- Kate Spade (KATE +1.8%) fared better than peers in a survey of consumer trends run by Mizuho.
- The results were strong enough for the investment firm to conclude that KS can evolve into a $4B brand which now includes more apparel, footwear, jewelry, and eyewear.
- Shares of Kate Spade are +3.97% YTD and sit 22% off their 52-week high.