Kate Spade Is A Brand Ready To Boom Around The World
Twenty years ago Kate Spade launched her company, Kate Spade New York, with a collection of nylon bags. The design of that boxy nylon handbag was the beginning of a successful company. Kate, her husband Andy and partners, Pamela Bell and Elyce Arona, sold the brand to Neiman Marcus in 1999. In 2006 Liz Claiborne Inc. (now called Fifth & Pacific Inc.) bought the company. In 2007, the founders cashed out, and a new management was installed. Craig Leavitt, CEO, and Deborah Lloyd as president and creative director took the helm in 2008.