Kate Spade & Co (KATE) Inactive 10-K3 Mar 152014 FY Annual reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
Document and Entity Information (USD $)	Jan. 03, 2015	Feb. 20, 2015	Jul. 05, 2014
Document and Entity Information
Entity Registrant Name	Kate Spade & Co.
Entity Central Index Key	352363
Document Type	10-K
Document Period End Date	3-Jan-15
Amendment Flag	FALSE
Current Fiscal Year End Date	-2
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Common Stock, Shares Outstanding		127,416,971
Entity Public Float			$4,760,642,000
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Jan. 03, 2015	Dec. 28, 2013
In Thousands, unless otherwise specified	Jan. 03, 2015	Dec. 28, 2013
Current Assets:
Cash and cash equivalents	$184,044	$130,222
Accounts receivable - trade, net	90,091	89,554
Inventories, net	158,241	184,634
Deferred income taxes	616	218
Other current assets	41,508	45,031
Assets held for sale		202,054
Total current assets	474,500	651,713
Property and Equipment, Net	174,072	149,071
Goodwill	64,798	49,111
Intangibles, Net	90,327	90,678
Deferred Income Taxes	56	57
Note Receivable	88,976
Other Assets	33,609	36,881
Total Assets	926,338	977,511
Current Liabilities:
Short-term borrowings	10,459	3,407
Accounts payable	88,402	142,654
Accrued expenses	150,926	200,178
Income taxes payable	3,008	2,631
Liabilities held for sale		96,370
Total current liabilities	252,795	445,240
Long-Term Debt	400,284	390,794
Other Non-Current Liabilities	56,465	157,335
Deferred Income Taxes	17,183	16,624
Commitments and Contingencies (Note 9)
Stockholders' Equity (Deficit):
Preferred stock, $0.01 par value, authorized shares - 50,000,000, issued shares - none
Common stock, $1.00 par value, authorized shares - 250,000,000, issued shares - 176,437,234	176,437	176,437
Capital in excess of par value	199,100	155,984
Retained earnings	1,145,643	1,020,633
Accumulated other comprehensive loss	-29,986	-20,879
Total Kate Spade & Company, stockholders' deficit, excluding treasury stock	1,491,194	1,332,175
Common stock in treasury, at cost - 49,065,798 and 53,501,234 shares	-1,291,583	-1,364,657
Total stockholders' equity (deficit)	199,611	-32,482
Total Liabilities and Stockholders' Equity (Deficit)	$926,338	$977,511

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Jan. 03, 2015	Dec. 28, 2013
CONDENSED CONSOLIDATED BALANCE SHEETS
Preferred stock, par value (in dollars per share)	$0.01	$0.01
Preferred stock, authorized shares	50,000,000	50,000,000
Preferred stock, issued shares	0	0
Common stock, par value (in dollars per share)	$1	$1
Common stock, authorized shares	250,000,000	250,000,000
Common stock, issued shares	176,437,234	176,437,234
Common stock in treasury, shares	49,065,798	53,501,234

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
Net Sales	$1,138,603	$803,371	$544,765
Cost of goods sold	458,332	306,781	204,833
Gross Profit	680,271	496,590	339,932
Selling, general & administrative expenses	645,266	473,075	375,954
Impairment of intangible assets	1,533	3,300
Operating Income (Loss)	33,472	20,215	-36,022
Other expense, net	-4,033	-2,062	-325
Impairment of cost investment		-6,109
Gain on acquisition of subsidiary			40,065
Loss on extinguishment of debt	-16,914	-1,707	-9,754
Interest expense, net	-20,178	-47,065	-51,612
Loss Before Benefit for Income Taxes	-7,653	-36,728	-57,648
Benefit for income taxes	-84,379	-4,563	-4,961
Income (Loss) from Continuing Operations	76,726	-32,165	-52,687
Discontinued operations, net of income tax	82,434	105,160	-21,818
Net income (loss)	$159,160	$72,995	($74,505)
Earnings per Share, Basic:
Income (Loss) from Continuing Operations (in dollars per share)	$0.61	($0.27)	($0.48)
Net Income (Loss) (in dollars per share)	$1.26	$0.60	($0.68)
Earnings per Share, Diluted:
Income (Loss) from Continuing Operations (in dollars per share)	$0.60	($0.27)	($0.48)
Net Income (Loss) (in dollars per share)	$1.25	$0.60	($0.68)
Weighted Average Shares, Basic (in shares)	126,264	121,057	109,292
Weighted Average Shares, Diluted (in shares)	127,019	121,057	109,292

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
Net Income (Loss)	$159,160	$72,995	($74,505)
Other Comprehensive Income (Loss), Net of Income Taxes:
Cumulative translation adjustment, net of income taxes of $0	-10,234	-11,788	-3,990
Unrealized losses on available-for-sale securities, net of income taxes of $0			-160
Change in fair value of cash flow hedging derivatives, net of income taxes of $566, $602 and $0, respectively	1,127	983
Comprehensive Income (Loss)	$150,053	$62,190	($78,655)

CONSOLIDATED_STATEMENTS_OF_COM1

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
Cumulative translation adjustment, income taxes	$0	$0	$0
Unrealized losses on available-for-sale securities, income taxes	0	0	0
Change in fair value of cash flow hedges, income taxes	$566	$602	$0

CONSOLIDATED_STATEMENT_OF_RETA

CONSOLIDATED STATEMENT OF RETAINED EARNINGS, ACCUMULATED COMPREHENSIVE LOSS AND CHANGES IN CAPITAL ACCOUNTS (USD $)	Common Stock	Capital in Excess of Par Value	Retained Earnings	Accumulated Other Comprehensive Loss [Member]	Treasury Shares	Total
In Thousands, except Share data, unless otherwise specified	Common Stock	Capital in Excess of Par Value	Retained Earnings	Accumulated Other Comprehensive Loss [Member]	Treasury Shares	Total
BALANCE at Dec. 31, 2011	$176,437	$302,330	$1,246,063	($5,924)	($1,827,892)	($108,986)
BALANCE (in shares) at Dec. 31, 2011	176,437,234				75,592,899
Activity in the Capital in excess of par value, Retained earnings and Common stock in treasury, at cost
Net income (loss)			-74,505			-74,505
Other Comprehensive Income (Loss), Net of Income Taxes				-4,150		-4,150
Exercise of stock options		-10,642	-2,929		19,776	6,205
Exercise of stock options (in shares)					-1,340,325
Restricted shares issued, net of cancellations and shares withheld for taxes		-3,791	-195		2,619	-1,367
Restricted shares issued, net of cancellations and shares withheld for taxes (in shares)					-204,278
Amortization - share-based compensation		7,779				7,779
Exchanges of Convertible Senior Notes, net		-148,658	-96,883		293,635	48,094
Exchanges of Convertible Senior Notes, net (in shares)					-14,197,106
BALANCE at Dec. 29, 2012	176,437	147,018	1,071,551	-10,074	-1,511,862	-126,930
BALANCE (in shares) at Dec. 29, 2012	176,437,234				59,851,190
Activity in the Capital in excess of par value, Retained earnings and Common stock in treasury, at cost
Net income (loss)			72,995			72,995
Other Comprehensive Income (Loss), Net of Income Taxes				-10,805		-10,805
Exercise of stock options			-5,959		10,782	4,823
Exercise of stock options (in shares)					-544,200
Restricted shares issued, net of cancellations and shares withheld for taxes			-5,724		3,422	-2,302
Restricted shares issued, net of cancellations and shares withheld for taxes (in shares)					-171,577
Amortization - share-based compensation		9,618				9,618
Exchanges of Convertible Senior Notes, net		-652	-112,230		133,001	20,119
Exchanges of Convertible Senior Notes, net (in shares)					-5,634,179
BALANCE at Dec. 28, 2013	176,437	155,984	1,020,633	-20,879	-1,364,657	-32,482
BALANCE (in shares) at Dec. 28, 2013	176,437,234				53,501,234
Activity in the Capital in excess of par value, Retained earnings and Common stock in treasury, at cost
Net income (loss)			159,160			159,160
Other Comprehensive Income (Loss), Net of Income Taxes				-9,107		-9,107
Exercise of stock options			-23,266		65,215	41,949
Exercise of stock options (in shares)					-4,101,331
Restricted shares issued, net of cancellations and shares withheld for taxes			-10,884		7,859	-3,025
Restricted shares issued, net of cancellations and shares withheld for taxes (in shares)					-425,105
Amortization - share-based compensation		43,116				43,116
BALANCE at Jan. 03, 2015	$176,437	$199,100	$1,145,643	($29,986)	($1,291,583)	$199,611
BALANCE (in shares) at Jan. 03, 2015	176,437,234				49,065,798

