Capri Holdings

Capri Holdings Limited Announces Third Quarter Fiscal 2024 Results

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목요일, 2월 8, 2024

Jewelry, Fashion, Luxury, Retail, Footwear, CPRI, Deleveraging, E-commerce, Capri Holdings, Growth, COVID-19, GAAP, Calendar, Database, Name, Fiscal, Versace, Bank statement, ERP, Multimedia, DNA, Total

Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the third quarter of Fiscal 2024 ended December 30, 2023.

Key Points:

Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the third quarter of Fiscal 2024 ended December 30, 2023.
Management expects inventory levels to remain below prior year in the fourth quarter of fiscal 2024.
On an annual basis, Capri Holdings continues to expect to generate strong free cash flow, in line with historical levels.
Given the pending merger transaction of Capri Holdings Limited by Tapestry, Inc., the Company does not intend to provide financial guidance.

Tapestry, Inc. Announces Closing of Senior Unsecured Notes Offerings

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월요일, 11월 27, 2023

Fashion, Online Retail, Retail, Luxury, Jewelry, Other Retail, USD, EBITDA, Hand, Debt, EUR, Capri Holdings, Acquisition, NYSE, EPS, Kate Spade, Security (finance), Tapestry, Coach

Tapestry, Inc. (NYSE: TPR) (the “Company”), a house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, announced the closing of its $4.5 billion USD senior unsecured notes and its €1.5 billion Euro-denominated senior unsecured notes offerings.

Key Points:

Tapestry, Inc. (NYSE: TPR) (the “Company”), a house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, announced the closing of its $4.5 billion USD senior unsecured notes and its €1.5 billion Euro-denominated senior unsecured notes offerings.
Tapestry, Inc.’s Chief Financial Officer and Chief Operating Officer, Scott Roe, said, “We are pleased to announce the completion of our financing transaction, highlighting Tapestry’s progress towards closing the previously announced acquisition of Capri Holdings Limited.
To this end, we raised $6.1 billion in senior notes, garnering high-quality fixed income investors globally, and securing an all-in debt interest rate, including Tapestry's existing debt, of 6.5%, in-line with our original expectations.
Summary of Offering and Tapestry, Inc. Debt Outstanding

Capri Holdings Limited Announces Second Quarter Fiscal 2024 Results

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목요일, 11월 9, 2023

Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the second quarter of Fiscal 2024 ended September 30, 2023.

Key Points:

Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the second quarter of Fiscal 2024 ended September 30, 2023.
View the full release here: https://www.businesswire.com/news/home/20231109706319/en/
John D. Idol, the Company's Chairman and Chief Executive Officer, said, "Capri Holdings' second quarter results were below our expectations due to macro-economic headwinds as well as Ecommerce implementation related challenges.
While we are excited about the long-term benefits, the transition negatively impacted our second quarter results.
Given the proposed merger transaction of Capri Holdings Limited by Tapestry, Inc., the Company does not intend to provide financial guidance.

Lightsource bp ‘Tailors’ Multi-Buyer Solar PPA for Global Fashion Brand Collective

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수요일, 10월 18, 2023

Lightsource bp has signed an innovative collective virtual power purchase agreement (CVPPA) with The Fashion Pact , the largest CEO-led initiative for sustainability in the fashion and textile industry.

Key Points:

Lightsource bp has signed an innovative collective virtual power purchase agreement (CVPPA) with The Fashion Pact , the largest CEO-led initiative for sustainability in the fashion and textile industry.
This collective deal enables businesses with global responsibilities but less intensive energy use to benefit from solar power and underpin the development of new renewable energy projects.
Spearheaded by Co-Chairs Helena Helmersson and Co-Founder Paul Polman, The Fashion Pact brings together fashion industry’s top leaders to drive progress and design collective solutions towards a nature-positive, net-zero future.
The Fashion Pact worked collaboratively with the Lightsource bp´s EMEA Power Markets team to create a bespoke PPA structure that would meet the needs of their members while satisfying the collective renewable electricity demand.

SHAREHOLDER ALERT: Morris Kandinov Investigating AEL, CPRI, TALS, and PFSW; Shareholders are Encouraged to Contact the Firm

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월요일, 10월 2, 2023

Tapestry, PFSweb, AEL, Capri Holdings, Brookfield (corporation), GXO, Advertising, SAN, Therapy, NYSE, Tapestry, Inc., Security (finance), Real estate, Talari Networks

If you are a current owner of shares of any of these stocks, contact [email protected] .

