Kate Spade New York (often styled as kate spade new york) is an American fashion lifestyle brand. It was founded in January 1993 by Kate Spade and Andy Spade (along with partners) in New York City.
The brand became known for its colorful, graphic accessories — especially handbags — and expanded into ready-to-wear, jewelry, footwear, home goods and more.
In terms of corporate structure, Kate Spade is a subsidiary brand under a larger publicly traded parent company.
Ownership Status of Kate Spade New York
Since 2017, Kate Spade New York has been wholly owned by Tapestry, Inc. (formerly known as Coach, Inc.).
This means that there is no single private individual owner of the Kate Spade brand. Instead, ownership is held via Tapestry, Inc., whose shares are publicly traded and thus ownership is distributed among institutional investors, mutual funds and retail shareholders.
Major Shareholder Note
Because Tapestry, Inc. is a publicly traded company, its ownership changes over time through trading and institutional holdings. While specific top‐shareholder lists for Tapestry can be found via regulatory filings (such as 13F, 13D/G), the Kate Spade brand itself is simply part of Tapestry’s portfolio.
Key Shareholder Highlights
Since the brand is a part of a larger publicly traded company, the relevant “shareholders” are those of Tapestry, Inc. Here are some contextual notes (not an exhaustive table of shareholding):
| Shareholder / Entity | Ownership Percentage | Notes |
|---|---|---|
| Institutional investors (various funds) | Varied across funds | Through Tapestry’s public stock, many large investment funds hold stakes. |
| Tapestry Management & Executives | Smaller percentage | Includes board and executive holdings; not the controlling interest by an individual. |
Note: Because Kate Spade sits inside Tapestry, Inc., detailed breakdowns specific to the Kate Spade brand are rarely separately reported; disclosures focus on Tapestry as the parent entity.
Recent Developments in Ownership
- On July 11, 2017, Coach, Inc. (now Tapestry) completed the acquisition of Kate Spade & Company for about US$2.4 billion, making Kate Spade a wholly-owned subsidiary.
- In October 2017, Coach, Inc. changed its corporate name to Tapestry, Inc. to reflect a broader brand portfolio and strategy.
- In August 2024, Tapestry appointed Eva Erdmann as CEO & Brand President of Kate Spade.
These updates show that while the brand remains owned by Tapestry, its leadership and strategic direction continue to evolve.
FAQs
Q1. Who is the current owner of Kate Spade New York?
There is no single individual owner. The brand is owned by Tapestry, Inc., a publicly traded company.
Q2. Is Kate Spade publicly traded or privately owned?
The brand itself is not separately publicly traded. It is privately held within the publicly traded parent company Tapestry, Inc.
Q3. Who founded Kate Spade New York?
It was founded by Kate Spade (Katherine Noel Brosnahan) and Andy Spade in 1993.
Q4. Has the ownership changed recently?
Yes. In 2017, Tapestry (then Coach, Inc.) acquired Kate Spade for US$2.4 billion. Management changes (e.g., new CEO in 2024) have also occurred. But the brand remains under Tapestry’s ownership.
Kate Spade New York Official Site
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