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Monday, July 30, 2007

Handbag News: Kate Spade Says Good-bye to Kate Spade




Husband-and-wife team Kate and Andy Spade are saying goodbye to their
brainchild.

Following the expiration of the service agreement the duo
had with Liz Claiborne Inc. after the $4.99 billion vendor acquired the
accessories brand last November, the Spades will step down from their respective
roles as designer and chief executive officer at the end of next week at the
close of spring market.

The Spades cited personal reasons for leaving
their day-to-day roles, including a desire to spend time traveling with their
two-year-old daughter.

They will stay on as members of the brand's
board[...]


Source: WWD


It will be interesting to watch the future progress of this design label. My gut tells me it's heading for a few bumps, but let's hope for the best shall we?

comments

1 Response to "Handbag News: Kate Spade Says Good-bye to Kate Spade"
  1. Anne said...
    Tuesday, July 31, 2007

    This is kinda sad...

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