In this role, Bakst will be responsible for all aspects of Kate Spade globally and will report to Victor Luis, Tapestry, Inc.’s CEO, who has been leading the brand in an interim capacity since Craig Leavitt’s departure as the CEO in 2017.
Bakst has over 25 years of experience managing and cultivating businesses for global fashion houses, most recently at Michael Kors where, until January 2017, she held the role of group president of accessories and footwear. In her role, she led the global design, production, and merchandising teams, as well as overseeing domestic wholesale distribution. Bakst holds an MBA from Stanford University and a BS in Industrial Engineering from Purdue University. She is on the Board of Directors of Modern Meadow. She is also an associate professor at Pratt Institute’s design management programme.
Victor Luis said, “The appointment of Anna Bakst marks another key step in the evolution of the Kate Spade brand. She brings a rare combination of business acumen, directly related fashion experience and strong leadership skills to the company. Anna’s focus on product innovation – notably in the key categories of accessories and footwear – will be a key pillar of the Kate Spade growth strategy. Her deep experience in design, development, and merchandising, and her global consumer knowledge will be invaluable assets propelling Kate Spade’s next chapter of growth.”
Bakst said, “I am extremely excited about leading Kate Spade’s passionate and accomplished team and joining Tapestry’s house of brands. I believe the Kate Spade business has tremendous opportunity across product categories, channels and geographies. I look forward to leveraging the brand’s global potential and to bringing its unique and empowering feminine positioning to women around the world.” (GK)
Fibre2Fashion News Desk – India