Twenty-one per cent of black-owned businesses believe that they will not survive the Covid-19 pandemic. Only five per cent of white-owned businesses say the same.
founder Kerby Jean-Raymond creates covetable “spiritual sportswear”, and has designs on forming a conglomerate of US fashion brands to rival holding companies such as LVMH.
During the Covid-19 pandemic, Jean-Raymond converted his New York office into a donation centre for PPE and launched a $50,000 fund for minority and female-owned independent businesses suffering financially from the health crisis. The change-maker has been vocal about the unnecessarily fast pace of the fashion industry, presenting one collection per year instead of two .
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