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This Holiday season, Starbucks is collaborating with acclaimed American life and style brand kate spade new york for the first time to offer a curated designer merchandise collection, available for a limited time at select Starbucks stores in Asia. The…
One year into its major push to become an American luxury conglomerate, things appear to be moving in the right direction at Tapestry, which recently posted first-quarter results that topped expectations across the board. The firm — parent of Coach, Kate…
Tapestry growth continues to be boosted by the inclusion of Kate Spade. The US apparel retailer has reported fourth-quarter revenue of US$1.48 billion and a net income of $211.7 million. A 31 per cent uplift in sales is the result of the acquisition of the…
Citygate Outlets is ready for the summer. With over 80 international brands offering 30% to 70% discounts, the mall has collaborated with brands to bring its customers unique Summer Pop-ups, memorable experiences with special performances and rewards for its…
Kate Brosnahan Spade, who created an iconic, accessible handbag line that bridged Main Street and high-end fashion, hanged herself in an apparent suicide Tuesday at her Manhattan apartment, according to New York Police Department sources. Police responded at…
Tapestry, the fashion retailer formerly known as Coach, has taken back operational control of its Kate Spade China joint ventures in Hong Kong, Macau, Taiwan and the mainland. CEO Victor Luis described the move as “an important business development…
Beijing’s iconic Xidan Joy City celebrated its 10 year anniversary today by unveiling its newly renovated Rose Garden relaxation zone. The celebration also marks the completion of the first phase of a significant upgrade of the mall’s interior and public…
The leather goods company formerly known as Coach Inc., Tapestry, has reported earnings for the first time since the name change. Tapestry, which is in the midst of a major rebranding, posted a 24.2 per cent increase in revenue to $1.29 billion and a net loss…
While retail net sales grew 9.2 per cent to US$836.7 million for luxury lifestyle brand Michael Kors in its third quarter, ended December 31, its revenue decreased 3.2 per cent to $1.35 billion. It sales growth was mainly driven by 193 store openings since…
Handbag and accessories maker and retailer Kate Spade & Co, under pressure from activist investor Barry Rosenstein, is working with a bank to sound out possible buyers. Quoting insiders, the Wall Street Journal says potential buyers contacted include…
While the latest Kate Spade figures are respectable, there is a clear slowdown in the pace of growth compared to last quarter. This is most noticeable in the direct-to-consumer segment, where comparable revenue rose by a fairly meagre 4 per cent, compared to…
The luxury apparel retailer has announced four new licensing agreements – for bedding, bath, wallpaper, rugs, furniture and household items, according to a report on Bloomberg. In the first year, Kate Spade aims to sell US$100 million to US$150 million worth…
Kate Spade is to buy out its Chinese joint venture partner in favour of a new partnership with Lane Crawford Group. Walton Brown, the brand wholesaling and retailing subsidiary of Hong Kong-based department store operator Lane Crawford, will team with Kate…
