Kate Spade to Launch New Brand

It's no secret that Kate Spade New York is an all-star in digital competence, so perhaps it also shouldn't come as a surprise that its new, lower-priced brand dubbed Saturday will launch online as well as in brick-and-mortar stores come spring. "This is not a diffusion line," said Craig Leavitt, president of Kate Spade. "The entire brand is a vertical proposition; Saturday will stand alone in its own stores and online."