Kate Spade

Kate Spade New York operates as one of two principal banners within Tapestry Inc., the specialty accessories and lifestyle group listed on the New York Stock Exchange under TPR alongside the flagship Coach banner. Tapestry completed the sale of Stuart Weitzman to Caleres Inc. on August 4, 2025, reducing the group from a three-banner to a two-banner portfolio and allowing Tapestry to concentrate capital and operational resources across Coach and Kate Spade.

Kate Spade and her husband Andy Spade co-founded the brand in 1993 in New York City with a focus on accessible-luxury women’s handbags featuring a defined feminine aesthetic. Liz Claiborne Inc. acquired Kate Spade in stages between 1999 and 2006, with the parent eventually rebranding as Kate Spade & Company in 2014 before Coach Inc. completed the $2.4 billion acquisition in 2017 and subsequently rebranded the parent group as Tapestry. Creative Director Eva Erdmann, appointed in 2024, leads the brand’s repositioning under Tapestry’s strategic framework. Tapestry Inc. reported total revenue of approximately $6.7 billion in fiscal year 2024 (ended June 29, 2024), with Kate Spade contributing approximately $1.3 billion. The product range covers women’s handbags, small leather goods, ready-to-wear apparel, jewelry, footwear, and licensed categories including watches, eyewear, and fragrance under partnership with Inter Parfums. The 2023-2024 proposed acquisition of Capri Holdings (which would have brought Versace, Jimmy Choo, and Michael Kors into the combined group) was blocked by the FTC and formally abandoned in late 2024.

Kate Spade operates approximately 320 directly operated stores globally, supplemented by extensive wholesale placement in department stores, outlet centers, and international franchise partners. The strongest markets include the United States, Japan, China, the United Kingdom, Australia, and select Southeast Asian markets. The typical Kate Spade store occupies 1,500 to 3,500 square feet, with formats emphasizing the brand’s feminine and playful visual identity, integrated accessories and handbag merchandising, and ready-to-wear adjacencies. For mall operators, Kate Spade is a Class A specialty contemporary accessible-luxury tenant for regional and super-regional centers, typically positioned alongside Coach, Michael Kors, Tory Burch, and broader contemporary accessible-luxury accessories retail. Outlet center positioning represents a meaningful share of the directly operated footprint.