Barclays Pays Women Significantly Less Money than Men, Victoria's Secret's Parent Company Struggles to Stay Afloat

  • BARCLAYS PAY GAP: Barclays PLC, a UK-based bank, revealed that it pays female investment bankers 48% of what it pays their male counterparts. The gap grows to 79% for discretionary bonuses, according to Bloomberg
  • VICTORIA'S SECRET STRUGGLE: The parent company of Victoria's Secret, L Brands, is floundering, according to Markets Insider. Panty prices have dropped and the brand may have focused too much on its PINK offerings. Hate to say we told ya so, but we told ya so 
  • BEAUTY NEWS: Glossier has snagged a third round of venture capital funding worth $52 million, according to Recode. Meanwhile, its cheaper counterpart, Deciem (The Ordinary's parent company), is struggling as its founder has fired the beauty brand's co-CEO rather publicly, Racked reports. And ClassPass is adding wellness and beauty treatments to its offerings, Byrdiesays. 
  • BLACK VENTURE CAPITALISTS: We love this list of 25 black venture capitalists to watch in 2018 from Pitchbook. Want to know what it's like to raise VC money as a black woman in 2018? Check out this Refinery29 piece. 
  • HEDGE STRUGGLES: A major reason hedge funds are struggling to keep pace with other investment firms? Its their lack of diversity, according to Business Insider.
  • MEDICAL #METOO: Women working at hospitals and in the medical field struggle with sexual harassment and assault too, NBC reports. 

- Alicia McElhaney / She Spends Issue #42

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