Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern
luxury accessories and lifestyle brands, addresses the passing of kate
spade new york founder, Kate Spade.
We at kate spade new york just learned of the incredibly sad news
that Kate Spade has passed. Although Kate has not been affiliated with
the brand for more than a decade, she and her husband and creative
partner, Andy, were the founders of our beloved brand. Kate will be
dearly missed. Our thoughts are with Andy and the entire Spade family at
kate spade new york was founded in 1993 debuting with just six handbag
silhouettes, combining sleek, utilitarian shapes and colorful palettes
in an entirely new way. In 2007, spade turned the reins to design
powerhouse kate spade & company (formerly known as liz claiborne, inc.).
kate spade new york has grown into a global lifestyle brand, aiming to
inspire colorful living through the collection’s handbags and clothing,
jewelry, shoes, stationery, eyewear, baby, fragrance, tabletop, bedding
and gifts. Crisp color, graphic prints and playful sophistication are
the hallmarks of kate spade new york. The brand’s exuberant approach to
the everyday encourages personal style with a dash of incandescent
charm. kate spade new york is a company of Tapestry, Inc.
Tapestry, Inc. is a New York-based house of modern luxury lifestyle
brands. The Company’s portfolio includes Coach, Kate Spade and Stuart
Weitzman. Our Company and our brands are founded upon a creative and
consumer-led view of luxury that stands for inclusivity and
approachability. Each of our brands are unique and independent, while
sharing a commitment to innovation and authenticity defined by
distinctive products and differentiated customer experiences across
channels and geographies. To learn more about Tapestry, please visit www.tapestry.com.
The Company’s common stock is traded on the New York Stock Exchange
under the symbol TPR.
This information to be made available in this press release may
contain forward-looking statements based on management's current
expectations. Forward-looking statements include, but are not limited
to, statements that can be identified by the use of forward-looking
terminology such as "may," "will," “can,” "should," "expect," "intend,"
"estimate," "continue," "project," "guidance," "forecast,"
"anticipated," “moving,” “leveraging,” “targeting,” “assume,” “plan,”
“pursue,” “look forward to,” “on track to return,” “to achieve” or
comparable terms. Future results may differ materially from management's
current expectations, based upon a number of important factors,
including risks and uncertainties such as expected economic trends, the
ability to anticipate consumer preferences, the ability to control costs
and successfully execute our transformation and operational efficiency
initiatives and growth strategies and our ability to achieve intended
benefits, cost savings and synergies from acquisitions, etc. Please
refer to the Company’s latest Annual Report on Form 10-K, Quarterly
Report on Form 10-Q, and its other filings with the Securities and
Exchange Commission for a complete list of risks and important factors.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180605006656/en/