Key Points:

If you are a current owner of shares of any of these stocks, contact [email protected] .
Morris Kandinov is investigating possible breaches of fiduciary duties and other violations of law related to Talaris Therapeutics, Inc.’s agreement to merge with Tourmaline Bio, Inc.
Morris Kandinov is investigating possible breaches of fiduciary duties and other violations of law related to PFSweb, Inc.’s agreement to be acquired by GXO Logistics, Inc.
Morris Kandinov LLP is a national law firm that specializes in recovering investment losses and protecting stockholder rights.

US Wearables Market is to grow by USD 7.82 billion from 2022 to 2027, Driven by the increasing focus on fitness and healthy lifestyle orientation - Technavio

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토요일, 9월 30, 2023

The potential growth difference for the wearables market in US from 2022 to 2027 is USD 7.82 billion, according to Technavio.

Key Points:

The potential growth difference for the wearables market in US from 2022 to 2027 is USD 7.82 billion, according to Technavio.
The increasing focus on fitness and healthy lifestyle orientation are key factors driving the market growth.
Wearables provide an easy and convenient way of monitoring physical activity, keeping track of a person's health status, or achieving their fitness goals.
As a result, consumers have become very aware of health and are using these products to meet their fitness objectives.

SHAREHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – CPRI, VRTV, SOVO, THRN

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목요일, 9월 28, 2023

CPRI, Campbell Soup Company, Tapestry, Empire, Sale, Acquisition, Capri Holdings, Monteverde, Association of British HealthTech Industries, NYSE, Dubilier, Security (finance)

Under the terms of the agreement, CPRI shareholders will receive $27.05 in cash per share they own.

Key Points:

Under the terms of the agreement, CPRI shareholders will receive $27.05 in cash per share they own.
It is free and there is no cost or obligation to you.
Veritiv Corp. (NYSE: VRTV ), relating to its proposed sale to an affiliate of Clayton, Dubilier & Rice LLC.
Under the terms of the agreement, THRN shareholders are expected to receive $10.20 in cash per share they own.

Moore Kuehn Encourages PFSW, SOVO, CPRI, and FRGI Investors to Contact Law Firm

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수요일, 9월 27, 2023

Tapestry, Campbell Soup Company, PFSweb, PLLC, Wall Street, Capri Holdings, Fiesta Restaurant Group, Fraud, Security (finance), Bank, Sovo, Capri, Fiesta

Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies.

Key Points:

Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies.
Moore Kuehn encourages shareholders who would like to discuss their rights to contact Justin Kuehn, Esq.
Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
Moore Kuehn is a 5-star Google client-rated New York City law firm with attorneys representing investors and consumers in litigation involving securities laws, fraud, breaches of fiduciary duties, and other claims.

SHAREHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – PFSW, ESTE, CPRI, AEL

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월요일, 9월 18, 2023

Permian, CPRI, Tapestry, Empire, AEL, Sale, Capri Holdings, Monteverde, TXO Production Corp. v. Alliance Resources Corp., NYSE, Security (finance)

Under the terms of the agreement, PFSW shareholders will receive $7.50 in cash per share they own.

Key Points:

Under the terms of the agreement, PFSW shareholders will receive $7.50 in cash per share they own.
Earthstone Energy, Inc. (NYSE: ESTE ), relating to its proposed merger with Permian Resources Corp.
Under the terms of the agreement, ESTE shareholders will receive 1.446 shares of Permian per share they own.
Under the terms of the agreement, AEL shareholders are expected to receive 0.49707 shares of Brookfield and $38.85 in cash per share they own.

ALERT: The M&A Class Action Firm Continues Investigating the Merger – CTG, NEWR, CPRI, AEL

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화요일, 9월 12, 2023

CPRI, New Relic, Tapestry, Computer Task Group, Empire, AEL, Sale, CTG, Capri Holdings, Francisco Partners, Monteverde, NYSE, Security (finance)

Under the terms of the agreement, CTG shareholders will receive $10.50 in cash per share they own.

Key Points:

Under the terms of the agreement, CTG shareholders will receive $10.50 in cash per share they own.
It is free and there is no cost or obligation to you.
American Equity Investment Life Holding Co. (NYSE: AEL ), relating to its proposed sale to Brookfield Reinsurance.
Under the terms of the agreement, AEL shareholders are expected to receive 0.49707 shares of Brookfield and $38.85 in cash per share they own.