As of Apr 1, 2017, the company operated 136 specialty retail store (109 in North America and 27 international), 82 outlet stores (68 North America and 14 international) and 53 concessions outside North America. Additionally, there were 105 partner operated stores and 47 joint venture stores in Greater China.
In fiscal 2016, the company closed 6 net specialty retail stores in the US, opened 13 net specialty retail stores internationally, opened 1 net outlet store in the US and opened 4 net foreign outlet stores. During the first quarter of fiscal 2017, the company added 2 net stores globally.
All stores are leased, with terms that are typically 5 or 10 years, and some leases have one renewal option. For kate spade new york, specialty retail stores average 2,100 square feet in the US and 1,700 square feet internationally, while outlet stores average 2,600 square feet in the US and 1,900 square feet internationally.
|Total gross square feet (M)||500||494||456||482||314||232|
|Total gross square feet growth||7.8%||8.2%||-5.4%||53.8%||35.4%||50.9%|
|Avg store gross sq ft||1,800||1,800||1,800||1,700||1,500||1,500|
|Avg store gross sq ft growth||3.4%||2.5%||6.5%||13.6%||-2.3%||-22.1%|
Notes:Only includes Kate Spade, Jack Spade and Saturday; exludes Lucky Brand and Juicy Couture