Kate Spade, A Luxury Luxury Brand Designer, Returned To The Shoe Market Again.

Light luxury brand Kate Spade founder and designer Kate Spade is away from the fashion world 8 years later.

According to WWD, later this year, Kate Spade will launch a complete series of shoes and a small number of handbags. Retailers will preview the series in the next two weeks.

However, Kate Spade has not yet published details about the price of the product and has not yet decided the name of the brand. It is certain that she will not be able to use her name.

Kate Spade trademark and brand were purchased by the then Liz Claiborne Inc. at the time of US $125 million from the high-end chain corporation group Neiman Marcus Group Ltd. LLC, in 2007.

Liz Claiborne Inc. was renamed as Fifth & Pacific Cos. Inc. in May 2012. In 2013, Fifth and Pacific Cos. Inc. sold only 2014 brands after the sale of Pacific and Cos..

Kate Spade & Co. (NYSE:KATE) has been growing rapidly in recent years. After 22 years of development, it has become a brand of US $1 billion, and realized 1 billion 138 million 600 thousand US dollars in fiscal 2014, up 41.7% over the same period last year.

However, in the second half of 2014, the luxury boom began to decline, and the growth of Kate Spade & Co. (NYSE:KATE) slowed down.

Kate Spade and her husband Andy Spade, together with partners Pamela Bell and Elyce Arons, created Kate Spade accessories brand in 1993.

In 1999, Neiman Marcus Group Ltd. LLC bought a 56% stake in the brand for $35 million 600 thousand and decided to sell it in 2005.

The Kate Spade couple left the brand for private reasons after six months of brand change to Liz Claiborne Inc..