Updated: Michael Kors is Going Public
After conquering the fashion, accessories and, of course, reality TV markets, Michael Kors Holdings is setting its sights on the next frontier: The stock market.
The company is plotting an IPO, and intends to trade under the name of KORS on the New York Stock, WWD is reporting. The company hopes to sell 48 million shares, including over-allotments, between $17 to $19 a piece–which means you will soon be able to own a small part of the company for less than $20. It also means that the company will be valued at somewhere near $3.62 billion. Not too shabby.















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