Kate Spade net sales soar 42 percent in FY14

Net sales for the fourth quarter of 2014 at Kate Spade & Company were 399 million dollars, an increase of 123 million dollars, or 44.7 percent, from the comparable 2013 period, reflecting increases of 50.5 percent in the Kate Spade North America segment and 56 percent in the Kate Spade International segment, partially offset by a decrease in net sales in the Adelington Design Group segment. Fourth quarter 2014 direct-to-consumer comparable sales growth was 28 percent, or 21 percent excluding eCommerce.