What can be done to combat this lack of female representation in fashion is the key question. With increased competition, a harsh financial environment and the impact of Covid still affecting many brands, Waterhouse-Biggins stresses the risk-averse nature of many fashion brands right now, noting that they often hire known names from competitors rather than investing in new talent. This, of course, only continues the vicious cycle.

As Hanushka Toni, founder and CEO of luxury resale label Sellier, notes: “High-level fashion roles are notorious for demanding long hours and intense dedication. This expectation of constant availability and commitment can create significant barriers for women, particularly those who have greater family responsibilities – often forcing them to make difficult choices or compromises in their careers.”

It seems a real corporate mindset shift is needed to ensure that one woman stepping down from a high-powered role does not send shockwaves through the industry. To do this, it’s time for brands to take a few risks, reward real talent in their hiring processes, offer a more flexible approach to work and put spend behind female leadership through mentorship programmes and boosted support. Let’s hope we’ll soon see this in action.

What Virginie Viard’s exit at Chanel means for women in the fashion industry