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VERA BRADLEY PROVIDES ADDITIONAL BUSINESS UPDATES RELATED TO COVID-19

Friday, April 3, 2020 - 8:09pm

FORT WAYNE, Ind., April 03, 2020 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) (Vera Bradley or the Company) today announced additional business updates related to COVID-19.

Key Points: 
  • FORT WAYNE, Ind., April 03, 2020 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) (Vera Bradley or the Company) today announced additional business updates related to COVID-19.
  • Rob Wallstrom, Chief Executive Officer of Vera Bradley, noted, The COVID-19 pandemic has affected nearly every person, family, and company in this country and around the world, and our Vera Bradley family is no exception.
  • The Company has three reportable segments in which it sells its products: Vera Bradley Direct (VB Direct), Vera Bradley Indirect (VB Indirect), and Pura Vida.
  • The VB Direct business consists of sales of Vera Bradley products through Vera Bradley full-line and factory outlet stores in the United States, verabradley.com, the Vera Bradley online outlet site, and the Vera Bradley annual outlet sale in Fort Wayne, Indiana.

James Drimmer, Esq. of U.S. Legal Support Runs Down the Basics of Remote Depositions in Newly Published Article  

Friday, April 3, 2020 - 1:00pm

Aimed to help litigators understand how to successfully run a remote deposition, the article can be read in full below or on the U.S. Legal Support website here .

Key Points: 
  • Aimed to help litigators understand how to successfully run a remote deposition, the article can be read in full below or on the U.S. Legal Support website here .
  • As practitioners, we will need to develop agreed-upon processes and procedures to follow at remote depositions that will be prescribed either by custom, statute or court rule.
  • Make sure you are in communication with opposing counsel and the witness in terms of agreeing on conducting a remote deposition.
  • Call U.S. Legal Support for a demonstration of this or any other product or service related to remote depositions.

ESMA Updates Its Public Statement of Consultation Practices

Friday, April 3, 2020 - 1:04pm

03 April 2020

Key Points: 
  • 03 April 2020

    Board of Supervisors

    Corporate Information

    The European Securities and Markets Authority (ESMA) has updated its Public Statement of Consultation Practices to take account of the amendments which the ESAs review has made to the ESMA Regulation.

  • The aim of consultation is to build consensus where possible between all interested and affected parties on what legislation or regulatory action is appropriate and to improve ESMAs decision-making process.
  • The statement summarises ESMAs consultation practices, most of which have already been in place since before the amendment of the ESMA Regulation.
  • These changes are now in place.

ESMA publishes 24th extract from its EECS database

Friday, April 3, 2020 - 12:02am

02 April 2020

Key Points: 
  • 02 April 2020

    IFRS Supervisory Convergence

    The European Securities and Markets Authority (ESMA), the EU securities markets regulator, today publishes the 24th extract from its database of enforcement decisions on financial statements.

  • The extract includes eight decisions taken by European enforcers in the period between May 2018 and October 2019.
  • Providing this information contributes to a consistent application of IFRS across the European Economic Area (EEA).
  • ESMA will continue to publish extracts from the EECS database on a regular basis.

Aviva Canada unveils extensive support package for Canadians during COVID-19

Thursday, April 2, 2020 - 3:15pm

Aviva Canada today pledged to support Canadians with an extensive pandemic relief package ranging from cash donations and flexible payment options for vulnerable customers, to free roadside assistance for healthcare workers.

Key Points: 
  • Aviva Canada today pledged to support Canadians with an extensive pandemic relief package ranging from cash donations and flexible payment options for vulnerable customers, to free roadside assistance for healthcare workers.
  • "We can all agree that we find ourselves in extraordinary times, but when it comes to supporting communities across Canada, Aviva Canada has a long history of being there on the ground.
  • To help those impacted by COVID-19, Aviva Canada is offering customers flexibility with their premium payment during this time.
  • A subsidiary of UK-based Aviva plc, Aviva Canada has more than 4,000 employees focused on creating a bright and sustainable future for their customers and our communities.

ESMA publishes 2019 report on enforcement of corporate disclosure

Thursday, April 2, 2020 - 1:02pm

02 April 2020

Key Points: 
  • 02 April 2020

    Corporate Disclosure

    The European Securities and Markets Authority (ESMA), the EU securities markets regulator, today publishes its Annual Report on enforcement and regulatory activities related to corporate reporting within the European Economic Area (EEA).The Report presents the 2019 activities of ESMA and of European accounting enforcers when examining compliance of financial and non-financial statements provided by European issuers.

