If you're a fan of Kate Spade Saturday, Kate Spade's younger, more casual offshoot, you may be disappointed to learn that the company is shuttering all nineteen of its stores, as well as all twelve Jack Spade brick and mortar locations. The news comes as a surprise, as Saturday is only two-years old and as of late last year was still opening new stores. Still, weak sales couldn't cover the costs of promoting the label, and that's bad for business. The stores will close gradually over the first half of 2015, but there is a bright side to all of this--neither label is disappearing completely. According to the company, Kate Spade Saturday will remain its own label and merchandise will be sold in Kate Spade stores. As for Jack Spade, Kate Spade & Company's twenty-two year old menswear label, a statement from the company said the label would "pursue a new business model" and "expand its e-commerce platform."
We suspect a major liquidation sale is on the horizon because Gap is shutting down Piperlime, both the e-commerce site and its one brick and mortar located in New York. And the sale will be taking place fairly quickly as it's being reported that Piperlime will be finito by the end of the first quarter of fiscal 2015. Piperlime is the smallest of Gap Inc.'s brands, bringing in less than one percent of the sixteen billion dollar revenue across all six of the company's brands, which include Old Navy, Banana Republic, and Athlete. The website sells designer labels such as Marc by Marc Jacobs, Kate Spade, and Haute Hippie, as well as more moderately priced brands like Tinsley Road, Eight Sixty, and its own Piperlime Collection. We're sad to see this one go; the free shipping and returns (no minimums!) made this one of our favorite shopping sites.
Kendall and Kylie Jenner sure know how to stay busy. The teen sisters have already designed collections for Madden Girl and PacSun, and now the girls could possibly be collaborating with British retailer Topshop. Apparently the duo are in talks with Topshop CEO Sir Philip Green, although neither side is confirming or denying a design collaboration. If the rumors are true, the Jenner sisters would be joining model Kate Moss and superstar Beyoncé as celebrity designers for the retailer. Stay tuned!