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOW (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012
Cash Flows from Operating Activities:
Net income (loss)	$159,160	$72,995	($74,505)
Adjustment to arrive at income (loss) from continuing operations	-82,434	-105,160	21,818
Income (Loss) from Continuing Operations	76,726	-32,165	-52,687
Adjustments to reconcile income (loss) from continuing operations to net cash provided by (used in) operating activities:
Depreciation and amortization	54,438	38,780	35,837
Impairment of intangible assets	1,533	3,300
Loss on asset disposals and impairments, including streamlining initiatives, net	13,063	8,110	28,685
Deferred income taxes	-350	-3,665	-6,384
Share-based compensation	37,270	7,269	6,911
Foreign Currency Transaction Gain (Loss), Unrealized	6,535	9,656	1,579
Business Combination, Bargain Purchase, Gain Recognized, Amount			-40,065
Gains (Losses) on Extinguishment of Debt	16,914	1,707	9,754
Other Noncash Income (Expense)	2,570	1,250	1,180
Changes in assets and liabilities:
Increase in accounts receivable - trade, net	-27,643	-1,167	-3,333
Increase in inventories, net	-21,903	-47,115	-11,978
(Increase) decrease in other current and non-current assets	-12,840	-8,753	1,208
(Decrease) increase in accounts payable	-9,681	21,695	3,887
Decrease in accrued expenses and other non-current liabilities	-9,006	-34,337	-49,680
(Decrease) increase in income taxes payable	-83,062	2,243	814
Net cash (used in) provided by operating activities of discontinued operations	-30,200	9,161	85,630
Net cash provided by (used in) operating activities	14,364	-24,031	11,358
Cash Flows from Investing Activities:
Proceeds from sales of property and equipment		20,264
Purchases of property and equipment	-93,609	-65,130	-46,999
Net proceeds from disposition		4,000
Payments for purchases of businesses	-32,268		-41,027
Payments for in-store merchandise shops	-6,344	-2,461	-1,366
Investments in and advances to equity investees	-2,400	-5,500	-5,000
Other, net	17	-363	1,598
Net cash provided by (used in) investing activities of discontinued operations	137,759	143,306	-38,301
Net cash provided by (used in) investing activities	3,155	94,116	-131,095
Cash Flows from Financing Activities:
Proceeds from borrowings under revolving credit agreement	8,411	650,553	247,097
Repayment of borrowings under revolving credit agreement	-4,960	-647,706	-247,097
Proceeds from issuance of Term Loan	398,000
Repayment of Senior Notes	-390,693
Repayment of Term Loan	-2,000
Proceeds from issuance of Senior Secured Notes			164,540
Repayment of Euro Notes			-158,027
Proceeds from capital lease		8,673
Principal payments under capital lease obligations	-410	-4,651	-4,476
Proceeds from exercise of stock options	41,949	4,823	6,205
Payment of deferred financing fees	-9,712	-5,597	-7,140
Net cash provided by financing activities	40,585	6,095	1,102
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-4,282	-5,197	-1,899
Net Change in Cash and Cash Equivalents	53,822	70,983	-120,534
Cash and Cash Equivalents at Beginning of Period	130,222	59,402	179,936
Cash and Cash Equivalents at End of Period	184,044	130,222	59,402
Less: Cash and Cash Equivalents Held for Sale		163
Cash and Cash Equivalents	$184,044	$130,222	$59,402

