Kate Spade was an American fashion designer who had a net worth of $200 million at the time of her death in 2018.
Kate Spade was an American fashion designer who had a net worth of $200 million at the time of her death in 2018.
Spade was the founder of the luxury fashion brand Kate Spade New York. Kate launched the brand with her husband at the time, Andy Spade
Spade was the founder of the luxury fashion brand Kate Spade New York. Kate launched the brand with her husband at the time, Andy Spade
She launched with a line of handbags in 1993. The company grew to include several retail outlets in addition to selling their products through high-end stores such as Saks Fifth Avenue and Bloomingdale's.
She launched with a line of handbags in 1993. The company grew to include several retail outlets in addition to selling their products through high-end stores such as Saks Fifth Avenue and Bloomingdale's.
Kate Spade built an international accessories business, branching out into new markets
Kate Spade built an international accessories business, branching out into new markets
Kate Spade now offers products in a range of categories from eye-wear to shoes to paper goods.
Kate Spade now offers products in a range of categories from eye-wear to shoes to paper goods.
Kate and Andy sold 56% of the business to the Neiman Marcus Group in 1999 for $34 million
Kate and Andy sold 56% of the business to the Neiman Marcus Group in 1999 for $34 million
but remained active within the brand. They sold the remainder of her stake in 2006 for $60 million.
but remained active within the brand. They sold the remainder of her stake in 2006 for $60 million.
In June 2019, Spade's 3,025 square foot Park Avenue apartment was put on the market for $6.35 million
In June 2019, Spade's 3,025 square foot Park Avenue apartment was put on the market for $6.35 million
Kate and Andy paid $2.675 million for the two-bedroom, 2.5-bathroom home 20 years earlier.
Kate and Andy paid $2.675 million for the two-bedroom, 2.5-bathroom home 20 years earlier.
Kate Spade was an American fashion designer who had a net worth of $200 million at the time of her death in 2018
Kate Spade was an American fashion designer who had a net worth of $200 million at the time of her death in 2018