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April 21, 2006
Liz Claiborne Bets On Kate Spade
Liz Claiborne is reportedly looking to add Kate Spade to its label lineup. Spade put itself on the block last year after its majority investor, Neiman Marcus, was purchased by Texas Pacific.
The brand offers accessories and ready-to-wear designed by Kate Spade and her husband Andy. If Liz Claiborne does acquire the label, the founding couple is expected to stay onboard in a design capacity.
Liz already owns big-name brands Juicy Couture and Lucky Jeans, among others.
Posted by Blacks on April 21, 2006 08:55 AM
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