Accent Group

OVERALL
Owned	AUS
Rating

Holding company

Formerly RCG Corporation, this investment holding company owns and operates a number of footwear businesses in the performance, comfort and active lifestyle sectors. These include The Athlete's Foot Australia and Podium Sports. In addition, their wholesale and distribution subsidiary is the Australian distributor for the Saucony, Sperry Top-Sider, Merrell, Cushe, Chaco & CAT brands of footwear and apparel. Acquired Accent Group in 2015, Hype DC in 2016 and Glue Store in 2021. They operate 700 stores, 33 brands and over 35 online platforms.

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Company Assessment

PRAISE	CRITICISM	INFORMATION
Accent Group Ltd
3/5 for packaging performance This company received a packaging performance level of 3 (Advanced) in its 2022 APCO Annual Report. Australian Packaging Covenant Organisation (APCO) is a not-for-profit organisation leading the development of a circular economy for packaging in Australia. Each year, APCO Members are required to submit an APCO Annual Report and Action Plan, which includes an overall performance level from 1 (Getting Started) to 5 (Beyond Best Practice). Source: APCO (2022)	16/100 in 2022 Ethical Fashion Report Baptist World Aid Australia's '2022 Ethical Fashion Report' assessed 120 companies on their efforts to mitigate against the risks of forced labour, child labour and worker exploitation in their supply chains, as well as protect the environment from the harmful impacts of the fashion industry. Assessment criteria fall into five main categories: policy & governance, tracing & risk, auditing and supplier relationships, worker empowerment and environmental sustainability. This company received a score of 16/100. Source: Baptist World Aid Australia (2022)	Code of conduct This company has a publicly available Corporate Governance Policies on its website, which includes their Code of Conduct. Source: company website (2019) Modern Slavery disclosure quality Modern slavery disclosure is a critical step in mitigating the risk associated with modern slavery practices in companies' operations and supply chains. The quality of the disclosure signals the level of commitments and efforts that the companies have put in managing these risks. In 2021 the Monash Centre for Financial Studies analysed and ranked the disclosure quality of the modern slavery statements submitted by the 300 largest listed companies on the Australian Stock Exchange (ASX300). This company's modern slavery disclosure statement received a grade of C. Source: Monash University (2021)

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Company Details

Type	Public company
Founded	1988
Revenue	1 billion AUD (2021)
Employees	6,000 (2021)
Subsidiaries	Next Athleisure Pty Ltd  Youth apparel retailer This former subsidiary of Rebel Sport operates streetwear retailer Glue Store and apparel wholesaler Trend Imports. Acquired by Accent Group in 2021.

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