Eight years after leaving the company, Kate Spade and her husband Andy have announced that Kate will be returning in order to expand the accessories line, including a full shoe collection, by this holiday season.
In an interview with WWD, Kate said that she is excited to go back to work after spending the last eight years raising her daughter and being a consumer. Kate and her husband Andy left the Kate Spade brand and its men’s collection counterpart, Jack Spade, in July of 2007, following the November 2006 sale of the company from the Neiman Marcus Group to Claiborne for $125 million. According to WWD, both Kate (who served as designer) and Andy (who served as chief executive officer) decided to leave for personal reasons.
After a great year of sales in 2014, the company announced earlier this year that they would open another 50 to 55 stores in addition to the 200 already existing locations.
Since the close of Kate Spade Saturday, the lower priced line, and Jack Spade this year, Kate will focus on the main brand and help it continue to grow with her extensive shoe and handbag line.
Following several years of changes, the group renamed itself Kate Spade & Co. in February of last year. Now that Kate is back to work, the future looks brighter than ever for Kate Spade & Co.