Kate Spade: Kate & Andy Spade

How I Built This · 6 Feb 2017 · 39m

What this episode covers

Kate and Andy Spade, founders of the iconic handbag brand Kate Spade, recount building their company from scratch in the early 1990s. Starting with burlap bags designed in their New York apartment, they navigated early financial struggles, nearly shutting down after burning through their savings and 401(k)s. Their breakthrough came when major retailers like Neiman Marcus and Saks Fifth Avenue picked up the line, leading to rapid scaling, a sale to Neiman Marcus Group, and eventual expansion into a global lifestyle brand.

Mentioned

Companies
Neiman Marcus, Saks Fifth Avenue, Barney's, Fred Segel, Mademoiselle Magazine, CFDA, Francis Valentine
Products
Kate Spade, Jack Spade
Materials
Burlap

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