BASIS_OF_PRESENTATION_AND_SIGN

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Jan. 03, 2015
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES	NOTE 1: BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES
	NATURE OF OPERATIONS AND BASIS OF PRESENTATION
	Kate Spade & Company and its wholly-owned and majority-owned subsidiaries (the "Company") are engaged primarily in the design and marketing of a broad range of accessories and apparel. The Company operates its kate spade new york, KATE SPADE SATURDAY and JACK SPADE brands through one operating segment in North America and four operating segments internationally: Japan, Southeast Asia, Europe and Latin America. The Company's Adelington Design Group reportable segment is also an operating segment. The three reportable segments described below represent the Company's activities for which separate financial information is available and which is utilized on a regular basis by the Company's chief operating decision maker ("CODM") to evaluate performance and allocate resources. In identifying the Company's reportable segments, the Company considers its management structure and the economic characteristics, products, customers, sales growth potential and long-term profitability of its operating segments. As such, the Company configured its operations into the following three reportable segments:
	•	KATE SPADE North America segment — consists of the Company's kate spade new york, KATE SPADE SATURDAY and JACK SPADE brands in North America.
	•	KATE SPADE International segment — consists of the Company's kate spade new york, KATE SPADE SATURDAY and JACK SPADE brands in International markets (principally in Japan, Southeast Asia, Europe and Latin America).
	•	Adelington Design Group segment — consists of: (i) exclusive arrangements to supply jewelry for the LIZ CLAIBORNE and MONET brands; (ii) the wholesale apparel and wholesale non-apparel operations of the licensed LIZWEAR brand and other brands; and (iii) the licensed LIZ CLAIBORNE NEW YORK brand.
	On February 5, 2014, the Company, through its Kate Spade, LLC and Kate Spade Hong Kong Ltd. subsidiaries, reacquired existing KATE SPADE businesses in Southeast Asia from Globalluxe Kate Spade HK Limited ("Globalluxe") for $32.3 million, including $2.3 million for working capital and other previously agreed adjustments. In the first quarter of 2015, the Company and Walton Brown, a subsidiary of The Lane Crawford Joyce Group ("LCJG"), agreed to form two joint ventures focused on growing the Company's business in China and Hong Kong, Macau and Taiwan (see Note 2 — Acquisitions and Note 23 — Subsequent Events).
	On February 3, 2014, the Company completed the sale of 100.0% of the capital stock of Lucky Brand Dungarees, Inc. ("Lucky Brand") to LBD Acquisition Company, LLC ("LBD Acquisition"), a Delaware limited liability company and affiliate of Leonard Green & Partners, L.P. ("Leonard Green"), for an aggregate payment of $225.0 million, comprised of $140.0 million cash consideration and a three-year $85.0 million note (the "Lucky Brand Note") issued by Lucky Brand Dungarees, LLC ("Lucky Brand LLC") at closing, subject to working capital and other adjustments (the "Lucky Brand Transaction"). The assets and liabilities of the former Lucky Brand business were segregated and reported as held for sale as of December 28, 2013 (see Note 3 — Discontinued Operations). The Lucky Brand Note matures in February 2017 and is guaranteed by substantially all of Lucky Brand LLC's subsidiaries. The Lucky Brand Note is secured by second-priority lien on all accounts receivable and inventory of Lucky Brand LLC and the guarantor subsidiaries and a first-priority lien on all other collateral of Lucky Brand LLC and the guarantors. The accounts receivable and inventory secure Lucky Brand LLC's asset-based revolving loan facility on a first-priority basis, and the other collateral secures that loan facility on a second-priority basis. The principal amount of the Lucky Brand Note increases by $5.0 million per year in equal monthly increments and bears cash interest of $8.0 million per year, payable semiannually in arrears. The Lucky Brand Note is prepayable at any time by Lucky Brand LLC without a prepayment premium, subject to certain restrictions as to the minimum amount that may be prepaid without the Company's consent.
	On November 6, 2013, the Company completed the sale of its Juicy Couture brandname and related intellectual property assets (the "Juicy Couture IP") to an affiliate of Authentic Brands Group ("ABG") for a total purchase price of $195.0 million. An additional payment may be payable to the Company in an amount of up to $10.0 million if certain conditions regarding future performance are achieved. The Juicy Couture IP was licensed back to the Company to accommodate the wind-down of operations, which was substantially completed in the second quarter of 2014. The Company's subsidiary, Juicy Couture, Inc., paid guaranteed minimum royalties to ABG of $10.0 million during the term of the wind-down license. On March 29, 2014, the Company entered into an agreement to sell its Juicy Couture business in Europe to an operating partner of ABG for $8.6 million, subject to working capital adjustments. The transaction closed on April 7, 2014.
	On November 19, 2013, the Company entered into an agreement to terminate the lease of the Juicy Couture flagship store on Fifth Avenue in New York City in exchange for $51.0 million. On May 15, 2014, the Company surrendered such premises to the landlord and received proceeds of $45.8 million (net of taxes and fees), in addition to $5.0 million previously received by the Company.
	The activities of the Company's former Lucky Brand and Juicy Couture businesses have been segregated and reported as discontinued operations for all periods presented.
	Summarized financial data for the aforementioned brands that are classified as discontinued operations are provided in Note 3 — Discontinued Operations.
	PRINCIPLES OF CONSOLIDATION
	The Consolidated Financial Statements include the accounts of the Company. All inter-company balances and transactions have been eliminated in consolidation.
	USE OF ESTIMATES AND CRITICAL ACCOUNTING POLICIES
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Consolidated Financial Statements. These estimates and assumptions also affect the reported amounts of revenues and expenses. Estimates by their nature are based on judgments and available information. Therefore, actual results could materially differ from those estimates under different assumptions and conditions.
	Critical accounting policies are those that are most important to the portrayal of the Company's financial condition and results of operations and require management's most difficult, subjective and complex judgments as a result of the need to make estimates about the effect of matters that are inherently uncertain. The Company's most critical accounting policies, discussed below, pertain to revenue recognition, income taxes, accounts receivable — trade, inventories, intangible assets, goodwill, accrued expenses and share-based compensation. In applying such policies, management must use some amounts that are based upon its informed judgments and best estimates. Due to the uncertainty inherent in these estimates, actual results could differ from estimates used in applying the critical accounting policies. Changes in such estimates, based on more accurate future information, may affect amounts reported in future periods.

	Revenue Recognition
	The Company recognizes revenue from its direct-to-consumer, wholesale and licensing operations. Retail store and e-commerce revenues are recognized net of estimated returns at the time of sale to consumers. Sales tax collected from customers is excluded from revenue. Proceeds received from the sale of gift cards are recorded as a liability and recognized as sales when redeemed by the holder. The Company does not recognize revenue for estimated gift card breakage. Revenue within the Company's wholesale operations is recognized at the time title passes and risk of loss is transferred to customers. Wholesale revenue is recorded net of returns, discounts and allowances. Returns and allowances require pre-approval from management. Discounts are based on trade terms. Estimates for end-of-season allowances are based on historical trends, seasonal results, an evaluation of current economic conditions and retailer performance. The Company reviews and refines these estimates on a monthly basis based on current experience, trends and retailer performance. The Company's historical estimates of these costs have not differed materially from actual results. Licensing revenues, which amounted to $16.2 million, $17.8 million and $19.6 million during 2014, 2013 and 2012, respectively, are recorded based upon contractually guaranteed minimum levels and adjusted as actual sales data is received from licensees.

	Income Taxes
	Deferred income tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, as measured by enacted tax rates that are expected to be in effect in the periods when the deferred tax assets and liabilities are expected to be realized or settled. The Company also assesses the likelihood of the realization of deferred tax assets and adjusts the carrying amount of these deferred tax assets by a valuation allowance to the extent the Company believes it more likely than not that all or a portion of the deferred tax assets will not be realized. Many factors are considered when assessing the likelihood of future realization of deferred tax assets, including recent earnings results within taxing jurisdictions, expectations of future taxable income, the carryforward periods available and other relevant factors. Changes in the required valuation allowance are recorded in income in the period such determination is made. Significant judgment is required in determining the worldwide provision for income taxes. Changes in estimates may create volatility in the Company's effective tax rate in future periods for various reasons including changes in tax laws or rates, changes in forecasted amounts and mix of pretax income (loss), settlements with various tax authorities, either favorable or unfavorable, the expiration of the statute of limitations on some tax positions and obtaining new information about particular tax positions that may cause management to change its estimates. In the ordinary course of a global business, the ultimate tax outcome is uncertain for many transactions. It is the Company's policy to recognize the impact of an uncertain income tax position on its income tax return at the largest amount that is more likely than not to be sustained upon audit by the relevant taxing authority. An uncertain income tax position will not be recognized if it has less than a 50.0% likelihood of being sustained. The tax provisions are analyzed periodically (at least quarterly) and adjustments are made as events occur that warrant adjustments to those provisions. The Company records interest expense and penalties payable to relevant tax authorities as income tax expense.

	Accounts Receivable — Trade, Net
	In the normal course of business, the Company extends credit to customers that satisfy pre-defined credit criteria. Accounts receivable — trade, net, as shown on the Consolidated Balance Sheets, is net of allowances and anticipated discounts. An allowance for doubtful accounts is determined through analysis of the aging of accounts receivable at the date of the financial statements, assessments of collectibility based on an evaluation of historical and anticipated trends, the financial condition of the Company's customers and an evaluation of the impact of economic conditions. An allowance for discounts is based on those discounts relating to open invoices where trade discounts have been extended to customers. Costs associated with potential returns of products as well as allowable customer markdowns and operational charge backs, net of expected recoveries, are included as a reduction to sales and are part of the provision for allowances included in Accounts receivable — trade, net. These provisions result from seasonal negotiations with the Company's customers as well as historical deduction trends, net of expected recoveries, and the evaluation of current market conditions. The Company's historical estimates of these costs have not differed materially from actual results.

