Published Jun 5, 2018

Remembering Kate Spade

Discover the inspiring journey of Kate Spade, as Guy Raz delves into her transformation from a journalist to a fashion mogul, the innovative partnership with Andy Spade, and the enduring legacy she left in revolutionizing handbag design.
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Episode Highlights

  • Working Together

    Kate and Andy Spade's partnership in both life and business was marked by a unique balance of personal and professional boundaries. Kate shared how they worked on separate floors to maintain their individuality and prevent their work from consuming their marriage. She described herself as a "nervous person," prone to sleepless nights, while Andy was more laid-back, which complemented their dynamic 1. Andy's early entrepreneurial spirit was evident when he started an advertising agency in college, trading ads for food, which laid the groundwork for their future ventures 2.

    I had a tendency to go into his office, and he'd be on the phone, and I'd say, get off the phone, but I have something to tell you or ask you.

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    Their journey from college sweethearts to successful business partners showcases the importance of setting boundaries and finding balance.

       

    Life After Sale

    After selling their shares in the Kate Spade brand, Kate and Andy Spade embarked on new ventures, including the launch of Frances Valentine. Kate explained that the decision to sell was influenced by the desire to spend more time with their daughter and to leave the company on good terms 3. Despite stepping away, Kate expressed no regrets and admired the brand's continued success, even sharing a humorous anecdote about not being recognized in a Kate Spade store 4.

    I remember thinking, now it's kind of like we have a boss. And I remember thinking, I want to leave on good terms.

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    Their ability to transition smoothly and maintain a positive relationship with the brand they built is a testament to their foresight and commitment to their values.

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