Two years before her untimely death, Kate Spade left the fashion industry to spend time raising her family after selling her namesake brand.
Read on to learn more about Kate Spade and her new line Frances Valentine…
CelebNFashion247.com has this report on the late Kate Spade who took her own life on Tuesday in her New York home. It was reported that she left a suicide note.
Ten years ago, Kate Spade needed a break from her namesake brand so she and her husband Andy Spade sold 56% of the brand to Neiman Marcus for $33.6 million. Liz Claiborne acquired the company in 2007, and Spade left her namesake brand. The luxury fashion company Coach announced plans in May 2017 to buy Kate Spade for $2.4 billion.
Kate Spade & Co. was purchased last July for $2.4 billion by Coach Inc., the luxury leather goods company now known as Tapestry, which also owns the premium shoe brand, Stuart Weitzman.
In 2016, she returned to what she loved to do by starting a new venture after selling her namesake brand to launched Frances Valentine, her new handbag line.
Frances Valentine, Kate’s new shoe, and purse line are named after her 13-year-old daughter of the same name. In an article published in November 2015, Spade told WWD how she decided on Frances Valentine:
Frances is a longtime family name on my dad’s side. My grandfather, father, brother and my daughter’s name is Frances. And then Valentine was my mom’s dad’s middle name because he was born on Valentine’s Day.
Today we lost a woman whose vision, creativity, style, and grace will live on through Frances Valentine handbags and shoes. Head over to the website…