Zalando , Europe's biggest online-only fashion retailer, set a goal on Tues...
FILE PHOTO: The logo of fashion retailer Zalando is pictured at the new headquarters in Berlin, Germany, April 10, 2019. REUTERS/Hannibal Hanschke/File Photo
The Berlin-based company, whose customers are disproportionately women, said it was aiming for a balanced representation of women and men in its top six management levels by 2023 and was also paying attention to non-binary genders. To help it reach the goal, Zalando said it would make changes to its decision-making bodies and committees, change hiring practices and work on succession planning.
Germany passed legislation in 2015 demanding that women hold 30% of the seats on supervisory boards of large companies. There is no quota for management boards, but some politicians have threatened to impose one here too if progress is not made soon.
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