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Having Michael Kors in Your Core Holdings Is a No-Brainer
Joseph Gacinga, The Motley Fool - Motley Fool - Wed Mar 12, 1:00PM CDT
Michael Kors delivered a stellar quarter and hit $1 billion in quarterly sales for the first time. The luxury goods maker sold $1.01 billion worth of handbags, high-end clothing, and accessories during the last quarter. The flamboyant retailer not...
The Jones Group reports 'Change of Control' and offer to purchase senior notes due 2019
M2 - Fri Mar 07, 6:52AM CST
The Jones Group Inc (NYSE: JNY) announced on Thursday that it has notified the holders of its 6.875% senior notes due 2019 that a 'Change of Control Triggering Event', as defined in the indenture governing the notes, will occur upon the consummation of the proposed and previously announced acquisition of the company by Sycamore Partners.
The Jones Group Announces Notice Of Change Of Control And Offer To Purchase Its 6.875% Senior Notes Due 2019
PR Newswire - Thu Mar 06, 4:47PM CST
The Jones Group Inc. (NYSE: JNY) ("The Jones Group" or the "Company") today announced that it has notified holders (the "Notice") of its 6.875% senior notes due 2019 (the "Notes") that a "Change of Control Triggering Event," as defined in the indenture governing the Notes, will occur upon the consummation of the proposed and previously announced acquisition (the "Acquisition") of the Company by Sycamore Partners. Pursuant to the terms of the Notes, in connection with the Acquisition, holders of the Notes will have the right to require the Company to purchase all or a portion of such holders' Notes at a price of 101% of the principal amount thereof, plus any accrued and unpaid interest up to, but not including, the date of purchase (the "Purchase Price"). The Company has today commenced the offer to purchase (the "Offer") the Notes for the Purchase Price in contemplation of, and conditioned on, the consummation of the Acquisition.
The Jones Group To Commence Mailing Of Definitive Proxy Statement In Connection With Proposed Merger
PR Newswire - Thu Mar 06, 4:45PM CST
The Jones Group Inc. (NYSE: JNY) ("The Jones Group" or the "Company") has filed with the Securities and Exchange Commission definitive proxy materials in connection with the proposed transaction with Sycamore Partners. The Company expects to commence mailing of the definitive proxy materials to The Jones Group shareholders this week. As previously announced on December 19, 2013, The Jones Group entered into a merger agreement with Sycamore Partners, pursuant to which, subject to the satisfaction of various conditions set forth therein, affiliates of Sycamore Partners will acquire The Jones Group for $15.00 per share in cash.
InStyle & Nine West Announce Launch Of InStyle for Nine West Accessories Collection For 2014
PR Newswire - Thu Mar 06, 8:00AM CST
Nine West, a division of The Jones Group (NYSE: JNY) ("Jones") and a leader in the footwear and accessory industry, is thrilled to announce the continuation of their partnership with InStyle, the brand's most successful to date, for 2014. Following the success of the InStyle for Nine West capsule collection in Fall 2013, which resulted in a remarkable 90% sell-through of the debut styles, InStyle and Nine West have expanded the limited-edition collaboration into a full-fledged accessories collection, with new styles for both Spring and Fall 2014.
Aseptia Announces Closing of $28 Million Series C Financing
PR Newswire - Tue Mar 04, 8:43AM CST
Aseptia, a Raleigh, NC-based food processing technology company, announces the closing of a $28 million Series C Preferred Stock financing. Wright Foods is the wholly owned manufacturing subsidiary of Aseptia, Inc. Aseptia/Wright Foods utilizes state-of-the-art technology developed at North Carolina State University. This financing is to support the growth of Wright Foods' operation in Troy, NC. Investors in the Series C financing include Lookout Capital, SJF Ventures, Prudential, and the F.B. Heron Foundation.
The Jones Group convenes Special Meeting of shareholders to vote on proposed merger with Sycamore Partners
M2 - Tue Mar 04, 5:25AM CST
The Jones Group Inc (NYSE: JNY) announced on Monday that it has scheduled a special meeting of its shareholders on 7 April 2014 at 14:00 hours, Eastern Time. The meeting will be held at the offices of Cravath, Swaine & Moore LLP at 825 Eighth Avenue, 38th Floor, New York.
The Jones Group Sets Special Meeting Of Shareholders To Vote On Proposed Merger For April 7, 2014
PR Newswire - Mon Mar 03, 7:30AM CST
The Jones Group Inc. (NYSE: JNY) ("The Jones Group" or the "Company") today announced that it has scheduled a special meeting of The Jones Group shareholders for April 7, 2014 at 2:00 p.m. Eastern Time, at the offices of Cravath, Swaine & Moore LLP at 825 Eighth Avenue, 38th Floor, New York, New York to consider and vote upon the previously announced agreement entered into with Sycamore Partners on December 19, 2013, pursuant to which, subject to the satisfaction of various conditions set forth therein, affiliates of Sycamore Partners will acquire The Jones Group for $15.00 per share in cash. The Jones Group shareholders of record as of the close of business on March 5, 2014 will be entitled to receive notice of, and vote at, the special meeting.
