This is a quote from CEO Craig Leavitt:
kate spade ny is going to be opening KATE SPADE SATURDAY in the US online and in stores in the spring. The products will be apparel and accessories, beauty, and home decor items. It will be much less expensive than the current kate spade brand and aimed at a younger more casual crowd. The average pricing for all the categories are expected to be: apparel ($90), eyewear ($55), fashion accessories ($40), handbags ($130), home ($25), jewelry ($30), shoes ($85), small goods ($45), swim ($50), tech ($30), and watches ($50). (source BIZJORNAL)
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