Stephanie Hallett
Updated May 10, 2017 @ 12:29 pm
Advertisement

One of the things we love most about Kate Spade is the brand’s quirky aesthetic and off-beat, small boutique feel. But now that Kate Spade has been bought out by Coach, we — along with many other shoppers — can’t help but start to sweat over what may be on the horizon for our beloved polka-dotted brand.

Coach purchased the brand in a $2.4 billion deal this week, after Kate Spade — like so many 2000s-era mall brands and department stores before it — suffered insurmountable financial losses. An online retail culture coupled with increased competition from fast-fashion brands, like H&M, Topshop, and Forever 21, has drawn shoppers away from Kate Spade in recent years.