	Inventories, Net
	Inventories for seasonal, replenishment and on-going merchandise are recorded at the lower of actual average cost or market value. The Company continually evaluates the composition of its inventories by assessing slow-turning, ongoing product as well as prior seasons' fashion product. Market value of distressed inventory is estimated based on historical sales trends for this category of inventory of the Company's individual product lines, the impact of market trends and economic conditions and the value of current orders in-house relating to the future sales of this type of inventory. Estimates may differ from actual results due to quantity, quality and mix of products in inventory, consumer and retailer preferences and market conditions. The Company's historical estimates of these costs and its provisions have not differed materially from actual results.

	Intangibles, Net
	Intangible assets with indefinite lives are not amortized, but rather tested for impairment at least annually. The Company's annual impairment test is performed as of the first day of the third fiscal quarter.
	The Company assesses qualitative factors to determine whether the existence of events and circumstances indicates that it is more likely than not that the indefinite-lived intangible asset is impaired. If, after assessing the totality of events and circumstances, the Company concludes that it is not more likely than not that an indefinite-lived intangible asset is impaired, then the Company is not required to take further action. However, if the Company concludes otherwise, then it is required to determine the fair value of the indefinite-lived intangible asset and perform the quantitative impairment test by comparing the fair value with the carrying amount. The Company estimates the fair value of these intangible assets based on an income approach using the relief-from-royalty method. This methodology assumes that, in lieu of ownership, a third party would be willing to pay a royalty in order to exploit the related benefits of these types of assets. This approach is dependent on a number of factors, including estimates of future growth and trends, royalty rates in the category of intellectual property, discount rates and other variables. The Company bases its fair value estimates on assumptions it believes to be reasonable, but which are unpredictable and inherently uncertain. Actual future results may differ from those estimates. The Company recognizes an impairment loss when the estimated fair value of the intangible asset is less than the carrying value.
	The recoverability of the carrying values of all intangible assets with finite lives is re-evaluated when events or changes in circumstances indicate an asset's value may be impaired. Impairment testing is based on a review of forecasted operating cash flows. If such analysis indicates that the carrying value of these assets is not recoverable, the carrying value of such assets is reduced to fair value through a charge to the Consolidated Statement of Operations.
	Intangible assets with finite lives are amortized over their respective lives to their estimated residual values. Trademarks with finite lives are amortized over their estimated useful lives. Intangible merchandising rights are amortized over a period of 3 to 4 years. Customer relationships are amortized assuming gradual attrition over periods ranging from 12 to 14 years.
	In the fourth quarter of 2014 and the third quarter of 2013, the Company recorded non-cash impairment charges of $1.5 million and $3.3 million, respectively, which reflected the difference in the estimated fair value and carrying value of the TRIFARI trademark (see Note 11 — Fair Value Measurements).
	As a result of the impairment analysis performed in connection with the Company's purchased trademarks with indefinite lives, no impairment charges were recorded during 2012.

	Goodwill
	Goodwill is not amortized but rather tested for impairment at least annually. The Company's annual impairment test is performed as of the first day of the third fiscal quarter.
	The Company assesses qualitative factors to determine whether the existence of events and circumstances indicates that it is more likely than not that goodwill is impaired. If, after assessing the totality of events and circumstances, the Company concludes that it is not more likely than not that goodwill is impaired, then the Company is not required to take further action. However, if the Company concludes otherwise, then it is required to determine the fair value of goodwill and perform the quantitative impairment test by comparing the fair value and carrying amount of the related reporting unit. A two-step impairment test is then performed on goodwill. In the first step, the Company compares the fair value of each reporting unit to its carrying value. The Company determines the fair value of its reporting units using the market approach, as is typically used for companies providing products where the value of such a company is more dependent on the ability to generate earnings than the value of the assets used in the production process. Under this approach, the Company estimates fair value based on market multiples of revenues and earnings for comparable companies. The Company also uses discounted future cash flow analyses to corroborate these fair value estimates. If the fair value of the reporting unit exceeds the carrying value of the net assets assigned to that reporting unit, goodwill is not impaired, and the Company is not required to perform further testing. If the carrying value of the net assets assigned to the reporting unit exceeds the fair value of the reporting unit, then the Company must perform the second step in order to determine the implied fair value of the reporting unit's goodwill and compare it to the carrying value of the reporting unit's goodwill. The activities in the second step include valuing the tangible and intangible assets of the impaired reporting unit based on their fair value and determining the fair value of the impaired reporting unit's goodwill based upon the residual of the summed identified tangible and intangible assets.
	As a result of the impairment analysis performed in connection with the Company's goodwill, no impairment charges were recorded during 2014, 2013 or 2012.
	During 2014, the Company recorded additional goodwill as a result of the reacquisition of the KATE SPADE business in Southeast Asia; a portion of the goodwill will be reclassified to Investment in unconsolidated subsidiary in the first quarter of 2015 upon closing of the joint venture with Walton Brown (see Note 2 — Acquisitions and Note 23 — Subsequent Events).

	Accrued Expenses
	Accrued expenses for employee insurance, workers' compensation, contracted advertising and other outstanding obligations are assessed based on claims experience and statistical trends, open contractual obligations and estimates based on projections and current requirements. If these trends change significantly, then actual results would likely be impacted.

	Share-Based Compensation
	The Company recognizes compensation expense based on the fair value of employee share-based awards, including stock options, restricted stock and restricted stock with market conditions that impact vesting, net of estimated forfeitures. Determining the fair value of options at the grant date requires judgment, including estimating the expected term that stock options will be outstanding prior to exercise, the associated volatility and the expected dividends. Judgment is required in estimating the amount of share-based awards expected to be forfeited prior to vesting. Determining the fair value of shares with market conditions at the grant date requires judgment, including the weighting of historical and estimated implied volatility of the Company's stock price and where appropriate, a market index. If actual forfeitures differ significantly from these estimates, share-based compensation expense could be materially impacted.
	OTHER SIGNIFICANT ACCOUNTING POLICIES
	Fair Value Measurements
	The Company applies the relevant accounting guidance on fair value measurements to (i) all financial instruments that are being measured and reported on a fair value basis; (ii) non-financial assets and liabilities measured and reported at fair value on a non-recurring basis; and (iii) disclosures of fair value of certain financial assets and liabilities.
	The following fair value hierarchy is used in selecting inputs for those instruments measured at fair value that distinguishes between assumptions based on market data (observable) and the Company's assumptions (unobservable inputs). The hierarchy consists of three levels.
	Level 1 — Quoted market prices in active markets for identical assets or liabilities;
	Level 2 — Inputs other than Level 1 inputs that are either directly or indirectly observable; and
	Level 3 — Unobservable inputs developed using estimates and assumptions developed by the Company, which reflect those that a market participant would use.
	The fair values of the Company's Level 2 derivative instruments were primarily based on observable forward exchange rates. Unobservable quantitative inputs used in the valuation of the Company's derivative instruments included volatilities, discount rates and estimated credit losses.
	Fair value measurement for the Company's assets assumes the highest and best use (the use that generates the highest returns individually or as a group) for the asset by market participants, considering the use of the asset that is physically possible, legally permissible, and financially feasible at the measurement date. This applies even if the intended use of the asset by the Company is different.
	Fair value measurement for the Company's liabilities assumes that the liability is transferred to a market participant at the measurement date and that the nonperformance risk relating to the liability is the same before and after the transaction. Nonperformance risk refers to the risk that the obligation will not be fulfilled and includes the Company's own credit risk.
	The Company does not apply fair value measurement to any instruments not required to be measured at fair value on a recurring basis.