  • This led to enforcement actions against 299 issuers in order to address material departures from IFRS, representing an action rate of 33%.
  • In 2019, ESMA and European enforcers focused on the new accounting standards to ensure a convergent application and this effort will continue in 2020.
  • Together with national enforcers, ESMA will continue its focus on this area to ensure that investors are provided with high-quality ESG information.

Ethan Allen Provides Details on its Action Plan in Response to COVID-19

Wednesday, April 1, 2020 - 11:55pm

Danbury, CT, April 01, 2020 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (Ethan Allen or the Company) (NYSE: ETH) today announced its action plan in response to the COVID-19 health crisis.

Key Points: 
  • Danbury, CT, April 01, 2020 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (Ethan Allen or the Company) (NYSE: ETH) today announced its action plan in response to the COVID-19 health crisis.
  • Farooq Kathwari, Ethan Allens Chairman, President and CEO commented, As you know, we are going through unprecedented times.
  • Ethan Allen has taken the following actions with its workforce:
    The furlough of approximately 70% of its global workforce.
  • Ethan Allen Interiors Inc. (NYSE: ETH) is a leading interior design company and manufacturer and retailer of quality home furnishings.

Marcus & Millichap Acquires Dallas-Based Metropolitan Capital Advisors

Wednesday, April 1, 2020 - 2:20pm

Hessam Nadji, president and CEO of Marcus & Millichap stated, MCA makes an excellent addition to Marcus & Millichap Capital Corporation (MMCC) from a service and coverage standpoint and in the execution of our financing strategic growth plan.

Key Points: 
  • Hessam Nadji, president and CEO of Marcus & Millichap stated, MCA makes an excellent addition to Marcus & Millichap Capital Corporation (MMCC) from a service and coverage standpoint and in the execution of our financing strategic growth plan.
  • Similar to our new Marcus & Millichap colleagues, we pride ourselves on providing expert capital markets advice and execution.
  • In 2019, Metropolitan Capital Advisors completed more than $650 million of debt and equity transactions across mixed-use, multifamily, retail, industrial, office and other property types.
  • Marcus & Millichap Capital Corporation (MMCC) is a subsidiary of Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada.

ESMA consults on standardised information to facilitate cross-border funds distribution

Wednesday, April 1, 2020 - 12:04am

31 March 2020

Key Points: 
  • 31 March 2020

    Fund Management

    The European Securities and Markets Regulator (ESMA) the EUs securities regulator, has today launched a consultation on the standard forms, templates, and procedures that National Competent Authorities (NCAs) should use to publish information on their websites to facilitate cross-border distribution of funds.

  • In particular, the standard information should cover:

    National laws, regulations and administrative provisions governing marketing requirements for AIFs and UCITS and the summaries thereof; and

    Regulatory fees and charges they levy for carrying out their duties in relation to the cross-border activities of fund managers.

  • ESMA will consider the feedback it receives to this consultation by 30 June 2020 with a view to finalising the implementing technical standards for submission to the European Commission by 2 February 2021.

Ralph Lauren Corporation Provides Update on COVID-19 Response Initiatives

Tuesday, March 31, 2020 - 1:01pm

Ralph Lauren Corporation (NYSE: RL), a global leader in the design, marketing and distribution of premium lifestyle products, shares details of its COVID-19 response initiatives to date.

Key Points: 
  • Ralph Lauren Corporation (NYSE: RL), a global leader in the design, marketing and distribution of premium lifestyle products, shares details of its COVID-19 response initiatives to date.
  • As announced on March 26, 2020, in response to COVID-19, the Ralph Lauren Corporate Foundation, formerly known as the Polo Ralph Lauren Foundation, is committing $10 million to help our teams, our partners and our communities impacted by the novel coronavirus pandemic.
  • In addition, the Ralph Lauren Corporation is starting the production of 250,000 masks and 25,000 isolation gowns for donation with our U.S. manufacturing partners.
  • The Companys brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps and Club Monaco, among others, constitute one of the worlds most widely recognized families of consumer brands.