Financial Results, New Appointments, License Agreements, Purchase Offers and Prepayment Plans - Research Report on lululemon athletica, Ralph Lauren, PVH, Fifth & Pacific Companies and Hanesbrands PR Newswire NEW YORK, November 18, 2013 NEW YORK, November 18, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. Today, Analysts' Corner announced new research reports highlighting lululemon athletica inc. (NASDAQ: LULU), Ralph Lauren Corporation (NYSE: RL), PVH Corp. (NYSE: PVH), Fifth & Pacific Companies, Inc. (NYSE: FNP) and Hanesbrands Inc. (NYSE: HBI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. lululemon athletica inc. Research Report On October 30, 2013, lululemon athletica Inc. (lululemon) announced that Tara Poseley has been appointed to its Senior Leadership Team as Chief Product Officer. Lululemon informed that in this new role, Poseley will oversee the Company's global merchandising and design strategy, working together with its talented and proven design team including Deanne Schweitzer, Senior Vice President and head of women's design, and Felix Del Toro, Senior Vice President and head of men's design. According to the Company, Ms. Poseley's responsibilities include merchandising, inventory, allocation and strategic planning, and will report to the CEO of lululemon, Christine Day. The Full Research Report on lululemon athletica inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://www.analystscorner.com/r/full_research_report/c130_LULU -- Ralph Lauren Corporation Research Report On November 6, 2013, Ralph Lauren Corporation (Ralph Lauren) reported its financial results for Q2 FY 2014 (period ended September 28, 2013). Net revenue increased 2.8% YoY to $1.9 billion during the quarter. Net income was $205.0 million or $2.23 per diluted share in Q2 FY 2014, compared to net income of $214.0 million or 2.29 per diluted share in Q2 FY 2013. Commenting on the results, Company Chairman and CEO Ralph Lauren said, "Our results for the first half of Fiscal 2014 position us well for the year. We have extraordinary leadership and a passionate team that is executing with excellence. I am excited about the growing momentum in our business worldwide and confident in the relevance of our strategies to deliver meaningful shareholder value creation over the long term. The Board's decision to raise the quarterly dividend demonstrates its conviction in the Company's growth initiatives and a commitment to returning cash to shareholders." The Full Research Report on Ralph Lauren Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://www.analystscorner.com/r/full_research_report/279f_RL -- PVH Corp. Research Report On November 6, 2013, PVH Corp. (PVH) announced that it has entered into license agreements with BH Fashion Retailers Inc. (BH Fashion Retailers) under which BH Fashion Retailers will market and distribute certain apparel and accessories for the IZOD and Van Heusen brands in the Philippines. The Company reported that the initial term of the license agreement runs through December 2018. Further, PVH informed that under the license agreement for its IZOD brand, BH Fashion Retailers will market and distribute sportswear, golf wear, dress shirts, neckwear, outerwear, swimwear and certain accessories; while under the license agreement for Van Heusen, BH Fashion Retailers will market and distribute sportswear, outerwear, dress furnishings and accessories. In addition, BH Fashion Retailers is planning to open free standing IZOD and Van Heusen stores, as well as developing shop-in-shops at better department stores throughout the Philippines. The Full Research Report on PVH Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://www.analystscorner.com/r/full_research_report/fbc7_PVH -- Fifth & Pacific Companies, Inc. Research Report On November 8, 2013, Fifth & Pacific Companies, Inc. (Fifth & Pacific) announced the commencement of an offer to purchase (the Offer) up to $125.0 million aggregate principal amount (the Offer Amount) of 10.50% Senior Secured Notes due 2019 (the Notes) issued by the Company, in accordance with the terms of the indenture governing the Notes, dated as of April 7, 2011 (the Indenture), at a purchase price of 100% of the principal amount thereof, plus accrued and unpaid interest to the date of payment. The Offer expires at 5:00 p.m., New York City time, on December 11, 2013, unless extended (the Expiration Time). The Company stated that if the aggregate principal amount of Notes validly tendered (and not validly withdrawn) in the Offer exceeds the Offer Amount, the Trustee will select the Notes to be accepted for purchase on a pro rata basis (with such adjustments as may be needed so that only Notes in minimum amounts of $2,000 and integral multiples of $1,000 will be so purchased). The Full Research Report on Fifth & Pacific Companies, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://www.analystscorner.com/r/full_research_report/9837_FNP -- HanesBrands Inc. Research Report On November 7, 2013, HanesBrands Inc. (HanesBrands) announced that it will use its strong cash position in December 2013 to complete its previously communicated goal to prepay all remaining 8% Senior Notes Due 2016 and reduce bond debt to $1 billion. The Company said that it will prepay the remaining $250 million of 8% Senior Notes on December 16, 2013, completing its successful multiyear campaign to use cash flow to retire the Company's bond debt except for its $1 billion of 6.375% notes. HanesBrands expects to incur costs of approximately $15 million in Q4 2013 for bond prepayment expenses and acceleration of noncash unamortized debt costs. The Company also mentioned that the expectation for these costs has been previously communicated and is incorporated in its 2013 financial guidance. The Full Research Report on HanesBrands Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://www.analystscorner.com/r/full_research_report/8a3c_HBI ---- EDITOR NOTES: 1.This is not company news. 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Financial Results, New Appointments, License Agreements, Purchase Offers and Prepayment Plans - Research Report on lululemon
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