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Kate Spade is the designer of the luxury brand Kate Spade, New York.
Kate Brosnahan Spade grew up in Kansas City, Missouri. She earned a journalism degree at Arizona State University and began working at a temporary job with Mademoiselle magazine in New York.
She met her husband Andy Spade while at ASU. Andy Spade grew up in Scottsdale, Arizona and is the older brother of famed actor David Spade. Together, Andy and Kate Spade, began the New York-based design company in 1993, selling mainly handbags and has now expanded to fashion accessories and home decor items.
There are 25 Kate Spade boutiques around the world. There are currently 16 in the United States, 5 in Japan, 3 in Hong Kong, and 1 in the Philippines. The Neiman Marcus Group Inc. owns a majority interest in Kate Spade. Kate Spade handbags have become a symbol of luxury and wealth and display personality and flair. Their colorful designs and famed nylon bags have become highly-desired items.
In 2004, Women's Wear Daily reported that Kate Spade had sales of $125 million. It is predicted that in fiscal 2005, sales could reach and surpass $200 million.