an initiative is the “EllesVMH” program at LVMH, which offers skills development and network building to advance female talent.
The article quotes Ms. Baxter about her efforts in developing women’s leadership with LVMH, “One of my great passions is seeing these young women come up through our company pipeline and helping them to navigate and manage their professional paths within a strong community.”
This comes as part of a larger trend in industry, with companies taking initiatives to offer executive development programming for women as part of new efforts to advance and retain these leaders throughout the various stages of their careers.
Click here to read the New York Times article and learn more about how women leaders are making progress in overcoming gender based barriers in the luxury designer market.