Joanne Crevoiserat: Thanks, Todd. That is true. And I’ll hit on the regulatory questions and the Michael Kors question briefly because I know we’re running over time. But just in short, we’re confident in our ability to complete this transaction. This is a transaction. It is highly complementary. It expands our portfolio reach and diversification. And to your point, Oliver, we fielded a lot of research coming into this transaction. We know that the portfolio at Capri includes — and including Michael Kors, they’re strong brands and they’re well positioned in attractive markets and market segments. We’re excited about the opportunity that we see working together putting these brands on our platform. They’re distinctive and have unique positioning in the market, which is why they are so attractive to us.
And that does include the Kors brand, putting that – all of the brands on our platform allows us to take these iconic brands with heritage put them on our consumer engagement platform to drive more innovation, more connectivity and really more relevance for the consumer which will benefit all of our stakeholders around the world. So we’re excited about the opportunities ahead.
Operator: Thank you. That concludes our Q&A. I will now turn it over to Joanne for some concluding remarks.
Joanne Crevoiserat: Well, thank you for joining us today and for your interest in our story and thank you to our exceptional teams around the world. We’re pleased to report record earnings per share in fiscal ’23 and to share our expectations for the continued top and bottom line growth we see for fiscal ’24. We’re in a position of strength and we’re laser-focused on our current business where we have significant runway. Building on this foundation last week, we were excited to announce the planned acquisition of Capri Holdings. We have strong conviction that this combination positions us for an even brighter future, accelerating our strategic agenda and driving enhanced cash flow and financial returns. We see a compelling opportunity to deliver superior value for all stakeholders and I look forward to engaging with you in the days ahead. Thanks, and have a great day.
Operator: This concludes Tapestry’s earnings conference call. We thank you for your participation.