Paul Smith Modern Slavery Statement

This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 for the financial year ending 30 June 2017.

Introduction

At Paul Smith we are absolutely committed to preventing slavery and human trafficking in our corporate activities, and to ensuring that our supply chains are free from slavery and human trafficking.

Our Business

Founded in the 1970’s, Paul Smith is a global business designing & selling high quality clothing, shoe and accessory collections for men and women in six continents. We also license others to produce and sell eyewear, fragrance, children’s clothing and interior products and in Japan license the production and sale of men’s and women’s clothing.

Our distribution channels remain as before our products are sold through three main channels; our own shops and website, wholesale both in store and on line and to licenced partners. From time to time we also expand our offer through a range of product collaboration projects.

Paul Smith Group Holdings Limited is the ultimate parent company of the global Paul Smith group, including Paul Smith Holdings Limited and our main UK trading company, Paul Smith Limited. Our registered office is at The Poplars, Lenton Lane, Nottingham, NG7 2PW, England.

Our Employees

The Paul Smith group has over 1,000 employees worldwide. We have thorough recruitment practices in which we check all our employees’ eligibility to work and we are confident that there is no risk of slavery and human trafficking within our group.

Our Supply Chains

Our Products
Our product supply chain remains more or less the same as the previous year. We source our fabrics and components from circa 370 suppliers with the majority located in Italy and engage circa 300 factories to manufacture our products, over half of which located in Europe.

Indirect Suppliers
We also contract with suppliers for a broad spectrum of goods and services which are important to our business operations but which do not feed into our product production, such as information technology, shop fittings, till systems, logistics.

Our Policies

At Paul Smith we are committed to ensuring that there is no modern slavery or human trafficking in our supply chains or in any part of our business and we have zero tolerance to any such practices. All factories we work with are required to adhere to ethical working practices, which include but are not limited to complying with key principles of ensuring that: employment is freely chosen and that freedom of association and other workers’ rights are respected; the required standards of working conditions are met and the conditions will be safe and hygienic; workers’ hours are not excessive and that regular employment is provided; there is no use of child labour; and that no discrimination or harsh or inhumane treatment will be practiced or allowed in their organisation.

Update from Previous Year

Our intention was to consider further ways to expand our practices to ensure that there is no slavery or human trafficking in our supply chains and on that basis we have:

• Expanded our ethical code of conduct and have produced a comprehensive Supplier Code of Conduct document.

• Developed a Self-Assessment Audit for the factories we engage.

• The Code of Conduct and Self-Assessment Audit is being rolled out across our supply chain and we are prioritising the factories we work with.

• Continued to advise staff who manage our relationships with the factories and mills of the importance of compliance to our Supplier Code of Conduct and the completion of the Self- Assessment Audits.

• Reviewed and confirmed our HR procedures continue to be robust and we remain confident that there is no risk of slavery and human trafficking within our group.

• Amended our standard terms and conditions of purchase to specifically address the Modern Slavery Act 2015.

Going Forward we will:

• Continue to roll out our Supplier Code of Conduct and expand our compliance requirements to cover more of our supply chain.

• Continue to rollout the Self-Assessments Audits.

• Review our other standard terms and conditions and where include clauses to specifically address the Modern Slavery Act 2015.

• Review contracts with 3rd parties and where appropriate include clauses to specifically address the Modern Slavery Act 2015.

• Consider ways of measuring the performance of actions we take to combat slavery and human trafficking, to help us monitor how effective our practices have been; and

• Continue to investigate further training requirements that may be necessary for our staff.

During this financial year ending June 2017, we have not uncovered any incidents or indicators of modern slavery within our supply chain.

This statement covers Paul Smith Group Holdings Limited, Paul Smith (Holdings) Limited and Paul Smith Limited and has been approved and signed by each company’s board of directors on 28th November 2018.