Following Tapestry Inc., formerly Coach, Inc.’s aqcuisition of Kate Spade, creative director Deborah Lloyd, has announced she will be leaving the brand at the end of the year.
Lloyd, who held the position for 10 years at Kate Spade will be replaced by Nicola Glass, currently senior vice president of accessories design at Michael Kors. She will report to Victor Luis, the CEO of Tapestry and the interim president and CEO of Kate Spade. (Former CEO Craig Leavitt departed in August).
“There are very few creative executives like her, who have both the talent to lead creative teams and the appreciation and understanding of how to scale a growing handbag and accessories-driven business. We are extremely pleased that she will be leading the strong creative team already in place, while bringing her unique aesthetic and personal style to Kate Spade. Nicola fully understands the feminine, fun and fashionable style of and is excited to bring its distinctive style to global audiences,” Luis said in a statement. In regards to Lloyd, he said, “We have great admiration for Deborah’s accomplishments and her vision and creative leadership have been instrumental to the growth of Kate Spade.”