G-III Apparel Group Set to Join the S&P SmallCap 600

PR Newswire

NEW YORK, Dec. 23, 2013 /PRNewswire/ -- G-III Apparel Group Ltd. (GIII) will replace Santarus Inc. (SNTS) in the S&P SmallCap 600 after the close of trading on Tuesday, December 31. S&P MidCap 400 constituent Salix Pharmaceuticals Ltd. (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
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dave.guarino@spdji.com
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Managing Director and Chairman of the Index Committee
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