FORT MYERS, Fla., March 8, 2019 /PRNewswire/ -- Chico's FAS,
Inc. (NYSE: CHS) is today celebrating International Women's Day
with special events that promote and celebrate women empowerment
and the Company's commitment to diversity, equity and inclusion.
The Company also announced that in recognition of its
accomplishments in these areas, Chico's FAS been named one of the
2019 NAFE Top Companies for Executive Women by the National
Association for Female Executives in partnership with Working
Mother.
"As a company founded by a woman, female empowerment is at the
core of Chico's FAS and an area of action and achievement across
our organization," said Shelley
Broader, CEO and President of the Company. "We are committed
to continuing to foster a diverse, inclusive environment that
celebrates individuality, influences our culture and innovates the
way we work, serve our customers and create value."
International Women's Day
In celebration of International Women's Day, at its corporate
headquarters in Fort Myers,
FL:
- Chico's FAS is hosting a yoga session for associates. In
addition to bringing a morning of wellness, the event symbolizes
the importance of gender balance within organizations and
reinforces the International Women's Day 2019 campaign theme,
#BalanceforBetter.
- Chico's FAS associates will be encouraged to showcase diversity
within the organization by reproducing the Company's logo using a
mosaic of individual employee photographs.
- Seven women-owned food trucks will be on-site during lunchtime
with menus designed around women empowerment themes.
- Chico's FAS produced a video featuring Company leaders and
associates and the positive impact they have had on individual
women through their charitable activities and community outreach.
The video is being shared internally to employees as well as
externally on the Company's social media channels.
Each of the Company's three brands will also be engaging with
customers through social media and via email with messages that
recognize the importance of International Women's Day and the
confidence, spirit and power of women.
2019 NAFE Top Companies for Executive Women
On March 5, 2019, Chico's FAS was
named one of the top 70 companies for executive women by NAFE and
Working Mother. This is the second consecutive year that
Chico's FAS has received this award.
The recognition acknowledges U.S. corporations where there is a
strong focus on best practices that demonstrate effectiveness in
moving women to senior ranks, including mentoring, sponsorship,
involvement in employee-resource groups and leadership-development
training. It also highlights company benefits, including
flexibility, corporate culture, and CEO involvement in advancing
women. The NAFE Top 70 Companies is featured in the April/May issue
of Working Mother.
With an executive team and Board of Directors composed of 57%
and 56% women, respectively, Chico's FAS is consistently recognized
for its commitment to diversity and attracting, retaining and
supporting female talent.
Ms. Broader stated, "We are pleased to receive this recognition,
which reflects our belief that diversity and inclusion are
important corporate values. Women drive 70% of consumer purchases,
through a combination of influence and buying power. It only makes
good business sense to have decisions effecting those products in
their hands, too."
"In 2019, a woman's journey up the corporate ladder still
differs from a man's, but the Top Companies stand out in their
application of remedies," says NAFE President Dr. Betty Spence. "They are models of how to
progressively move women into senior roles, as reflected in their
strong representation in the leadership ranks."
"The 2019 NAFE Top Companies continue to tell a progressive
story about what organizations are doing to move women up into
executive positions," says Subha V.
Barry, President of Working Mother Media. "While the results
are encouraging, there is still much work to do. There are still
too few women serving as CEOs, managing large asset portfolios, and
seated on boards of directors, but the NAFE Top Companies are
paving the way for the advancement of women."
In addition to the 2019 and 2018 NAFE/Working Mother
recognitions, Chico's FAS has received numerous other awards and
acknowledgements for its excellence in female leadership:
- Ranked #1 by Ledbetter, Most Female Representation in Senior
Management Positions, (2017)
- 20/20 Women on Boards, Board of Directors Gender Diversity
Recognition, (2012-2017)
- Women Executive Leadership Florida Corporate Salute Elevate
Award, Advancement of Gender Diversity in the Boardroom and
C-suite, (2017)
- Women's Forum of New York Corporate Champion, Accelerating
Gender Parity in the Boardroom, (2017)
Empowerment of women has also been at the heart of the Company's
corporate giving mission, Chico's FAS Cares. Through brand
and corporate cause-related initiatives, Chico's FAS continues to
pursue corporate citizenship partnerships that share the Company's
focus on supporting women's health, well-being and
empowerment. Examples include Chico's FAS's national and
local Fort Myers, Florida
partnerships with organizations such as Habitat for Humanity
International, Living Beyond Breast Cancer, the American Red
Cross and I Support the Girls.
ABOUT CHICO'S FAS,
INC.
The Company, through its brands – Chico's, White House Black
Market and Soma is a leading omnichannel specialty retailer of
women's private branded, sophisticated, casual-to-dressy clothing,
intimates and complementary accessories.
As of February 2, 2019, the Company operated 1,418 stores
in the U.S. and Canada and sold
merchandise through 83 international franchise locations in
Mexico. The Company's merchandise
is also available at www.chicos.com, www.chicosofftherack.com,
www.whbm.com and www.soma.com as well as through third party
channels. For more detailed information on the Company, please go
to our corporate website at www.chicosfas.com. The information on
our corporate website is not, and shall not be deemed to be, a part
of this press release or incorporated into our federal securities
law filings.
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SOURCE Chico's FAS, Inc.