CPRI

Tapestry, Inc. Responds to the FTC’s Lawsuit

Retrieved on: 
Monday, April 22, 2024
Retail, Specialty, Fashion, CPRI, Capri, FTC, Acquisition, Calendar, Kate Spade

Tapestry and Capri operate in an intensely competitive and highly fragmented industry alongside hundreds of rival brands, including both established players and new entrants.

Key Points: 
  • Tapestry and Capri operate in an intensely competitive and highly fragmented industry alongside hundreds of rival brands, including both established players and new entrants.
  • We also compete for consumers who are cross-shopping a wide range of channels and brands along a vast pricing spectrum when considering what to purchase.
  • In bringing this case, the FTC has chosen to ignore the reality of today’s dynamic and expanding $200 billion global luxury industry.
  • Tapestry has a strong record of not only innovating for consumers but also providing industry-leading wages and benefits for our employees.

Capri Holdings Limited Issues Statement on FTC Action Seeking to Block Proposed Transaction with Tapestry, Inc.

Retrieved on: 
Monday, April 22, 2024
Jewelry, Fashion, Luxury, Retail, Footwear, Multimedia, CPRI, FTC, Acquisition, Tapestry

Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today issued the following statement in response to the U.S. Federal Trade Commission’s (FTC) unprecedented challenge to the proposed acquisition of Capri by Tapestry, Inc. (NYSE: TPR):

Key Points: 
  • Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today issued the following statement in response to the U.S. Federal Trade Commission’s (FTC) unprecedented challenge to the proposed acquisition of Capri by Tapestry, Inc. (NYSE: TPR):
    This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20240422772581/en/
    “Capri Holdings strongly disagrees with the FTC’s decision.
  • The market realities, which the government’s challenge ignores, overwhelmingly demonstrate that this transaction will not limit, reduce, or constrain competition.
  • The U.S. FTC is the only regulator that did not approve this transaction, which received required approvals from all other jurisdictions.

Raychem RPG achieves significant milestone to facilitate faster execution in electricity distribution projects with its 'Make India' initiative

Retrieved on: 
Tuesday, March 19, 2024
TE Connectivity, RPG, Raychem, Certification, CPRI, JV, Central Power Research Institute, KV, Head, Engineering, Vasai, RPG Group, PQ, Operation, Direct lending, Renewable energy

NEW DELHI, Mar 19, 2024 - (ACN Newswire) - Raychem RPG, established in 1989, is a 50:50 joint venture between TE Connectivity, U.S.A., and RPG Enterprises, India.

Key Points: 
  • NEW DELHI, Mar 19, 2024 - (ACN Newswire) - Raychem RPG, established in 1989, is a 50:50 joint venture between TE Connectivity, U.S.A., and RPG Enterprises, India.
  • Raychem RPG is the imprint of a successful Indo-US bilateral relationship that has lasted for nearly four decades, the longest of its kind.
  • This marks a significant milestone and achievement, catapulting Raychem RPG to unprecedented heights within the EHVCA product portfolio.
  • Raychem RPG is the only organisation among its peers to have received the PQ test report following a rigorous process that took over a year to complete.

DZS Further Transforms Economics of Optical Edge with Launch of Saber 2200 Coherent xHaul Ethernet Switch

Retrieved on: 
Monday, March 18, 2024
PTP, DWDM, Optics, CPRI, Sabre, Synchronous Ethernet, Conference, Environment, XR, ROE, Key, Economics, ROADM

DALLAS, March 18, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today introduced its next expansion of the category-defining Saber portfolio – the DZS Saber 2200 transport switch.

Key Points: 
  • DALLAS, March 18, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today introduced its next expansion of the category-defining Saber portfolio – the DZS Saber 2200 transport switch.
  • This hardened, high capacity, low latency, Layer 2 solution transforms the economics of deploying the flexible 100G transport circuits necessary for advanced mobile front/midhaul and edge transport.
  • By combining the Saber 2200 with Saber 4400 hardened ROADM, service providers can flexibly scale and transport L2/L3 services over DWDM networks in any environment.
  • DZS Saber 2200 Key Differentiators:
    See the Saber 2200 on display at the Optical Fiber Communication Conference and Exhibition (OFC) taking place in San Diego March 25-28 in DZS booth #1348.

HFR Networks Announces Integration with Fujitsu Radio Units

Retrieved on: 
Tuesday, February 13, 2024
TSN, Fujitsu, Mobile, OSS, HFR, DWDM, RAN, Radio, CPRI, Ethernet, Collaboration, Economics, Radio access network, EMS, Rail transport

RICHARDSON, Texas, Feb. 13, 2024 /PRNewswire/ -- HFR Networks Inc., leading the industry with intelligent xHaul RAN Transport and Edge Access solutions today announced interoperability between HFR Networks' best-in-breed xHaul solutions and Fujitsu's Open RAN (O-RAN) radio units. Leveraging the power of open standards, HFR Networks' integration with Fujitsu's O-RAN radios delivers operators flexibility, high performance, faster time to market, along with impressive cost savings.

