Luvu Brands, Inc. announced that on September 13, 2021, Manuel Munoz, Chief Information Officer of Luvu Brands, Inc. (the Company), notified the Company of his intention to transition from his executive officer position to a non-executive position with the Company. The Company and Mr. Munoz agreed that he would continue with the Company as Director, Information Systems, at his current salary and other Company benefits, as they currently exist.
Luvu Brands, Inc. designs, manufactures and markets a portfolio of consumer lifestyle brands through the Companyâs websites, online mass merchants and specialty retail stores worldwide. The Companyâs brands include Liberator, a brand category of products for enhancing sensuality and intimacy; Avana, Top-of-Bed Comfort products and inclined bed therapy products, assistive in relieving medical conditions associated with acid reflux, surgery recovery and chronic pain; and Jaxx, a diverse range of casual fashion daybeds, sofas and beanbags made from virgin and re-purposed polyurethane foam. These products are sold through the Companyâs websites, online mass merchants and retail stores worldwide. The Companyâs various products are offered flat-packed and either roll or vacuum compressed to save on shipping and reduce its carbon footprint. The Companyâs e-commerce websites include liberator.com, jaxxbeanbags.com and avanacomfort.com.