Kate Spade Sourcing Teardown Shows Hong Kong Matters Most — Panjiva
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Kate Spade Sourcing Teardown Shows Hong Kong Matters Most

China 3006 Earnings 744 Mergers 220 South Korea 596 U.S. 5354

Apparel and accessories retailer Kate Spade is looking at “strategic alternatives”, focussed on its e-commerce business. The company reported 10% revenue growth in the fourth quarter on a year earlier, with Panjiva data showing a 4% rise in imports to the U.S. by sea. January saw growth of around two-thirds, possibly as the company seeks to preempt new tariffs. A teardown of the company’s sourcing shows 38% of its supplies come from Hong Kong and 25% from Vietnam. While its largest import line of handbags is sourced from six countries, footwear comes only from Hong Kong and its non-preci...

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