	Cash and Cash Equivalents
	All highly liquid investments with an original maturity of three months or less at the date of purchase are classified as cash equivalents.

Property and Equipment, Net
Property and equipment is stated at cost less accumulated depreciation and amortization. Building improvements are depreciated using the straight-line method over their estimated useful lives of 20 to 39 years. Machinery and equipment and furniture and fixtures are depreciated using the straight-line method over their estimated useful lives of three to seven years. Leasehold improvements are depreciated over the shorter of the remaining lease term or the estimated useful lives of the assets. Costs for maintenance and repairs are expensed as incurred. Leased property meeting certain capital lease criteria is capitalized and the present value of the related lease payments is recorded as a liability. Amortization of capitalized leased assets is recorded on the straight-line method over the shorter of the estimated useful life of the asset or the lease term. The Company recognizes a liability for the fair value of an asset retirement obligation ("ARO") if the fair value can be reasonably estimated. The Company's ARO's are primarily associated with the removal and disposal of leasehold improvements at the end of a lease term when the Company is contractually obligated to restore a facility to a condition specified in the lease agreement. Amortization of ARO's is recorded on a straight-line basis over the lease term.
The Company capitalizes the costs of software developed or obtained for internal use. Capitalization of software developed or obtained for internal use commences during the development phase of the project. The Company amortizes software developed or obtained for internal use on a straight-line basis over five years, when such software is substantially ready for use.
The Company evaluates the recoverability of property and equipment if circumstances indicate an impairment may have occurred. This analysis is performed by comparing the respective carrying values of the assets to the current and expected future cash flows to be generated from such assets, on an undiscounted basis. If such analysis indicates that the carrying value of these assets is not recoverable, the carrying value of the impaired assets is reduced to fair value through a charge to the Company's Consolidated Statement of Operations.
The Company recorded pretax charges of $10.4 million in 2014, $1.5 million in 2013 and $26.4 million in 2012 to reduce the carrying values of certain property and equipment to their estimated fair values (see Note 11 — Fair Value Measurements).

Operating Leases
The Company leases office space, retail stores and distribution facilities. Many of these operating leases provide for tenant improvement allowances, rent increases and/or contingent rent provisions. Rental expense is recognized on a straight-line basis commencing with the possession date of the property, which is the earlier of the lease commencement date or the date when the Company takes possession of the property. Certain store leases include contingent rents that are based on a percentage of retail sales over stated thresholds. Tenant allowances are amortized on a straight-line basis over the life of the lease as a reduction of rent expense and are included in Selling, general & administrative expenses ("SG&A").
The Company leases retail stores under leases with terms that are typically five or ten years. The Company amortizes rental abatements, construction allowances and other rental concessions classified as deferred rent on a straight-line basis over the initial term of the lease. The initial lease term can include one renewal under limited circumstances if the renewal is reasonably assured, based on consideration of all of the following factors: (i) a written renewal at the Company's option or an automatic renewal; (ii) there is no minimum sales requirement that could impair the Company's ability to renew; (iii) failure to renew would subject the Company to a substantial penalty; and (iv) there is an established history of renewals in the format or location.

Derivative Instruments
The Company's derivative instruments are recorded in the Consolidated Balance Sheets as either an asset or liability and measured at their fair value. The changes in a derivative's fair value are recognized either currently in earnings or Accumulated other comprehensive loss, depending on whether the derivative qualifies for hedge accounting treatment. The Company tests each derivative for effectiveness at inception of each hedge and at the end of each reporting period.
The Company uses foreign currency forward contracts, collars, options and swap contracts for the purpose of hedging the specific exposure to variability in forecasted cash flows associated primarily with inventory purchases by Kate Spade Japan Co., Ltd. ("KSJ"), the Company's wholly-owned subsidiary. These instruments are designated as cash flow hedges. To the extent the hedges are highly effective, the effective portion of the changes in fair value is included in Accumulated other comprehensive loss, net of income taxes, with the corresponding asset or liability recorded in the Consolidated Balance Sheet. The ineffective portion of the cash flow hedge is recognized primarily as a component of Cost of goods sold in current period earnings. Amounts recorded in Accumulated other comprehensive loss are reflected in current period earnings when the hedged transaction affects earnings. If fluctuations in the relative value of the currencies involved in the hedging activities were to move dramatically, such movement could impact the Company's results of operations.
The Company purchases short-term foreign currency contracts to neutralize balance sheet and other expected exposures, including intercompany loans. These derivative instruments do not qualify as cash flow hedges and are recorded at fair value with all gains or losses recognized as a component of SG&A or Other expense income, net in current period earnings (see Note 12 — Derivative Instruments).

Foreign Currency Translation
Assets and liabilities of non-US subsidiaries are translated at period-end exchange rates. Revenues and expenses for each month are translated using that month's average exchange rate and then are combined for the period totals. Resulting translation adjustments are included in Accumulated other comprehensive loss. Gains and losses on translation of intercompany loans with foreign subsidiaries of a long-term investment nature are also included in this component of Stockholders' equity (deficit).

Foreign Currency Transactions
Outstanding balances in foreign currencies are translated at the end of period exchange rates. The resulting exchange differences are recorded in the Consolidated Statements of Operations or Accumulated other comprehensive loss, as appropriate.

Cost of Goods Sold
Cost of goods sold for wholesale operations includes the expenses incurred to acquire and produce inventory for sale, including product costs, freight-in, import costs, third party inspection activities, buying/sourcing agent commissions and provisions for shrinkage. For retail operations, in-bound freight from the Company's warehouse to its own retail stores is also included. Warehousing activities including receiving, storing, picking, packing and general warehousing charges are included in SG&A and, as such, the Company's gross profit may not be comparable to others who may include these expenses as a component of Cost of goods sold.

Advertising, Promotion and Marketing
All costs associated with advertising, promoting and marketing of Company products are expensed during the periods when the activities take place. Costs associated with cooperative advertising programs involving agreements with customers, whereby customers are required to provide documentary evidence of specific performance and when the amount of consideration paid by the Company for these services is at or below fair value, are charged to SG&A. Costs associated with customer cooperative advertising allowances without specific performance guidelines are recorded as a reduction of sales. The Company incurred expenses of $56.9 million, $42.8 million and $22.7 million for advertising, marketing & promotion for all brands in 2014, 2013 and 2012, respectively.

Shipping and Handling Costs
Shipping and handling costs, which are mostly comprised of warehousing activities, are included as a component of SG&A in the Consolidated Statements of Operations. In fiscal years 2014, 2013 and 2012, shipping and handling costs were $32.8 million, $26.4 million and $15.4 million, respectively.

