Kate Spade New York is owned by Tapestry (the United States, NYSE: TPR), which acquired the brand on 11 July 2017 for $2.4 billion.[1][2] Kate Spade New York was founded in 1993 in New York and was independent until 2017.
Kate Spade was founded in 1993 by a magazine accessories editor who could not find a simple, well-made handbag, and launched with six boxy nylon shapes. Coach acquired the brand in 2017 for $2.4 billion. That purchase led the buyer to rename itself Tapestry, since it now owned several brands rather than being one.
Tapestry is a publicly listed company headquartered in New York, United States, founded in 1941. Brandtree records 2 brands under its control, and it is listed as NYSE: TPR.
Tapestry is the holding company Coach created in 2017 to hold multiple brands after buying Kate Spade and Stuart Weitzman. It sold Stuart Weitzman to Caleres in August 2025. Its attempt to buy Capri Holdings, owner of Michael Kors and Versace, was blocked by a United States court in 2024 on competition grounds.
Brandtree records a controlling owner for 2,549 brands that began in the United States.
478 of them (19%) are now controlled by a company headquartered in another country; Kate Spade New York is not one of them.
Coach acquired Kate Spade for $18.50 per share, about $2.4 billion. Owning several brands rather than being one prompted the company to rename itself Tapestry the following October, a change its own shareholders received poorly.
The parent company of Kate Spade New York is Tapestry, a publicly listed company headquartered in the United States.
Is Kate Spade New York American?
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Yes. Kate Spade New York originated in the United States in 1993 and its owner, Tapestry, is also headquartered in the United States.
When did Tapestry buy Kate Spade New York?
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Tapestry completed its acquisition of Kate Spade New York on 11 July 2017, after announcing the deal on 8 May 2017. The deal was valued at $2.4 billion (enterprise value).
Who owned Kate Spade New York before Tapestry?
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Kate Spade New York was an independent company from its founding in 1993 in New York until Tapestry acquired it in 2017.
Is Kate Spade New York still owned by Tapestry?
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Yes. As of 16 September 2026, Kate Spade New York is still owned by Tapestry. The ownership record was last checked against primary sources on that date.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
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