Key Points: 
  • Best of Breed xHaul and Radios Integrated, Tested, and Supported for Immediate Deployment
    RICHARDSON, Texas, Feb. 13, 2024 /PRNewswire/ -- HFR Networks Inc. , leading the industry with intelligent xHaul RAN Transport and Edge Access solutions today announced interoperability between HFR Networks' best-in-breed xHaul solutions and Fujitsu's Open RAN (O-RAN) radio units.
  • Leveraging the power of open standards, HFR Networks' integration with Fujitsu's O-RAN radios delivers operators flexibility, high performance, faster time to market, along with impressive cost savings.
  • With simultaneous support of 4G/LTE, 5G, and Ethernet services, HFR Networks' xHaul solutions thrive in traditional, cloud-based and virtualized mobile architectures.
  • At the Mobile World Congress 2024 event in Barcelona, Spain on Feb. 26 - 29, Fujitsu will demonstrate 50km Fronthaul powered by Fujitsu's O-RAN radios and HFR Networks' Packet M6424 Time Sensitive Networking (TSN) Switch.

Capri Holdings Limited Announces Third Quarter Fiscal 2024 Results

Retrieved on: 
Thursday, February 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.

Capri Holdings Limited Announces Reporting Date For Third Quarter Fiscal 2024 Financial Results

Retrieved on: 
Thursday, January 25, 2024
Retail, Footwear, Department Stores, Fashion, CPRI, Acquisition, Tapestry

Capri Holdings Limited (NYSE: CPRI) today announced that it plans to report its third quarter fiscal 2024 financial results on Thursday, February 8, 2024, after the market closes via press release.

Key Points: 
  • Capri Holdings Limited (NYSE: CPRI) today announced that it plans to report its third quarter fiscal 2024 financial results on Thursday, February 8, 2024, after the market closes via press release.
  • Given the pending acquisition of Capri Holdings Limited by Tapestry, Inc., the Company does not intend to hold conference calls to review its financial results going forward.

Capri Holdings Limited Announces Second Quarter Fiscal 2024 Results

Retrieved on: 
Thursday, November 9, 2023
Retail, Luxury, Jewelry, Fashion, CPRI, NYSE, DNA, Capri Holdings, Bank statement, Investment, Versace, Multimedia, Calendar, Tapestry, Inc., Marketing, Tapestry, GAAP, Deleveraging, Total, ERP, Growth, Fiscal, Name, Video game, Security (finance), Music, Pharmaceutical industry, Capri, E-commerce

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.

Capri Holdings Limited Announces Reporting Date For Second Quarter Fiscal 2024 Financial Results

Retrieved on: 
Thursday, October 26, 2023
Online Retail, Fashion, Luxury, Retail, Department Stores, CPRI, Tapestry, Acquisition, NYSE, Tapestry, Inc., Financial services

Capri Holdings Limited (NYSE: CPRI) today announced that it plans to report its second quarter fiscal 2024 financial results on Thursday, November 9, 2023, after the market closes via press release.

Key Points: 
  • Capri Holdings Limited (NYSE: CPRI) today announced that it plans to report its second quarter fiscal 2024 financial results on Thursday, November 9, 2023, after the market closes via press release.
  • Given the pending acquisition of Capri Holdings Limited by Tapestry, Inc., the Company does not intend to hold conference calls to review its financial results going forward.

Bill Gross Releases New Investment Outlook, 'Neither a Lender Nor a Stockholder Be'

Retrieved on: 
Wednesday, October 4, 2023
Well, CPRI, Treasury, Fed, ATVI, Capri, Federal Reserve, Activision, Federal, Security (finance)

LAGUNA BEACH, Calif., Oct. 4, 2023 /PRNewswire/ -- Legendary bond and fixed income investor William H. (Bill) Gross today released a new Investment Outlook, " Neither a Lender Nor a Stockholder Be ."

Key Points: 
  • LAGUNA BEACH, Calif., Oct. 4, 2023 /PRNewswire/ -- Legendary bond and fixed income investor William H. (Bill) Gross today released a new Investment Outlook, " Neither a Lender Nor a Stockholder Be ."
  • Gross writes that he's skeptical about a return to a bull market anytime soon: "Once the Fed stops and then lowers short-term rates, we've got a bull market optimists claim.
  • Gross concludes by noting, "In any case, keep your eye on real (and nominal) 10 year Treasury rates.
  • Full text of Bill Gross's October 4, 2023, Investment Outlook can be found at his website .