[1] In 2017, the company was purchased by Tapestry, Inc., formerly known as Coach, Inc.[2][3] Katherine Noel Brosnahan (later known as Kate Spade) was born on December 24, 1962, in Kansas City, Missouri.
[5] It was in New York that Katherine worked as a style editor for Mademoiselle, but left in 1991 (with the title of senior editor/head of accessories) to start her own handbag line.
Kate Spade New York started after a suggestion from Andy when Katherine was unsure about her next career move after working six years at Mademoiselle.
Kate Spade rose in eight months after a journalist at Cleveland Research Co. recommended buying the shares because of the brand’s growth potential.
[9] In 2006 when Neiman Marcus Group acquired the remaining 44% stake in Kate Spade for $59.4 M, revenue was reportedly near $99 million.
The company initially sold handbags, but eventually extended to include stationery, personal organizers, address books, shoes, beauty products, perfume, raincoats, pajamas, eyewear, and clothing.
Kate and Andy went from taking “the nothing black bag” to a creative personalized purse, to later creating merchandise from the simple tote to home decor and bedding.
In November 2006, apparel giant Liz Claiborne Inc. bought Kate Spade for $124 million from Neiman Marcus Group.
[14] The outlets offer Kate Spade New York handbags, clothing, jewelry, and accessories at a discounted price.
Kate Spade New York Products are also sold in major department stores including Nordstrom, Macy's, and Dillard's.
Kate Spade New York handbags, clothing, jewelry, accessories, and home products can be found in these major department stores.
As of January 2017, Kate Spade New York also debuted an exclusive collection with Williams Sonoma, including dinnerware, glassware, and flatware.
Jack Spade's product range included a full suite of furnishings for men best known for its bags, but also producing small leather goods (such as wallets, passport holders, coin purses, and phone cases), apparel (including all types of menswear), watches, and technology items.
[citation needed] The retail stores in the US, UK, and Japan were designed by Steven Sclaroff,[21] evoking "modern masculinity".
The Wayne duffel came in a variety of materials, mostly leather, nylon, and canvas; and included a roomy interior, four metal feet, and a detachable shoulder strap.