Risk management and risk controlling

A responsible approach to risks is an element of good corporate governance

HUGO BOSS considers a responsible approach to risks to be a key component of good corporate governance. The risk management system anchored in the value-based Group management permits the Group to identify and assess risks at an early stage and to optimize risk positions using appropriate measures. Ensuring reasonable and effective risk management and risk controlling is of particular importance in this connection. The systems in place are continually enhanced and adapted to changing circumstances. Inherently, however, they cannot provide complete protection from losses resulting from business transactions or fraud. Report on Risks