|
Figueirense: Professional Management is Highlighted in National Media
March 2011 – The professional management model adopted by Figuerense FC has been highlighted in national media sources. The project which began in March 2010, had as a primary objective the breaking of the paradigms associated with the management of Brazilian football clubs, namely amateurism and informality. With well-defined and documented objectives, financial processes which adopt best practices and a completely professional management model, Figuerense has recovered its place within the “Serie A”, Brazil´s top league, and is now aiming even higher. Phoenix is involved with Figuerense´s strategic and financial management.
Phoenix and Tany – A Results-Driven Partnership
March 2011 – Less than 6 months after commencing the restructuring process of Tany - a major player in the production of hair dryers, straighteners and a wide range of accessories for the professional market - significant results can already be seen; A 40% increase in sales between 2009 and 2010, a reduction in WACC from 2.2% p.m. to 1.64%, adjustment in capital structure to consider import cycles and the hiring of experienced professionals to take over operational, financial and technological management. These are just a few examples of benefits reaped from recent changes to the company. Furthermore, on February 28th Tany´s new image has been reinforced even further with the opening of their new headquarters in Sao Paulo, on “Avenida Paulista”. Without forgetting their roots and culture, in which respect to people comes first, Tany has revamped its operations and looks toward a promising future of many more conquests. Phoenix acts as an advisor to Tany´s administration on strategic planning and financial management matters.
|