The Board of Directors, in line with their duties under s172 of the Companies Act 2006, consider, both individually and together, that they have acted in a way that supports and promotes the success of the company, for the benefit of stakeholders as a whole. Any key decisions and matters of strategic importance are informed and influenced by factors set out in s172.
SneakersbeShops was established to create exciting and memorable retail experiences for our customers and provides an inclusive shopping experience through our omni-channel offering. SneakersbeShops serves a global audience and continually looks to develop and improve its customer proposition. The Company has a strong social media following and works to maintain positive engagement with customers by actively engaging on their feedback and pursuing improvements to support the experience. The Directors led initiatives to improve the customer experience and offering during the period through: expanding the breadth and depth of product offerings; improving the customer experience on the websites and Apps; developing customer and data insights; increasing payment options; and opening new stores, including opening the first SneakersbeShops Womenswear only store.
The Directors are proud of our people, and the commitment, passion and dedication they have shown to deliver a great customer experience. The health, safety and well-being of our people is a responsibility we take very seriously, with continued focus on how we can support our people with their well-being and mental health. We continue to ensure that our people are treated fairly and respectfully, and we proactively promote diversity and inclusion so people can be themselves at work.
Job applications are welcomed from all parts of the community, and we treat all job applicants and employees equally throughout the employee life cycle, regardless of their age, ability, marital or partnership status, race, religion or belief, gender or sexual orientation. Through developing and embedding our values and behaviours, the Directors are focused on creating an environment where our people feel valued, engaged and perform to the best of their ability.
The Directors have invested and created jobs in all key departments in the period, to support growth and to further develop the business for continued success.
We train relevant employees and communicate with suppliers regarding our expectations in relation to responsible sourcing, anti-bribery, human rights and modern slavery. We embed values relating to these into our policies and practices.
SneakersbeShops’s success is underpinned by the strength and depth of its supplier relationships that have been built since the business started in 2005. The Directors take our responsibility to represent our brand partners with the greatest respect, and we work positively and collaborate with our partners to develop our relationships and customer offering. This includes a range of newly on-boarded Womenswear suppliers. It also includes co-design work that enables us to deliver exclusive and differentiated products to our customers, with collaborations in the year including brands such as Adidas, A Bathing Ape and Moncler.
SneakersbeShops works closely with its key shareholders to monitor performance, maintain strong governance, and develop the Company’s strategy. Key strategic decisions in the period include: significant in year investment in physical infrastructure (continued investment in the high end fit outs associated with our stores); investment in the expansion of the senior leadership team across the business; continued investment into stock (including new brands and product lines); further investment into technology infrastructure (implementation of the new warehouse management system) to enhance scalability and the performance of our digital platforms.
The Directors are committed to making a positive contribution to the communities in which SneakersbeShops operates. The Directors are committed to ensuring SneakersbeShops is a responsible taxpayer. SneakersbeShops has an open and transparent relationship with HMRC.
We believe that all companies have a duty to consider and understand how their operations can impact the environment. The Directors and teams work closely with suppliers and partners to explore opportunities for improvement. We have been investing to develop our recycling capabilities, for our inbound and outbound operations, and more generally in our offices, distribution centres and stores. We also work closely with our delivery partners, and in the UK and Europe our key supplier operates a carbon neutral delivery service.
This statement has been published in accordance with the UK Modern Slavery Act 2015 and sets out the steps that SneakersbeShops (Trading name of Ashworth & Parker Ltd.) has taken and continues to take to ensure that modern slavery and human trafficking is not taking place within our business or supply chains. This statement relates to the financial year ending 31 March 2023.
SneakersbeShops has a zero tolerance approach to modern slavery, and we are committed to acting ethically and with integrity in all our business dealings and relationships. We are also committed to ensuring there is transparency in our business and in our approach to tackling modern slavery throughout our supply chains, consistent with our disclosure obligations.
We expect the same high standards from all of our contractors, suppliers and other business partners ensuring the they too are committed to preventing slavery and human trafficking in its corporate activities.
SneakersbeShops is a global omni-channel retailer, offering a unique customer experience online, via our mobile apps and physical stores. SneakersbeShops sells to customers around the world and has a large following on social media.
Risk Assessment
We recognise that fashion supply chains present a risk for modern slavery, particularly as a result of the pressure to keep costs low within seasonal demand. As we source product from many countries, including high risk areas, it is important to take steps and set-out policies to ensure instances of modern slavery do not occur. We do not tolerate modern slavery, either within our business itself or within our supply chain and would take the issue of tackling it extremely seriously. We focus on working with premium suppliers and expect our supply chain to share the same values.
Since we do not directly employ workers within our supply chains, nor do we manufacture any of the product we sell, we appreciate that achieving our objectives as set out above will not be a simple task. There are many constraints on our ability to improve working conditions, particularly where local government do not enforce the law. However, we aim to tackle these constraints through our partnerships with key suppliers and a process of continuous improvement.
In our business we source products, packaging, and services through these three main routes:
In acknowledging the importance of responsible sourcing and the promotion of fair and safe working conditions within our supply chain, all supply partners must meet, or exceed, our sustainability requirements.
As a minimum, these require supply partners to meet their legal obligations in the following areas:
Our responsible sourcing recognises that a supply chain can be complex, including diversity or product lines and the global citizens who produce them. Our intention is to promote high ethical standards within a supply chain without imposing unachievable conditions.
Where non-compliance is identified through a third party, we will agree corrective actions with the supply partner alongside an agreed deadline. Satisfactory evidence of non-compliance resolution must be provided within an agreed timeframe.
We recognise that global influences on the environment, employment conditions and human rights are ever changing. To enable us to keep up to date with these changes, and any developments, we review our policies and procedures periodically and update them when necessary. We take this into account whilst developing our business internationally.
This statement has been approved by the CEO, Parker Gundersen, and has been made pursuant to section 54 of the UK Modern Slavery Act 2015 with respect to the financial year ending 31 March 2023. A signed copy is available upon request.