Kate Spade & Company.
KATE.US | Retail sale of clothing, footwear and leather articles in specialized stores
Kate Spade & Company (formerly Liz Claiborne Inc.) is a global fashion company that designs and markets a variety of products, including handbags, apparel, jewelry, shoes, gifts, and home decor items. The company operates through various brands, including Kate Spade New York and Jack Spade. Kate Spa...Show More
Better Health for All
0
Kate Spade has comprehensive mental health programs, investing $32 million in mental health and empowerment initiatives globally.
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The company reached 100,000 women and girls with mental health resources by 2024, achieving its 2025 target one year early.
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It has also trained over 900 of its 3,200 North American associates in Mental Health First Aid (MHFA) by June.
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These programs are tailored to retail environments, and 73-74% of Gen Z and Millennials employees have utilized workplace mental health resources.
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The company's core fashion products have no significant positive or negative health impact, and it generates no revenue from products with negative health outcomes. Its products do not have direct safety implications, carry health risks requiring disclosure, or have addiction potential. The company does not offer health-related products or services requiring price accessibility considerations, nor does it collect or manage health-related data. There is no evidence of significant health externalities from its operations, actions during public health emergencies, or involvement in pharmaceutical patents, nutrition, or clinical trials. The training provided to retail employees does not fall under strengthening the healthcare workforce. Quantitative data on the percentage of vulnerable populations reached, share of R&D or capital allocated to health innovation, funding as a percentage of revenue for health equity programs, or health-related expenditure for preventative health measures or public health education was not provided.
Fair Money & Economic Opportunity
0
Kate Spade & Company is a fashion company that designs and markets products like handbags and apparel. As the company does not offer lending, insurance, or deposit services to consumers, most KPIs related to financial products and services are not applicable. Consequently, there is no evidence of APRs, fee structures, customer finance data, or debt products to evaluate, resulting in a score of 0 for `underserved_client_share`, `pricing_fairness`, `exploitative_fee_exposure`, `data_accessibility`, `fair_lending_compliance`, `debt_burden_ratio`, `geographic_inclusion`, and `product_simplicity`. While the company supports social enterprises in its supply chain, such as Abahizi Rwanda
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, these initiatives do not align with the definition of 'inclusion programs' or 'wealth-building outcomes' for financial service customers, nor are they implemented financial literacy programs for customers, leading to a score of 0 for `inclusion_initiatives`, `wealth_building_outcome`, and `financial_literacy_initiatives`. Additionally, the reported 2% of net sales donated for community investment
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does not provide the required 'pre-tax profit reinvestment' metric for `profit_reinvestment`, thus scoring 0.
Fair Pay & Worker Respect
-60
Kate Spade is linked to nine factories that have targeted over 4,870 union members with unfair dismissals, according to a recent report.
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The brand no longer has any union agreements.
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In 2024, the CEO-to-median employee pay ratio was 579:1.
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Fair Trade & Ethical Sourcing
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Tapestry, the parent company of Kate Spade, conducts semi-announced annual audits of its Tier 1 and some Tier 2 suppliers through independent third-party firms.
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In fiscal year 2024, 77% of Tier 1 suppliers were audited.
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All suppliers are required to sign and comply with the company's Supplier Code of Conduct, which covers social, ethical, and environmental requirements.
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For fiscal year 2024, no evidence of modern slavery or child labor was found, meaning no remediation measures were necessary.
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Honest & Fair Business
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No specific quantitative data or detailed qualitative information is provided across the articles to assess the company against the defined KPIs for Honest & Fair Business. While an Anti-Corruption Policy
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and an EthicsPoint system
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for ethics and compliance reporting are mentioned, the articles lack the necessary details on their scope, implementation, effectiveness, or specific outcomes to align with any of the rubric's scoring tiers.
Kind to Animals
-50
Kate Spade's formal animal welfare policy is not aligned with the Five Domains of Animal Welfare.
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The company uses animal-derived materials such as leather, shearling, wool, alpaca, and decorative exotic feathers.
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PETA exposés have revealed severe cruelty in the alpaca industry, including workers hitting, kicking, tying down, and mutilating pregnant alpacas.
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Similarly, the mohair industry has been documented with workers dragging, throwing, mutilating, and cutting the throats of conscious goats.
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PETA has called on Kate Spade to stop selling alpaca fleece and mohair items.
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No War, No Weapons
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No evidence available to assess Kate Spade & Company on No War, No Weapons.
Planet-Friendly Business
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The company has met its science-based targets for Scope 1 and 2 greenhouse gas emissions reductions.
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While the company's parent, Tapestry, has developed 33 megawatts of community solar projects
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and committed to purchasing over 50,000 megawatt hours of renewable energy per year
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, and aims for 100% renewable electricity by 2025
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, the current percentage of operational energy from renewables is not specified. Similarly, a specific product, the Coach Soho Bag, achieved up to an 80% reduction in GHG emissions and up to 95% less water consumption
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, but company-wide figures for packaging CO2 reduction or water use per revenue are not provided. No other KPIs had sufficient, quantifiable evidence for scoring.
Respect for Cultures & Communities
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No evidence available to assess Kate Spade & Company on Respect for Cultures & Communities.
Safe & Smart Tech
-20
Kate Spade experienced a data breach discovered on February 3, 2024, which exposed home addresses of 700,000 customers
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and 3.5 million loyalty card accounts
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due to misconfigured cloud storage
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. Its parent company, Tapestry, provides annual security and privacy industry-specific training to employees and conducts periodic phishing simulations
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. Tapestry also performs continuous scanning of its technology environment to identify and remediate potential vulnerabilities
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and conducts compliance audits and risk assessments related to the global payment card industry
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.
Zero Waste & Sustainable Products
-20
Tapestry, Kate Spade's parent company, achieved an 85% waste diversion rate from landfills at its corporate North America locations in FY2024.
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The company has set targets to achieve zero waste (>90% landfill diversion) at these sites by 2025
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and a 25% reduction in North America corporate and distribution center waste below 2018 levels by 2025.
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In FY2024, 66% of consumer packaging by weight was made from recycled content.
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For product materials, 80% of polyester and 48% of polyamide were from pre- or post-consumer recycled sources in FY2024.
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Tapestry has implemented over 10 waste reduction initiatives, including Kate Spade's "Pre-Loved" partnership with ThredUp,
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centralized waste stations, recycling programs, and donating surplus materials.
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Tapestry held an inaugural Circular Design Workshop in 2022 to encourage designers to explore circular design principles.
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The company has not reported any waste disposal violations in the past three years.