The big challenges Case studies Our wardrobe Insight & research The way we work Next steps Risk & ƒoernan†e H‚ˆ ˆ c‹ ‰ l† ™raeƒi† Risk­ Finan†ia Risk­ –yber se†uriy hreas­ AAAs ‚ashion an uxury †o…€aniess ‚ashion an uxury †o…€aniess ‚ashion an uxury †o…€anies Risk …anaƒe…en †an a† asRisk …anaƒe…en †an a† asRisk …anaƒe…en †an a† as TTThe in†rhe in†rhe in†reasinƒ …oe…eneasinƒ …oe…eneasinƒ …oe…en A †hanƒinƒ reƒuaory eniron…en­ Eoinƒ ƒoernan†e seek o †a€urseek o †a€urseek o †a€ure ƒre ƒre ƒro„h i „io„h i „io„h i „i an enaber o‚ oher aue riers –an enaber o‚ oher aue riers –an enaber o‚ oher aue riers – o„aro„aro„ars he ao€ion o‚ s he ao€ion o‚ s he ao€ion o‚ iƒiaiƒiaiƒia ans†a€es­ In oay’s un€rei†abe an hiƒhy †o…€eiie be ia o a†iey …anaƒe hebe ia o a†iey …anaƒe hebe ia o a†iey …anaƒe he ‚or exa…€e assurinƒ he en˜‚or exa…€e assurinƒ he en˜‚or exa…€e assurinƒ he en˜ „i„i„i r r re uire uire uire a se€ †hanƒe ‚ore a se€ †hanƒe ‚ore a se€ †hanƒe ‚or business eniron…en i’s i…€oran o ake a hoisi† ie„ srsrsraeƒi† risks asso†iae „ihaeƒi† risks asso†iae „ihaeƒi† risks asso†iae „ih o˜en su€€y †hain es€e†iao˜en su€€y †hain es€e†iao˜en su€€y †hain es€e†iayyy …any uxury br…any uxury br…any uxury brans in ho„ans in ho„ans in ho„ o‚ ƒoernan†e risk an †o…€ian†e – „hie ‚o†usinƒ no ‘br‘br‘bran sran sran sre†h’¢ €us o unersane†h’¢ €us o unersane†h’¢ €us o unersan „hen br„hen br„hen bran˜i†ensinƒ an hiran˜i†ensinƒ an hiran˜i†ensinƒ an hir hey €rhey €rhey €roe† heir o„n anoe† heir o„n anoe† heir o„n an he risk˜rhe risk˜rhe risk˜reurn as€e†s o‚ …a‹oreurn as€e†s o‚ …a‹oreurn as€e†s o‚ …a‹or €aries ar€aries ar€aries are inoee inoee inoe heir †uso…ers’ aaheir †uso…ers’ aaheir †uso…ers’ aa ony on he risks ha †an hreaen aue bu aso he risks ines…en e†isionsines…en e†isionsines…en e†isions ha an ener€rise †an ake o †reae aue­ To o his ‚ashion an uxury business eaers shou †onsier e…beinƒ Maserinƒ bran an Ensurinƒ a robus su€€y Ensurinƒ your e†hnooƒy a houƒh‚u a„areness o‚ risk an †o…€ian†e ino he re€uaiona risk †hain an …anaƒinƒ is an asse raher han ery ‚abri† o‚ he orƒanisaion­ Œur risk business s€ans a hir €aries a risk he reean areas o‚ risk – an „e he€ ƒoba orƒanisaions Makinƒ s…arer ines…en ‘uiinƒ e‚‚e†ie risk •roe†inƒ an o esiƒn risk sraeƒies anayse key risks esiƒn an e†isions an i…€roinƒ ƒoernan†e an €ro†esses †onroinƒ aa i…€e…en risk ‚ra…e„orks an su€€or risk †onros €ro‹e† exe†uion an ƒoernan†e­ ™na€sho †ien sory FFor one o‚ he „oror one o‚ he „or’’s i†oni† †onsu…er brs i†oni† †onsu…er bransans „e he€e he… …anaƒe a key r„e he€e he… …anaƒe a key re€uaiona risk –e€uaiona risk – aao„inƒ he… o unersan ho„ an exernao„inƒ he… o unersan ho„ an exerna srsraeƒi† risk †ou a‚‚e† †onsu…er seni…enaeƒi† risk †ou a‚‚e† †onsu…er seni…en an e…an an ho„ o ran e…an an ho„ o res€on­es€on­

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