Is Prada Too Big to Fail?

When it was reported a couple of weeks ago that the New York City Commission on Human Rights entered into a multi-year diversity resolution agreement with Prada outlined in clear goals to hire more people of color, it signaled a new age of accountability. But it also put a spotlight on companies like Prada, with a checkered history on race, desperately trying to reinvent itself without atoning for its legacy—and it's working. Prada has dragged along a new generation of black influencers, short on recent industry knowledge, to cheerlead their sudden anointment of black people. We welcome the evolving stance yet still we must ask, what was going on in those two decades when Prada largely ignored, if not suppressed the influence of black people? And, can Prada do no wrong, is it too big to fail?