“I’m feeling great,” said an exuberant, and newly flush Michael Kors, after ringing the opening bell of the New York Stock Exchange Thursday morning.
Flanked by partners Silas Chou and Lawrence Stroll, chief executive officer John Idol and chief financial officer and chief operating officer Joseph Parsons, Kors stood beaming on the podium, looking at the crowd below. The Michael Kors Holdings Ltd. partners hugged, high-fived each other, and then called up other members of the staff, as well as Kors’ mother, Joan, to the podium to wave to the crowd. After a few minutes, the stock, listed under KORS, shot up to $25, and the day’s trading began. The stock, which traded between $23.51 and $25.23 throughout the day, closed Thursday at $24.20, up from its IPO price of $20. Some 42.3 million shares were traded. Given the more than 190 million shares outstanding, the closing price left Kors with a market capitalization of $3.82 billion.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)