Wear lt Now has started to implement damage control, and must find ways to mitigate the risks they face.

Match the risk to the ways it can be mitigated.

Jriquidity risk

Work internally with Investor Relations and Public Relations teams to make statements condemning EDGY and clarify what happened. Find ways to support or remunerate scammed young people, plus deal with excess clothes in a sustainable way to flip the news coverage so it's positive.

Work with the investment bank to anticipate cash flow issues by borrowing money, issuing bonds, and selling equity to raise funds.

Double$-$check existing suppliers and partners to ensure no more losses. Work with sellside institutions to find ways to build the company's credit rating back up$.$

Work with regulators to put in place the most stringent safeguards possible, to ensure this never happens again.