Kate Spade Seems Totally Detached From Her Multimillion Dollar Namesake Brand
Kate and Andy Spade weren't fashion designers when they started Kate Spade. In fact, they didn't really know what they were doing. Jessica Iredale at Women's Wear Daily sat down with the Spades and they looked back at the fashion house they founded. After cashing out for $59 million seven years ago, they now seem totally detached, even though Kate's name is still featured in stores everywhere. The Spades are no longer involved with the venture they founded in 1993. Fifth & Pacific (formerly known as Liz Claiborne) now owns and runs the brand. Andy left to start his own creative
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