Looks like Kate Spade is trying to become the next Michael Kors (in terms of sales and growth as a company). I am sure the recent slews of sales and discounts are helping them big time.
http://blogs.marketwatch.com/behind...ate-spade-is-looking-like-a-formidable-rival/
I see this as being good and bad. Mk has become soooo common now that I'm actually over the brand! And seems like once Marshall's and TJ max started carrying MK, it was a wrap!