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Kate Spade & Company, initially known as Liz Claiborne Inc. (founded in 1976 in Manhattan), and then as Fifth & Pacific Companies, Inc. (from 2012 to 2014), is a fashion company that designs and markets a range of women's and men's apparel, accessories and fragrance products under the Kate Spade New York and Jack Spade labels.
Liz Claiborne Inc. went public in 1981 and made the Fortune 500 list in 1986 with retail sales of $1.2 billion. [ 7 ] Claiborne listed all employees in her corporate directory in alphabetical order, to circumvent what she perceived as male hierarchies. [ 4 ]
In November 2006, apparel giant Liz Claiborne Inc. bought Kate Spade for $124 million from Neiman Marcus Group. [13] Andy Spade was initially in charge of company operations, but, in 2007 after the sale of the company, operational control was turned over to Liz Claiborne. Kate Spade expanded their retail stores to include Kate Spade New York ...
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Liz Claiborne (LIZ) plans to exit its 87 Liz Claiborne branded outlet stores in the U.S. and Puerto Rico, the clothes maker announced Tuesday evening. The company has been in restructuring for ...
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The bags, priced in the US$150 to $450 range, quickly became popular, particularly in New York. That was "a real shift" in fashion, said Fern Mallis, director of the Council of Fashion Designers of America during the 1990s. "Everybody had Kate Spade bags. You could afford them, and happily buy more than one." [9]
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