The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
Tapestry Inc fashion house Kate Spade New York said on Thursday its creative director, Nicola Glass, would leave in April, as it looks to reorganise its business.
Tapestry, which also owns Coach and Stuart Weitzman brands, hired Glass about three years ago from its rival and luxury handbag maker Michael Kors hoping she could help revamp the brand’s designs to attract more shoppers.
Kate Spade sales have fallen in six of the last nine quarters, with Covid-19 restrictions and a decline in international travel adding to the its woes.
The company also said it had created two new roles to revive the brand, and named long-time executive Kristen Naiman as senior vice president of brand concept and strategy.
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The company also said it had commenced a search for a head of product design as it looks to introduce fresh handbags, jewellery and footwear, among other products.
Reporting by Praveen Paramasivam in Bengaluru; Editing by Vinay Dwivedi.
A US regulator has banned most uses of the clauses, which started as a way for fashion companies to prevent senior executives from walking off with trade secrets, but have become a standard retention tool.
Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent.
BoF Careers provides essential sector insights for fashion designers this month, to help you decode fashion’s creative and commercial landscape.
This week, talent expert Suki Sandhu OBE and advisor and executive search consultant Karen Harvey shared insights on the core skill sets expected of leaders and managers in the fashion industry today. BoF Careers shares key learnings from the event.