Fashion Brand Michael Kors Enters The S & P 500 Constituent Stocks
Since P went public at the end of 2011, Mike Coles (Michael Kors), a fashionable brand named a href= "http://www.91se91.com/pioneer/" and designer /a, has been making investors Crazy: up to now, it has risen by 215%, and its market value is more than 15 billion US dollars.
Now, it will usher in a new historic moment: becoming one of the constituent stocks of S & P 500 on Friday.
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After the closing of the US stock market on Monday, P said in a press release that the New York Stock Exchange will also withdraw from the S & P 500 index following the dust settled by the New York Euronext (NYSE) Intercontinental Exchange (ICE). Instead, it will be replaced by fashion rookie Mike C.
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< p > the rise of Mike Coles is impressive.
Benefiting from the gradual recovery of the economic situation and the continued demand for luxury goods, the company has been performing in the past few quarters.
The company has also eroded many of its competitors' share, such as Coach a href= "http://www.91se91.com/news/index_c.asp" > Coach < /a > and Ba Baoli (Burberry).
Mike Coles will announce its fourth quarter earnings soon after joining the S & P 500 constituent stocks in November 5th.
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< p > < < a href= > http://www.91se91.com/news/index_c.asp > > Mike Coles < /a > the other side of the scene is the loss of the New York Stock Exchange.
As one of the oldest trading centers in Wall Street, the more than 500 year old NYSE has been running poorly in recent years, and its share price has slipped all along, which is the main reason why the NYSE shareholders are willing to sell themselves.
Thanks to the rise in energy futures trading and the growth of CDS, the Intercontinental Exchange ICE, which has just been 13 years old, has been doing well in recent years, so the acquisition has attracted much attention from the very beginning.
The latest news shows that the acquisition will be completed in early November.
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< p > according to the blueprint of the Intercontinental Exchange Group, the merger will form a "major global exchange" covering "agricultural and energy commodities, credit derivatives, securities and securities derivatives, and foreign exchange and interest rate markets".
The Intercontinental Exchange Group looks at the business of London's international financial futures and options exchange, the second largest derivative trading platform in Europe.
On the other hand, the NYSE tried to get rid of the dilemma of traditional exchanges in the face of global competition, financial market reform and the trend of modern electronic pactions.
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< p > related links: < /p >
< p > Michael its brand embodies the American style of leisure.
What does he think of the relationship between Celine and his brand? "They will make a big difference.
I am a typical American style, but Celine is magnificent and more internationalized, such as expensive silk fabrics, such as silk, chiffon and leather.
With the personality of both of us, luxury is romantic.
The new Celine made by me reflects the reality of women's life, which can be childish and mature.
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< p > for the upsurge of American designers craze in Paris Fashion Festival today, Michael Kors's view is: now is the age of internationalization, without borders, people are wearing the same clothes, but only according to different needs of life.
From the past Japanese to Paris, to today's Belgian designers, British and American, it shows that fashion is international.
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< p > nowadays, Michael Kors always goes to the Celine headquarters in New York and Paris without stopping.
His famous saying is: "for advanced clothing brands, it is not evil to be able to make clothes that can be worn on the streets."
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