Hedge Funds Are Buying 8 Retail Stocks As Consumer Sentiment Holds Steady
at The Street - Fri Feb 21, 8:00AM CST
James Dennin, Kapitall: Consumer confidence held steady despite the weather, and institutional investors are snapping up retail stocks. Consumer confidence has held [...]
A.R.E. Design Awards Set for March 18th in Las Vegas
PRWeb - Fri Feb 21, 7:03AM CST
March 18, 2014 will be a night for stars in the retail design world to shine as A.R.E. (Association for Retail Environments) unveils its 2014 Design Awards at the Four Seasons Hotel in Las Vegas. The awards program coincides with the opening night of GlobalShop, the world's largest annual store design and at-retail marketing show.
Insider Trading Alert - JNY, LMT And CATM Traded By Insiders
at The Street - Wed Feb 19, 1:00PM CST
Stocks with insider trader activity include JNY, LMT and CATM
Insider Trading Alert - JNY, RJF And TRMB Traded By Insiders
at The Street - Tue Feb 18, 11:01AM CST
Stocks with insider trader activity include JNY, RJF and TRMB
Stuart Weitzman Launches Customization Program With Its Popular NUDIST Sandal
PR Newswire - Wed Feb 12, 8:00AM CST
Sexy, strappy, sleek, minimal - the NUDIST sandal is as close to bare as a fashionable foot can get. Coveted by Hollywood's chicest starlets, this new Stuart Weitzman collection silhouette has garnered a cult-like following so quickly and dramatically that the designer has created an interactive customization tool that will launch on Wednesday, February 12th, exclusively on www.stuartweitzman.com.
Newpark Resources Announces Definitive Agreement to Sell Environmental Services Business
PR Newswire - Tue Feb 11, 6:00AM CST
Newpark Resources, Inc. (NYSE: NR) today announced that it has entered into a definitive agreement to sell its Environmental Services business to ECOSERV, LLC, a portfolio company of Denver-based private equity group Lariat Partners, LP. Under the terms of the agreement, Newpark will receive $100 million in cash, subject to adjustment based on actual working capital conveyed at closing. While containing representations, warranties and indemnities which are customary for transactions of this nature, this agreement significantly limits Newpark's post-closing environmental obligations, including those related to the waste transfer and disposal facilities.
The Jones Group Inc. Reports 2013 Fourth Quarter And Full Year Financial Results
PR Newswire - Mon Feb 10, 7:00AM CST
The Jones Group Inc. (NYSE: JNY; the "Company") today reported results for the fourth quarter and year ended December 31, 2013. Revenues for the fourth quarter of 2013 were $889 million, as compared with $972 million for the fourth quarter of 2012. Revenues for the full year 2013 were $3,765 million, as compared with $3,798 million for the full year 2012.
Can G-III Apparel Drive More Momentum With a Retail Land Grab?
Robert Hanley, The Motley Fool - Motley Fool - Sat Feb 01, 6:30AM CST
G-III Apparel Group isn't exactly a household name, although its products are probably in the average investor's closet, including Marc New York apparel and Bass shoes. The company has found great success over the years as a wholesale manufacturer...
The Jones Group, Inc. Stockholders Encouraged to Contact Securities Law Firm about Takeover
PR Newswire - Fri Jan 17, 10:31AM CST
Securities lawyers at Deans & Lyons announce an investigation of the board of The Jones Group, Inc. (NYSE: JNY) in connection with a buyout to Sycamore Partners for $15.00 per share. Concerned JNY investors are encouraged to contact attorney Hamilton Lindley at 877-819-8033 or hlindley@deanslyons.com about their rights and remedies.
10-Q: SANOOK ENTERPRISES, INC.
Edgar Online - Tue Jan 14, 4:21PM CST
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
SHAREHOLDER ALERT: LEVI & KORSINSKY, LLP Notifies Investors of THE JONES GROUP INC. of Class Action Against Its Board of Directors In Connection With the Sale of the Company to Sycamore Partners -- JNY
GlobeNewswire - Tue Jan 14, 4:16PM CST
Levi & Korsinsky notifies investors of The Jones Group Inc. ("The Jones Group" or "the Company") (NYSE:JNY) of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the Company in connection with the sale of the Company to Sycamore Partners. A complaint was filed in New York state court.
VeriFone's payment solutions selected by The Jones Group
M2 - Tue Jan 14, 4:18AM CST
VeriFone Systems Inc (NYSEAY), a provider of secure electronic payment solutions, announced on Monday that global fashion company The Jones Group Inc (NYSE:JNY) has selected VeriFone solutions to enable mobile payment acceptance and enhance customer experience for its internationally recognized brands, including Jones New York and Nine West.