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October 11, 2007

Banana Exec Takes Top Role At Kate Spade

Kate Spade has named Deborah Lloyd as its new creative director and co-president in preparation for expanding the brand into new categories.

Lloyd hails from Banana Repubic where up until now she has held the title of executive vice president of product design and development. She will effectively replace company founder Kate Spade, who recently announced that she was stepping down from her position as designer. Her husband, Jack Spade, is also stepping down, leaving a vacancy in the retail and merchandising part of the business.

With the management change the company hopes to strengthen its position in handbags and then possibly move into jewelry and apparel.

Posted by Blacks on October 11, 2007 10:00 AM

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