On Monday, Shares of Vipshop Holdings Ltd – ADR (NYSE:VIPS), gain 3.33% to $16.14.
Vipshop Holdings Limited (VIPS), declared that it will hold its 2015 annual general meeting of shareholders at No. 20 Huahai Street, Liwan District, Guangzhou 510370, People’s Republic of China on December 29, 2015 at 10:00 a.m., local time.
No proposal will be presented for shareholder approval at the annual general meeting. Instead, the annual general meeting will serve as an open forum for shareholders and beneficial owners of the Company’s American Depositary Shares (“ADSs”) to discuss Company affairs with administration.
The Board of Directors of the Company has fixed the close of business on December 1, 2015 as the record date (the “Record Date”) for determining the shareholders entitled to receive notice of the annual general meeting or any adjournment or postponement thereof.
Vipshop Holdings Limited, through its auxiliaries, operates as an online discount retailer for various brands in the People’s Republic of China. It offers a range of branded products, counting women’s apparel, such as casual wear, jeans, dresses, outerwear, swimsuits, lingerie, pajamas, and maternity clothes; men’s apparel comprising casual and smart-casual T-shirts, polo shirts, jackets, pants, and underwear; women and men shoes for casual and formal occasions; and accessories compressing of belts, jewelry, watches, and glasses for women and men.
Finally, Shares of Walt Disney Co (NYSE:DIS), ended its last trade with -0.33% loss, and closed at $113.66.
As Walt Disney Co. planned its campaign for “Star Wars: The Force Awakens,” Chief Executive Robert Iger had a question for his marketing team: How much do we really need to do?, according to WSJ
The first “Star Wars” movie in a decade and the first in 32 years to feature classic characters such as Princess Leia and Chewbacca is so highly anticipated by the franchise’s huge fan base that advertising is arguably unnecessary. A poster and an opening date might be all that are needed to make the Dec. 17 release the No. 1 movie of the year.
Mr. Iger, who has been vocal about his desire to rein in marketing costs, didn’t propose anything quite so radical. But last year he did ask Disney’s marketers whether the company needed to spend the more-than-$100 million that is typical of global advertising campaigns for major Hollywood movies, according to people with knowledge of the “Star Wars” marketing plans. Through a spokesman, Mr. Iger declined to comment.
Some people on Walt Disney Studios’ marketing team were reluctant to take any risks with “The Force Awakens,” the linchpin of the company’s plan to profit from its $4 billion purchase of Lucasfilm LLC in 2013, one of the people said.
Through midday Monday, Walt Disney Studios had spent $17 million on television ads for “The Force Awakens,” according to iSpot.tv, a TV advertising research firm, though that number is expected to rise significantly in the days before the film’s release. For some of the year’s most aggressively advertised films, including “Mad Max: Fury Road,” “Mission: Impossible—Rogue Nation” and “Ant-Man,” studios spent about $30 million on television time for each, according to iSpot. WSJ Report
The Walt Disney Company, together with its auxiliaries, operates as an entertainment company worldwide. The company operates broadcast and cable television networks, domestic television stations, and radio networks and stations; and is involved in the television production and television distribution operations.