The US-based apparel marketer, Kate Spade & Company has inked a joint venture with Walton Brown to establish a strategic network of stores across China, Hong Kong, Macau and Taiwan. Following the formation of the partnership, both Kate Spade Hong Kong Limited, and Walton Brown will own 50 per cent of the shares of Kate Spade China and KS HMT Co. Limited. Kate Spade & Company will continue wholesale distribution to the JV in China and expects to begin wholesale distribution to Hong Kong, Macau, and Taiwan through the joint venture in the first quarter of 2015.