Investments in Unconsolidated Subsidiaries
The Company uses the equity method of accounting for its investments in and its proportionate share in earnings of affiliates that it does not control, but over which it exerts significant influence (see Note 20 — Related Party Transactions). The Company considers whether the fair value of its equity method investments has declined below carrying value whenever adverse events or changes in circumstances indicate the recorded value may not be recoverable.

Cash Dividends and Common Stock Repurchases
On December 16, 2008, the Board of Directors announced the suspension of the Company's quarterly cash dividend indefinitely.
The Company's amended and restated revolving credit agreement currently restricts its ability to pay dividends and repurchase stock (see Note 10 — Debt and Lines of Credit).

Fiscal Year
The Company's fiscal year ends on the Saturday closest to December 31. The 2014 fiscal year, which ended on January 3, 2015, reflected a 53-week period. The 2013 and 2012 fiscal years, which ended December 28, 2013 and December 29, 2012, reflected 52-week periods.

Subsequent Events
The Company's policy is to evaluate all events or transactions that occur from the balance sheet date through the date of the issuance of its financial statements. The Company has evaluated events or transactions that occurred from the balance sheet date through the date the Company issued these financial statements (see Note 23 — Subsequent Events).
RECENTLY ADOPTED ACCOUNTING PRONOUNCEMENTS
On December 29, 2013, the first day of the Company's 2014 fiscal year, the Company adopted new accounting guidance on the presentation of unrecognized tax benefits, which requires an entity to present an unrecognized tax benefit, or a portion of an unrecognized tax benefit, as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward, except as follows: to the extent a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or that the tax law of the applicable jurisdiction does not require the entity to use; and the entity does not intend to use the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. The adoption of the new accounting guidance did not affect the Company's financial position, results of operations or cash flows.

ACQUISITIONS

ACQUISITIONS	12 Months Ended
ACQUISITIONS	Jan. 03, 2015
ACQUISITIONS
ACQUISITIONS	NOTE 2: ACQUISITIONS
	On February 5, 2014, the Company, through its Kate Spade, LLC and Kate Spade Hong Kong Ltd. subsidiaries, reacquired existing KATE SPADE businesses in Southeast Asia from Globalluxe for a purchase price of $32.3 million, including $2.3 million for working capital and other previously agreed adjustments. The Company's distribution partner operates the KATE SPADE businesses in Singapore, Malaysia, Indonesia and Thailand through distribution agreements and funded approximately $1.5 million to Globalluxe to acquire operating assets in those regions. Globalluxe and its distribution partners operated six stores and one concession in Hong Kong, one concession in Taiwan, one store in Macau, two stores and one concession in Singapore, two stores in Malaysia, three stores and one concession in Indonesia, and two stores and six concessions in Thailand. Prior to the acquisition from Globalluxe, the Company maintained wholesale distribution to Globalluxe. Following the transaction, the Company maintains wholesale distribution to distributors who operate the businesses in Singapore, Malaysia, Indonesia and Thailand. Since the date of the acquisition, the Company has directly owned and operated the businesses in Hong Kong Macau and Taiwan and will continue to do so until the expected conversion of these businesses to a joint venture with Walton Brown (see Note 23 — Subsequent Events).
	The allocation of the purchase price to the assets acquired and liabilities assumed was based upon the estimated fair values at the date of acquisition. The excess of the purchase price over the net tangible and identifiable intangible assets is reflected as goodwill. Accordingly, the Company recorded $21.8 million of goodwill, which is reflected in the KATE SPADE International reportable segment. The recorded goodwill is deductible for income tax purposes.
	The following table summarizes the estimated fair values of the assets acquired as of the acquisition date:

	In thousands
	Assets acquired:
	Current assets		$	3,549
	Property and equipment, net			1,267
	Goodwill and intangibles, net(a)			26,592
	Other assets			860

	Total assets acquired		$	32,268




	(a)	A portion of the goodwill related to the KATE SPADE businesses in Hong Kong, Macau and Taiwan is expected to be reclassified to Investment in unconsolidated subsidiary in the first quarter of 2015 upon closing of the joint venture with Walton Brown (see Note 23 — Subsequent Events).
	The following table presents details of the acquired intangible assets:

	In thousands		Useful Life		Estimated Fair Value
	Reacquired distribution rights		1.7 years		$	4,500
	Retail customer list		3 years			256
	On October 31, 2012, a subsidiary of the Company acquired the remaining 51.0% interest ("KSJ Buyout") in KSJ held by Sanei International Co., Ltd. ("Sanei"). Prior to the acquisition, KSJ was a joint venture that was formed between Sanei, and KATE SPADE in August 2009. KSJ operated the kate spade new york and JACK SPADE businesses in Japan, and the Company continues to operate such businesses in Japan through its Japanese subsidiary.
	The purchase price for the KSJ, including post-closing adjustments was 3.308 billion yen or $41.4 million, including $0.4 million of cash acquired. Prior to obtaining control on October 31, 2012, the Company accounted for the investment in KSJ under the equity method. Upon obtaining control, the transaction was accounted for as an "acquisition achieved in stages," in accordance with US GAAP. Accordingly, the Company re-measured the previously held equity interest in KSJ and adjusted it to fair value utilizing an income approach based on expected future after tax cash flows of KSJ, discounted to reflect risk associated with those cash flows and a market approach based on earnings and revenue multiples that other purchasers in the market would have used for that business. The fair value of the Company's equity interest at the acquisition date was $47.2 million. The difference between the fair value of the Company's ownership in KSJ and the Company's carrying value of its investment of $7.1 million resulted in the recognition of a gain of $40.1 million in 2012, which was included on the accompanying Consolidated Statement of Operations as Gain on acquisition of subsidiary. The results of operations for KSJ have been included in the Company's consolidated results since October 31, 2012. KSJ generated $98.3 million and $16.0 million of net sales and $(1.8) million of net loss and $0.7 million of net income for the years ended December 28, 2013 and December 29, 2012, respectively. KSJ also generated $5.7 million and $0.5 million of incremental Adjusted EBITDA for the years ended December 28, 2013 and December 29, 2012, respectively. Adjusted EBITDA is the Company's measure of segment profitability, as discussed in Note 18 — Segment Reporting. Transaction costs related to the acquisition were not significant.
	The allocation of the purchase price to the assets acquired and liabilities assumed was based upon the estimated fair values at the date of acquisition. The excess of the purchase price over the net tangible and identifiable intangible assets is reflected as goodwill. Accordingly, the Company recorded $63.4 million of goodwill, which is reflected in the KATE SPADE International reportable segment. None of the recorded goodwill is deductible for income tax purposes.
	The following table summarizes the estimated fair values of the assets acquired and the liabilities assumed as of the acquisition date:

	In thousands
	Assets acquired:
	Current assets		$	23,721
	Property and equipment, net			5,608
	Goodwill and intangibles, net			79,374
	Other assets			6,776

	Total assets acquired		$	115,479


	Liabilities assumed:
	Current liabilities		$	8,834
	Non-current liabilities			17,629

	Total liabilities assumed		$	26,463


	The following table presents details of the acquired intangible assets:

	In thousands		Useful Life		Estimated Fair Value
	Reacquired distribution rights		3 years		$	14,900
	Retail customer list		3 years			1,100
	The following unaudited pro forma financial information for the year ended December 29, 2012 reflects the results of continuing operations of the Company as if the KSJ Buyout had been completed on January 1, 2012. Pro forma adjustments have been made for changes in depreciation and amortization expenses related to the valuation of the acquired tangible and intangible assets at fair value, the elimination of non-recurring items and the addition of incremental costs related to debt used to finance the acquisition.

