Kate Spade Research Paper

Decent Essays
Kate Spade
Kate Spade’s wild but, very successful adventure from a journalist to the red carpet. “Kate had it in her all along her father was an entrepreneur” (Freistadt). Kate married Andy Spade in 1994. They had one child together named Frances Beatrix Spade in February 2005. Kate got a good job and a good job, but she gave it all up to follow her dream of being in the fashion business.
Kate Spade was born on December 24th, 1962 in Kansas City, Missouri. Her father is Earl Francis Brosnahan and her mother is June Brosnahan. Kate graduated from St. Tereasa’s Academy, an all-girls school founded by sisters of St. Joseph of Carondelet. She went to Arizona State University and University of Kansas and graduated with a journalism degree in 1985.
Kate’s job through college was as a salesperson so she could work her way through college. She was living in a two bedroom with four other women.
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She sold her business in 1999 after its ratings got up as high as Gucci. She sold so she could have more time with her son, husband, and other family. But, “in 2016, the Spades, along with their lifetime friends Elyce Arons and shoe designer Paola Venturi, launched their new fashion endeavor Frances Valentine”(“Kate Spade Biography”) They make shoes and handbags and they are a big deal.
“At first investors of Kate Spade & Co. were not all that happy with the results and outlook provides by it though its second quarter results topped estimations.”(R. Chandrasekaran) Comparable sales increase was four percent not including eCommerce. They stayed confident in their ending results that they finally got. The used many strategies to move their business along in the second half of 2016. “Kate Spade’s net sales were three hundred and twenty million dollars representing an increase of thirty-nine million or thirteen and seven tenths percent the previous year

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