Current Owner of Kate Spade
The Kate Spade brand is currently owned by Capri Holdings Limited, a global fashion luxury group that manages several high-end labels. Capri acquired Kate Spade & Company as part of its broader strategy to expand its portfolio of premium accessories and lifestyle brands. The acquisition brought the New York-based brand under the same corporate umbrella as Versace and Jimmy Choo. As of the latest public filings, Capri Holdings remains the direct parent company controlling the Kate Spade name, intellectual property, and global distribution. You can review the corporate structure and brand portfolio on the Capri Holdings investor relations page Capri Holdings official website.
Before the Capri acquisition, Kate Spade was a standalone publicly traded company under the name Kate Spade & Company. The brand was originally founded by Kate Spade and her husband Andy Spade in 1993, growing from a single handbag collection into a global lifestyle brand. In 2017, the company was acquired by Tapestry, Inc., then known as Coach, Inc., which later rebranded and spun off Kate Spade into a separate entity. By 2023, Capri Holdings completed the purchase of the brand, consolidating it alongside Versace and Jimmy Choo under a single luxury group focused on accessories, footwear, and ready-to-wear fashion.
Corporate Structure and Ownership Details
Capri Holdings Limited is the holding company that directly owns and operates the Kate Spade brand worldwide. The company is headquartered in New York and trades on the New York Stock Exchange under the ticker symbol CPRI. Capri's ownership structure includes institutional investors and public shareholders who hold shares in the parent company, which in turn controls the Kate Spade business unit. The brand operates as a division within Capri's portfolio, with centralized oversight of design, marketing, and global retail strategy.
Key Executives and Leadership
Under Capri Holdings, the Kate Spade brand is led by executives who report through the company's global brand management structure. The current leadership focuses on maintaining the brand's signature aesthetic while expanding into new product categories and markets. Strategic decisions for Kate Spade are made within Capri's global headquarters, aligning the brand's direction with broader luxury group objectives and financial targets.
Brand Portfolio and Market Position
Within Capri Holdings, Kate Spade sits alongside other luxury brands such as Versace and Jimmy Choo, forming a diversified portfolio of fashion labels. The brand is positioned as a premium lifestyle label known for handbags, small leather goods, jewelry, and accessories. Capri leverages its global retail network and wholesale relationships to distribute Kate Spade products across major markets in North America, Europe, and Asia.
Financial Performance and Ownership Impact
Since joining Capri Holdings, the Kate Spade brand has benefited from shared resources, supply chain efficiencies, and expanded global reach. The parent company reports consolidated financial results that include Kate Spade's revenue and profitability within its overall luxury segment. Investors tracking the brand's performance can monitor Capri Holdings' quarterly earnings reports and public disclosures for updated figures on the Kate Spade business unit.