Why fashion's boardrooms don't reflect China's importance
Challenges in the executive pipeline mean most companies don't have a Chinese board member to help them navigate the complexities of the market even though China accounts for a third of global luxury revenues.
According to the Ethics & Boards Fashion & Luxury Index, which examines the board composition of the 50 largest listed fashion and luxury companies in the world, only 30 percent have at least one board member of [mainland] Chinese, Hong Kong or Taiwanese [background] or of Chinese descent..
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