Otavio Lyra

Netshoes (Cayman) Ltd. engages in selling of shoes and clothing through stores and online. It operates through the following segments: Brazil and Argentina. The Brazil segment consists of retail sales of consumer products, which includes sales of sporting goods and related garments as well as fashion and beauty goods. The Argentina segment consists of retail sales of consumer products, mainly sporting goods and related garments from its site netshoes.com.ar in Argentina. The company was founded by Marcio Kumruian and Hagop Chabab in January 2000 and is headquartered in São Paulo, Brazil.