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NEW YORK - JULY 27: Andy Spade, CEO and Creative Director of Kate Spade, and designer Kate Spade attend OPEN from American Express' "Making a Name for Yourself" at Nokia Theater July 27, 2006 in New York City. (Photo by Matthew Peyton/Getty Images For American Express)

NEW YORK - JULY 27:  Andy Spade, CEO and Creative Director of Kate Spade, and designer Kate Spade attend OPEN from American Express' "Making a Name for Yourself" at Nokia Theater July 27, 2006 in New York City.  (Photo by Matthew Peyton/Getty Images For American Express)