	In thousands, except per share amounts		Fiscal Year Ended
	In thousands, except per share amounts		December 29, 2012
	Net sales		$	617,134
	Gross profit			388,190
	Operating loss			(32,187	)
	Loss before benefit for income taxes			(54,251	)
	Loss from continuing operations			(50,836	)
	Diluted loss per share from continuing operations			(0.47	)
	The unaudited pro forma financial information is presented for information purposes only. It is not necessarily indicative of what the Company's financial position or results of operations actually would have been if the Company completed the acquisition at the date indicated, nor does it purport to project the Company's future financial position or operating results.

DISCONTINUED_OPERATIONS

DISCONTINUED OPERATIONS	12 Months Ended
DISCONTINUED OPERATIONS	Jan. 03, 2015
DISCONTINUED OPERATIONS
DISCONTINUED OPERATIONS	NOTE 3: DISCONTINUED OPERATIONS
	The components of Assets held for sale and Liabilities held for sale related to the former Lucky Brand business as of December 28, 2013 were as follows:

	In thousands	December 28, 2013
	Assets held for sale:
	Cash and cash equivalents	$	163
	Accounts receivable — trade, net		41,709
	Inventories, net		80,503
	Property and Equipment, net		68,533
	Other assets		11,146

	Assets held for sale	$	202,054


	Liabilities held for sale:
	Accounts payable	$	52,977
	Accrued expenses		27,773
	Other liabilities		15,620

	Liabilities held for sale	$	96,370


	The Company completed the sale of Lucky Brand in February 2014 and substantially completed the wind-down operations of the Juicy Couture business in the second quarter of 2014.
	The Company recorded pretax and after tax income (charges) of $130.0 million, $143.4 and $(12.2) million in 2014, 2013 and 2012, respectively, to reflect the estimated difference between the carrying value of the net assets disposed and their estimated fair value, less costs to dispose, including transaction costs.
	Summarized results of discontinued operations are as follows:

		Fiscal Years Ended
	In thousands	January 3, 2015			December 28, 2013			December 29, 2012
	Net sales	$	209,519		$	980,488		$	961,950


	Loss before provision for income taxes	$	(46,923	)	$	(36,382	)	$	(3,056	)
	Provision for income taxes		660			1,821			6,572

	Loss from discontinued operations, net of income taxes	$	(47,583	)	$	(38,203	)	$	(9,628	)


	Income (loss) on disposal of discontinued operations, net of income taxes	$	130,017		$	143,363		$	(12,190	)


	In connection with the sale of the Juicy Couture IP, the Company initiated actions to reduce staff at Juicy Couture during the fourth quarter of 2013. Also, as a result of the requirement to wind down the Juicy Couture operations, the Company closed Juicy Couture offices and retail locations. These actions, which were substantially completed by the end of the second quarter of 2014, resulted in charges related to asset impairments, severance and other items. For the 2014, 2013, and 2012 fiscal years, the Company recorded charges of $26.6 million, $48.4 million and $9.8 million, respectively, related to its streamlining initiatives within Discontinued operations, net of income taxes.

INVENTORIES_NET

INVENTORIES, NET	12 Months Ended
INVENTORIES, NET	Jan. 03, 2015
INVENTORIES, NET
INVENTORIES, NET	NOTE 4: INVENTORIES, NET
	Inventories, net consisted of the following:

	In thousands	January 3, 2015		December 28, 2013
	Raw materials and work in process	$	538	$	1,028
	Finished goods		157,703		183,606

	Total	$	158,241	$	184,634

PROPERTY_AND_EQUIPMENT_NET

PROPERTY AND EQUIPMENT, NET	12 Months Ended
PROPERTY AND EQUIPMENT, NET	Jan. 03, 2015
PROPERTY AND EQUIPMENT, NET
PROPERTY AND EQUIPMENT, NET	NOTE 5: PROPERTY AND EQUIPMENT, NET
	Property and equipment, net consisted of the following:

	In thousands	January 3, 2015		December 28, 2013
	Land and buildings	$	9,300	$	9,300
	Machinery and equipment		140,189		171,811
	Furniture and fixtures		61,694		83,753
	Leasehold improvements		122,029		173,207

			333,212		438,071
	Less: Accumulated depreciation and amortization		159,140		289,000

	Total property and equipment, net	$	174,072	$	149,071


	Depreciation and amortization expense on property and equipment for the years ended January 3, 2015, December 28, 2013 and December 29, 2012, was $38.3 million, $28.0 million and $22.3 million, respectively, which included depreciation for property and equipment under capital leases of $0.8 million, $1.9 million and $2.9 million, respectively. Machinery and equipment under capital leases was $9.3 million as of January 3, 2015 and December 28, 2013.
	During the third quarter of 2013, the Company sold its West Chester, OH distribution center (the "Ohio Facility") for net proceeds of $20.3 million and entered into a sale-leaseback arrangement with the buyer for a 10-year term, which was classified as an operating lease. The Company realized a gain of $9.5 million associated with the sale-leaseback, which has been deferred and will be recognized as a reduction to SG&A over the lease term.
	During the second quarter of 2013, the Company sold its North Bergen, NJ office for net proceeds of $8.7 million. The Company entered into a sale-leaseback arrangement with the buyer for a 12-year term with two five-year renewal options, which was classified as a capital lease (see Note 9 — Commitments and Contingencies).

GOODWILL_AND_INTANGIBLES_NET

GOODWILL AND INTANGIBLES, NET	12 Months Ended
GOODWILL AND INTANGIBLES, NET	Jan. 03, 2015
GOODWILL AND INTANGIBLES, NET
GOODWILL AND INTANGIBLES, NET	NOTE 6: GOODWILL AND INTANGIBLES, NET
	The following tables disclose the carrying value of all intangible assets:

	In thousands		Weighted Average		January 3, 2015			December 28, 2013
			Amortization
			Period
	Amortized intangible assets:
	Gross carrying amount:
	Owned trademarks(a)		—		$	467		$	2,000
	Customer relationships		11 years			7,422			7,273
	Merchandising rights		4 years			12,012			6,087
	Reacquired rights(b)		2 years			14,371			11,299
	Other		4 years			2,322			2,322

	Subtotal					36,594			28,981

	Accumulated amortization:
	Owned trademarks					(467	)		(100	)
	Customer relationships					(4,769	)		(4,022	)
	Merchandising rights					(4,108	)		(2,595	)
	Reacquired rights					(9,604	)		(4,394	)
	Other					(2,219	)		(2,092	)

	Subtotal					(21,167	)		(13,203	)

	Net:
	Owned trademarks					—			1,900
	Customer relationships					2,653			3,251
	Merchandising rights					7,904			3,492
	Reacquired rights					4,767			6,905
	Other					103			230

