What's Happening?
A group of senior women investors and leaders in fashion and retail gathered at a Dealmakehers meetup in Montauk, New York, to discuss funding rounds and board seats. The event, organized by Stacy Berns and Stacey Widlitz, aimed to provide an alternative to traditional industry events dominated by men. Attendees, including executives from Ralph Lauren and QVC, focused on setting bold business goals and forging partnerships. The gathering comes amid a decline in corporate diversity, equity, and inclusion (DEI) commitments, with women executives facing fewer pathways to capital and influence.
Why It's Important?
The Dealmakehers event highlights the challenges women leaders face in male-dominated industries, particularly as DEI initiatives face political and legal pushback. By creating their own networks and support systems, these women are working to overcome barriers to capital and influence. The event underscores the importance of strategic alliances with men, emphasizing inclusivity as a means to advance business goals. The gathering reflects broader trends in corporate America, where women are increasingly taking initiative to secure their positions and drive change.
What's Next?
Women leaders at the event are focused on leveraging male networks and mentorship to navigate the current economic landscape. They aim to build resilience and agility, adapting to economic ebbs and flows. The emphasis on inclusivity and strategic alliances with men is expected to continue, as women seek to expand their influence and secure funding. The success of these initiatives could inspire similar efforts across industries, encouraging women to take proactive steps in advancing their careers.
Beyond the Headlines
The event highlights the need for women to adapt to changing industry dynamics, balancing traditional business practices with innovative approaches. The focus on inclusivity and strategic alliances reflects a shift in how women leaders are approaching business challenges. The gathering serves as a reminder of the cyclical nature of business, with women leaders developing resilience and agility to navigate economic fluctuations. The emphasis on femininity as a superpower underscores the unique strengths women bring to the fashion and beauty industries.
