Mademoiselle By 1986, the couple had moved to
Manhattan. Kate worked in the accessories department at
Mademoiselle. She left
Mademoiselle in 1991, achieving the rank of senior
fashion editor and head of accessories. While working for
Mademoiselle, she had noticed that the market lacked stylish, affordable, and sensible handbags, so decided to create her own.
Kate Spade New York Kate and Andy co-founded Kate Spade New York, along with Elyce Arons and Pamela Bell, in January 1993. Spade was initially undecided on the brand's name, because Andy and she had not yet married, and "Kate Brosnahan" seemed a cumbersome name for a fashion label. She considered a number of names, but agreed when Andy suggested "Kate Spade", as she would take the name Spade after their marriage. Spade made six prototypes with
Scotch tape and paper, and found a manufacturer in
East New York willing to work with a startup to produce the bags. To finance the company, Andy, who had worked as a
copywriter, withdrew his
401(k) pension plan and sometimes paid employees with personal checks. The couple spent their shipping season living at friends' apartments, because their own was filled with boxed handbags. Young American women at the time also liked the bags' sophisticated look. One woman recalled that the Kate Spade bags looked "mature, without being too adult for a teenager," unlike higher-priced brands such as
Burberry or
Louis Vuitton. "At the turn of the last century, her bag came to encapsulate a decidedly Manhattan moment in time", a moment when
Vogue editor-in-chief
Anna Wintour recalled that it was impossible to walk a block in the city without seeing one. Kate Spade also had two brand extensions called Kate Spade Saturday and Jack Spade. Kate Spade Saturday carried more casual handbags and apparel, but had heavy promotions and eventually closed in 2015. Jack Spade was a menswear line created by Kate Spade that offered men's leather goods and accessories, but that also closed in 2015. In 1999, Spade sold a 56% stake in her business to
Neiman Marcus Group, helping to expand the brand worldwide. In 2004, "Kate Spade at Home" was launched as a home-collection brand. It featured bedding, bath items, china, wallpaper, table decor, flatware, and various decoration items. A Kate Spade store was opened in
Aoyama, Tokyo, Japan. Spade also published three books on the subjects of etiquette, entertainment, and fashion:
Manners,
Occasions, and
Style, respectively. By 2006, Spade had sold the remaining 44% of her shares to Neiman Marcus Group. The group sold the label in 2006 to
Liz Claiborne Inc., for $124 million; it was later renamed Fifth & Pacific. The company was later purchased by
Coach, Inc. in May 2017; both Coach and Kate Spade are now part of
Tapestry, Inc. Frances Valentine After selling the remaining portion of her ownership in her brand, Spade took several years off to focus on her newborn daughter. In 2016, she and Elyce Arons launched a new collection of luxury footwear and handbags under the brand name Frances Valentine. The name stemmed from a hybrid of family names; Frances is a family name on Spade's paternal side. "Valentine" was Spade's maternal grandfather's middle name, having been born on
Valentine's Day. Spade later legally added Valentine to her full name. After Spade's death, the brand released a collection of designs called "Love Katy" in her memory. Spade had several years' worth of designs and inspirations for the brand, and the company plans to launch them. == Personal life ==