board of directors

Transcripción

board of directors

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1. GENERAL INFORMATION OF THE COMPANY
Legal Background
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SHAREHOLDERS
AS OF DECEMBER 31st,
2007
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BOARD OF DIRECTORS
AND MANAGEMENT
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3. BOARD OF DIRECTORS AND MAGAGEMENT
3.1 BOARD OF DIRECTORS
ALFONSO SWETT SAAVEDRA
Identification Card Nº 4.431.932-2
Chairman of the Board; Businessman, Chairman of the Board of Costanera S.A.C.I.,
Costanera Real Estate Co., Olisur S.A., Director of Elecmetal S.A., Navarino S.A., Megavision S.A. Television network, Santa Rita S.A. wineyard, Quemchi S.A., Hortifrut S.A.
and Marbella Chile S.A.; Advisor of Entrepreneurial Generation and SOFOFA (Chilean
Manufacturers Development Society).
ALFONSO SWETT OPAZO
Executive Director, Business Administration Graduate Universidad Católica de Chile,
MBA University of Duke (USA), CEO of Costanera S.A.C.I., Director of Agricola Costanera S.A, Olisur S.A. and Parque del Sol S.A. Real Estate Co.
HERIBERTO URZUA SANCHEZ
Business Administration Graduate Universidad Católica de Chile; MBA I.E.S.E. Barcelona / London Business School; Director of Andina S.A. Bottling Co., Ariztía Agricultural
Co and Hortifrut S.A. President of Patagonia Investment and Director of ICARE.
RICARDO SWETT SAAVEDRA
Identification Card Nº: 4.336.224-0
Former Chilean Army Officer and Certified Public Accountant, Former CEO of Forus S.A.
and Director of Parque del Sol Real Estate Co., Olisur S.A. and Costanera S.A.C.I.
PEDRO JULLIAN SÁNCHEZ
Business Administration Graduate Universidad Adolfo Ibáñez; Chairman of the Board of
CMF Packaging Co., Director of Los Vascos S.A. winery and ME-Global Co (USA).
JOHN STEVENSON
British citizen
Graduated from Leicester University, United Kingdom, ADOC Consultant on International Development (El Salvador Republic), Former Chairman of the Board of Hush Puppies USA and Brooks USA and former Vice-.President of Production and Sourcing of
Timberland USA
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3.3 MANAGEMENT
INVESTMENTS
IN OTHER
COMPANIES
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ARGFORUS S.A.
Commercial Name
ARGFORUS S.A.
Line of Business:
Commercialization and distribution of any type of footwear, accessories and women´s clothing.
Directors and Executives
Víctor Díaz Bobillo (Chairman of the Board)
Luis Romano (Director)
Shareholding
97% of capital.
Total of stocks
12,000
Subscribed and paid-in capital
M Ch$5,963
Investment
MCh$4,404, corresponds to 0.006% of parent company total asset.
General Description
Commercial joint venture domiciled in the city of Buenos Aires, Argentina. A company founded
in
April, 2000, whose line of business is the commercialization of women footwear and accessories.
NO COMMERCIAL ACTIVITY
DIVIDEND
POLICY
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5. DIVIDEND POLICY
RELEVANT
OR ESSENTIAL EVENTS
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6. RELEVANT OR ESSENTIAL EVENTS
REMUNERACIONES
DEL DIRECTORIO
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7. REMUNERATIONS
a) Forus S.A. Board of Directors Remunerations
ACTIVITIES
AND BUSINESS
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8.5 BRANDS
The company has an excellent portfolio of brands and licenses to cover the different
segments of footwear and clothing market.
Tight and long relations with our licensees have allowed us to work these brands successfully.
Hush Puppies: footwear brand, leader in the worldwide concept of casual footwear. With more than 25 years of success in Chile, the brand has constantly adapted to the
local market, generating new concepts and always innovating. Hush Puppies is oriented to
casual footwear comfort concept for men and women of the medium and high economical
segments, between 18 and 65 years.
Hush Puppies Kids; infant footwear and clothing, an extension, due to the success
reached by the Hush Puppies brand. This brand is focused in health and comfort, and it has
reached a leading position in the local market, privileging concepts such as suitable foot form
for children and healthy growth.
Rockford; the first Chilean outdoor brand for footwear, clothes and accessories.
Created by Forus, it has a real, unique and international concept. It is a 100% exportable and
desirable. Rockford is a contemporany brand with a three-dimension environment, featured
by sophisticated stores, simple and outdoor life, which relate man with nature, his dreams
and hopes,
Columbia; leading mountain and beach activity clothing, with long history and strong
success in the local market. Columbia brand has a solid orientation towards technological
innovation and it is a prestige reference in the outdoors world and number one in the United
States ski market.
Cat; Caterpillar Inc a shoe and clothes brand. CAT stands for innovation, technology,
safety and durability. This brand aims at young urban people, achieving a strong identification
with its values and personality.
Merrell; American brand for a modern, esthetic and environmental consumer. This
brand is focused in men and women with an outdoors concept for the medium and upper
intermediate socioeconomic group; although its main focus is the segments between 25 and
40 years. This is the outdoor leader brand and is starting its operations in outdoor clothes.
Nine West: Leading women fashion footwear brand in the United States. Nine West
characterizes for setting trends and is a symbol of women with style and category. In Chile
Nine West stands out as a big reference for vanguard and fashion women.
Calpany; This brand is owned by Forus S.A. for infant footwear and clothing with a
re-known history, focused in upper – intermediate, average and low intermediate social economic class mothers, between 20 and 45 years and children between 0 and 10 years. This
brand emphasizes concepts such as safety and trust, and their products stand out by their
excellent price – quality relationship.
Norseg; Forus S.A. own brand for security footwear and work protection elements
(helmets, gloves, glasses, work clothes, etc.) very well known in labor market with over 25
years of experience. The Norseg brand has a very good position within the consumers mind.
Forus purchased Norseg in 2006.
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8.9 PRODUCTION AND SALES
Company Sales in 2007 reached MM$90,568 and they have showed a
sustained growth increase as it appears below:
Consolidated Sales
Forus profit in 2007 increased in 32% regarding previous year:
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AREAS
OF THE
COMPANY
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9. COMPANY DIFFERENT AREAS
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RISK
FACTORS
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FINANCIAL STATEMENTS
CONSOLIDATED FINANCIAL
STATEMENTS
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board of directors

Transcripción

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