G-III Apparel Group Set to Join the S&P SmallCap 600
PR Newswire
NEW YORK

NEW YORK, Dec. 23, 2013 /PRNewswire/ -- G-III Apparel Group Ltd. (NASD:GIII) will replace Santarus Inc. (NASD:SNTS) in the S&P SmallCap 600 after the close of trading on Tuesday, December 31. S&P MidCap 400 constituent Salix Pharmaceuticals Ltd. (NASD:SLXP) is acquiring Santarus in a deal expected to be completed soon pending final approvals.

G-III Apparel Group Ltd. designs, manufactures, and markets women's and men's apparel. Headquartered in New York, NY, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Apparel Accessories & Luxury Goods Sub-Industry index.

Following is a summary of the change:

S&P SMALLCAP 600 INDEX – December 31, 2013

 

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

G-III Apparel Group

Consumer Discretionary

Apparel Accessories & Luxury Goods

DELETED

Santarus

Health Care

Pharmaceuticals

Additions to and deletions from S&P  Dow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.

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Dave Guarino
Communications
S&P Dow Jones Indices
dave.guarino@spdji.com
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David Blitzer
Managing Director and Chairman of the Index Committee
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david.blitzer@spdji.com
(212) 438-3907

 

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