×
42 663
Fashion Jobs
MARSHALLS
Store Operations Financial Planning & Analysis Manager
Permanent · Framingham
TJX COMPANIES INC.
Product Manager ii
Permanent · Marlborough
TJX COMPANIES INC.
Background Screening Compliance Investigator
Permanent · Marlborough
KOHLS
Staff Product Manager-Innovation
Permanent · Menomonee Falls
KOHLS
Full-Time Sales Supervisor - Hardlines
Permanent · Rapid City
KOHLS
Full-Time Loss Prevention Officer
Permanent · Las Vegas
KOHLS
Full-Time Loss Prevention Officer
Permanent · Victorville
KOHLS
Full-Time Loss Prevention Officer
Permanent · Bakersfield
BLOOMINGDALE'S
Division Sales Manager: Bloomingdale’s 59th Street Flagship, Nyc
Permanent · New York
SALLY BEAUTY CORPORATE
Outside Sales Representative - Professional Beauty
Permanent · Kansas City
CLARKS
Assistant Wholesale Marketing Manager
Permanent · Waltham
ADIDAS
Manager Outbound Operations
Permanent · Spartanburg
ADIDAS
Senior Manager, Performance Marketing - Membership (Digital)
Permanent · Portland
ADIDAS
Logistics Manager
Permanent · Pittsburgh
ADIDAS
Technical Manager Maker Lab
Permanent · New York
GAP
Senior Producer- Digital Operations – International Promotions
Permanent · San Francisco
GAP
General Manager- Macarthur Park
Permanent · Irving
HUDSONS BAY COMPANY (HBC)
Analyst, Supply Chain
Permanent · Brampton
PUMA
Analyst, Business Intelligence - Consumer Insights
Permanent · Westford
L'OREAL GROUP
Buyer - (Purchasing/Procurement/Indirect Sourcing)
Permanent · Berkeley Heights
DESIGNER BRANDS
Director, Marketing Advanced Analytics
Permanent · Columbus
THE REALREAL
Sales Analyst, Business Strategy And Analytics
Permanent · San Francisco

Anna Bakst exits Kate Spade

Published
today Dec 13, 2019
Reading time
access_time 2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Tapestry, Inc. has announced that Anna Bakst, chief executive officer and brand president of Kate Spade, will exit the company at the end of the calendar year. 


Michael Kors


Tapestry said it has already started to look for Bakst’s replacement, and that Joanne Crevoiserat, Tapestry’s chief financial officer, will fill in for Bakst in the interim. In the position, she will have direct oversight of Kate Spade’s strategy and operations, and will work closely with the brand’s senior leadership team.

Bakst began her role as CEO and president of Kate Spade in April, 2018. Prior to joining the brand, she served as group president of Michael Kors and as president of the shoe and accessory division of The Donna Karan Company, among other roles. 

“We thank [Bakst] for the passion and commitment she has brought to her work at Kate Spade,” said Jide Zeitlin, chairman and chief executive officer of Tapestry, which owns Kate Spade, alongside Coach and Stuart Weitzman.

“We are moving ahead quickly with a search process. Our strong Kate Spade leadership team, working with [Crevoiserat], will take the business forward aligned with Nicola Glass’s creative vision. Quarter-to-date, Kate Spade’s performance is on track and we are confident in our ability to meet our holiday season goals. We look forward to providing details about our second quarter results during our upcoming earnings call in February.”

The brand, which has been working to refresh itself with new product launches and pop-ups, has still been a problem child for Tapestry since it purchased the brand in 2017. Struggling with low sales, excess inventory and tired designs, the Kate Spade brand’s latest obstacle has been battling tariffs on apparel and jewelry imported from China, where the brand makes a large portion of its ready-to-wear apparel and jewelry. 

Same-store sales for Kate Spade fell 16% in the first quarter, and Tapestry said in November that it expected sales to drop in the high-single digits in the current quarter.

Copyright © 2020 FashionNetwork.com All rights reserved.