Certain information set forth in this presentation contains "forward-looking information". Except for statements of historical fact, information contained herein constitutes forward-looking statements and may include, but is not limited to, the projected financial performance and financial position of the Company; the expected development of the Company's business, projects and joint ventures; the execution of the Company's vision and growth strategy; the renewal of the Company's current customer, supplier and other material agreements; the completion of the Company's projects that are currently underway, in development or otherwise under consideration; and the Company's future liquidity, working capital, and capital requirements. These statements are not guaranteeing of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.
FORWARD-LOOKING STATEMENT DISCLAIMER
In an ever CHANGING INDUSTRY and an increasingly
UNPREDICTABLE WORLD,
in 2019 we decided that FORUS needed to undergo a
mayor TRANSFORMATION
3
We defined a roadmap to make Forus a more INNOVATIVE,
FLEXIBLE and DIVERSIFIED company for an increasingly
uncertain, dynamic and DIGITAL future
Highlights from our Transformation Roadmap
Transformation Roadmap
Scale & diversification by adding new brands in Chile (VANS, UA)
Expand international business: new brands (UA, MANGO), IT & infrastructure, consolidation
Provide a worldclass digital & phygital experience
Close of underperforming stores and reduce fixed expenses
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Forus SA published this content on 01 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 December 2022 13:33:08 UTC.
Forus SA is a Chile-based company primarily engaged in the footwear and apparel retail. The Company focuses on the design, production and distribution of footwear, apparel and accessories for men, women and children. The Company's activities are divided into two business segments: Retail, which sells goods through retail and online stores, and Wholesale, which distributes goods through department stores, owned by Cencosud Retail SA, Falabella Retail SA and Ripley Corp SA, among others. The Company offers products under a range of brand names, including Hush Puppies, Cat, Merrell, Columbia, Mountain Hardwear, Azaleia, Sebago, Nine West, Brooks, Calpany, Skullcandy and Norseg, among others. Its distribution network includes point of sales located in Chile, Uruguay, Peru and Colombia. The Company operates through a number of subsidiaries, such as as Uruforus SA, Peru Forus SA and Forus Colombia SAS. The Company is controlled by Inversiones Costanera Ltda.