And Victoria’s Secret is the latest brand to the 15 Percent Pledge, committing to selling Black-owned brands.

And Victoria’s Secret is the latest brand to the 15 Percent Pledge, committing to selling Black-owned brands. Black-owned Savage x Fenty has taken a major share of the intimates market and become a favorite of BIPOC young consumers. After years of lagging diversity efforts, Victoria’s Secret is promising to establish a system to have 15% of their suppliers be Black-owned, a significant increase from their current 1-2%. The brand is also committing to giving more promotions to Black employees, promising 15% by 2027, and will publish a report on their diversity and inclusion progress later this year. 15 Percent Pledge’s founder Aurora James told YPulse, “The goal of the 15 Percent Pledge is that we instill long-term change within these retailers’ buying strategy and that they continue to invest in the future of the Black community. Fifteen percent is the least they can do.” (Forbes, Black Enterprise)