Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Kate Spade sales rise 9.1% as it continues UK expansion

US accessories brand Kate Spade reported net sales for the year to January 2 rose 9.1% to $1.2bn (£860m), while adjusted EBITDA was £203m.

“In 2015, we became a stronger, refocused Kate Spade & Company,” said chief executive Craig Leavitt. “We made significant progress along our two axes of growth – product category and geographic expansion – introducing 14 new product categories and entering eight new countries.”

Kate Spade is set to open an 11,000 sq ft flagship at 178-182 Regent Street in London later this year, which will be its fourth store in the UK.

It will feature product categories including Kate Spade New York handbags, ready-to-wear, fashion accessories, small leather goods, tech accessories, jewellery, watches, shoes, hosiery, eyewear, stationery and home decor.

Kate Spade currently has stores at Covent Garden, Sloane Square and Westfield London in the UK.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.