George Davies, co-founder of retailer Next, has called for more women to be appointed to the executive positions in retail, saying the move would help boost the high street.
Speaking to BBC Radio 4’s You and Yours programme, the retailer, who was also behind Marks and Spencer’s Per Una line and George at Asda, said: “If there was better representation of them [women] in executive teams, maybe the high street wouldn’t be struggling as much as it is.”
He said that women have “more vision than men” when it comes to fashion, also saying “[Women] work quicker and harder than men. The retail industry needs people who visit stores and understand customers and that’s why I think the gender mix on executive boards should be at least equal.”
A report from Women in Retail released earlier this year found that only 20% of executive teams and 10% of executive boards are made up entirely of women, despite 65% of employees in the industry being female.