HONG KONG — Kate Spade has signed a distribution deal with Hong Kong-based Globalluxe Limited that will see 15 retail spaces open in Asia during the next three years.

The first, an 1,800-square-foot flagship, opened last week in Hong Kong. "This is the first store in Asia to have the beauty line," said Globalluxe president and chief executive David Ting, "It hasn’t even been launched yet in Japan."

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