Founders of Black-owned brands adapt their hopes and business plans for a post-DEI era [Globe and Mail, The (Toronto, Canada)]

Urban Outfitters, Inc. (URBN)
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Source: Globe and Mail, The
Pound Cake and Puzzles of Color are among the small businesses whose owners are rethinking their plans as major U.S. companies weaken their diversity, equity and inclusion programs. The initiatives mostly date from the end President Donald Trump’s first term and entered a new era with the dawn of his second one. Some Black-owned brands suspect big retail chains will drop partnerships they pursued after the police killing of a Black man in 2020 reignited mass protests against racial injustice. In today's anti-DEI climate, other entrepreneurs worry about personal repercussions or feel pressure to cancel contracts with retreating retailers. “It becomes a question of, are the big box stores going to be there? Do we even make any attempt to
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Earnings
- 2/26/25 - Beat
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Sec Filings
- 4/1/25 - Form ARS
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