	Total amortized intangible assets, net					15,427			15,778

	Unamortized intangible assets:
	Owned trademarks					74,900			74,900

	Total intangible assets				$	90,327		$	90,678


	Goodwill				$	64,798		$	49,111




	(a)	The change in the balance reflected a non-cash impairment charge of $1.5 million related to the TRIFARI trademark (see Note 1 — Basis of Presentation and Significant Accounting Policies).
	(b)	The increase in the balance compared to December 28, 2013 primarily reflected the reacquired existing KATE SPADE businesses in Southeast Asia (see Note 2 — Acquisitions and Note 23 — Subsequent Events).
	Amortization expense of intangible assets was $8.2 million, $5.7 million and $2.1 million for the years ended January 3, 2015, December 28, 2013 and December 29, 2012, respectively.
	The estimated amortization expense of intangible assets for the next five years is as follows:

	Fiscal Year		Amortization
			Expense
			(In millions)
	2015		$	7.7
	2016			2.5
	2017			2.0
	2018			1.3
	2019			0.4
	The changes in carrying amount of goodwill for the years ended January 3, 2015 and December 28, 2013 were as follows:

	In thousands		Adelington Design			KATE SPADE			Total
	In thousands		Group			International			Total
	Balance as of December 29, 2012		$	1,554		$	58,669		$	60,223
	Translation adjustment			(107	)		(11,005	)		(11,112	)

Balance as of December 28, 2013			1,447			47,664			49,111
Acquisition of existing KATE SPADE businesses in Southeast Asia			—			21,836			21,836
Translation adjustment			(132	)		(6,017	)		(6,149	)

Balance as of January 3, 2015		$	1,315		$	63,483		$	64,798

ACCRUED_EXPENSES

ACCRUED EXPENSES	12 Months Ended
ACCRUED EXPENSES	Jan. 03, 2015
ACCRUED EXPENSES
ACCRUED EXPENSES	NOTE 7: ACCRUED EXPENSES
	Accrued expenses consisted of the following:

	In thousands	January 3, 2015		December 28, 2013
	Lease obligations	$	28,152	$	34,142
	Payroll, bonuses and other employment related obligations		27,446		45,971
	Streamlining initiatives		13,633		17,829
	Advertising		11,026		9,883
	Taxes, other than taxes on income		9,275		13,762
	Deferred income		7,742		6,322
	Insurance related		6,109		7,739
	Employee benefits		5,354		8,134
	Accrued disposition costs		2,325		10,179
	Interest		355		8,375
	Other		39,509		37,842

	Total	$	150,926	$	200,178

INCOME_TAXES

INCOME TAXES	12 Months Ended
INCOME TAXES	Jan. 03, 2015
INCOME TAXES
INCOME TAXES	NOTE 8: INCOME TAXES
	Loss before benefit for income taxes consisted of the following:

			Fiscal Years Ended
	In thousands		January 3, 2015			December 28, 2013			December 29, 2012
	United States		$	(6,165	)	$	(34,370	)	$	(47,259	)
	International			(1,488	)		(2,358	)		(10,389	)

	Total		$	(7,653	)	$	(36,728	)	$	(57,648	)


	The (benefit) provision for income taxes was as follows:

			Fiscal Years Ended
	In thousands		January 3, 2015			December 28, 2013			December 29, 2012
	Current:
	Federal		$	(77,366	)	$	686		$	3,344
	Foreign			809			(2,326	)		1,254
	State and local			(7,472	)		742			(3,175	)

	Total Current(a)			(84,029	)		(898	)		1,423
	Deferred:
	Federal			1,883			(626	)		(4,692	)
	Foreign			(2,722	)		(437	)		(691	)
	State and local			489			(2,602	)		(1,001	)

	Total Deferred			(350	)		(3,665	)		(6,384	)

			$	(84,379	)	$	(4,563	)	$	(4,961	)




	(a)	Includes a net $87.4 million reduction in the reserve for uncertain tax positions, resulting from the expiration of the related statutes of limitations in the year ended January 3, 2015.
	The Company files a consolidated federal income tax return. Deferred income tax assets and liabilities represent the tax effects of revenues, costs and expenses, which are recognized for tax purposes in different periods from those used for financial statement purposes.
	The effective income tax rate differed from the statutory federal income tax rate as follows:

			Fiscal Years Ended
			January 3, 2015			December 28, 2013			December 29, 2012
	Federal tax at statutory rate			35	%		35	%		35	%
	State and local income taxes, net of federal benefit			97.6			7.2			8.4
	Officer and share-based compensation			226.4			—			—
	Change in valuation allowance			(185.7	)		(13.2	)		(41.3	)
	Unrecognized tax benefits			1,010.90			(1.9	)		(6.4	)
	Rate differential on foreign income			(46.8	)		(15.0	)		(5.9	)
	Gain on acquisition of subsidiary			—			—			29.7
	Conversion of debt to equity			—			(1.5	)		(3.4	)
	Indefinite-lived intangibles			(31.0	)		4.8			(4.6	)
	Other, net			(3.9	)		(3.0	)		(3.0	)

				1,102.50	%		12.4	%		8.5	%


	The components of net deferred taxes arising from temporary differences were as follows:

	In thousands		January 3, 2015			December 28, 2013
	Deferred tax assets:
	Inventory valuation		$	9,212		$	6,088
	Streamlining initiatives			—			10,003
	Deferred compensation			2,053			3,009
	Nondeductible accruals			10,363			83,661
	Share-based compensation			11,827			7,322
	Net operating loss carryforward			300,825			249,399
	Tax credit carryforward			34			53,495
Goodwill			5,603			6,885
Capital loss carryforward			68,839			72,788
Other			15,906			19,339

Total deferred tax assets			424,662			511,989

Deferred tax liabilities:
Trademarks and other intangibles			(17,622	)		(16,636	)
Property and equipment			(5,632	)		(12,633	)
Other			(2,746	)		(1,584	)

Total deferred tax liabilities			(26,000	)		(30,853	)

Less: Valuation allowance			(415,173	)		(497,485	)

Net deferred tax liability		$	(16,511	)	$	(16,349	)


The table of deferred tax assets and liabilities shown above does not include certain deferred tax assets as of January 3, 2015, and December 28, 2013, that arose from tax deductions related to share-based compensation that are greater than the compensation expense recognized for financial reporting. The deferred tax adjustment of that difference was $44.7 million as of January 3, 2015.
As of January 3, 2015, the Company and its domestic subsidiaries had net operating loss and foreign tax credit carryforwards of $787.6 million (federal tax effected amount of $275.6 million) for federal income tax purposes that may be used to reduce future federal taxable income. As of January 3, 2015 the cumulative amount of tax deductions related to share-based compensation and the corresponding compensation expense adjustment for financial reporting was $115.0 million (federal tax effected amount of $40.2 million). The net operating loss for federal income tax purposes will begin to expire in 2028.
As of January 3, 2015, the Company and certain of its domestic subsidiaries recorded a $53.7 million deferred tax asset related to net operating loss carryforwards for state income tax purposes that may be used to reduce future state taxable income. The net operating loss carryforwards for state income tax purposes begin to expire in 2015.
As of January 3, 2015, certain of the Company's foreign subsidiaries recorded an $11.7 million deferred tax asset related to net operating loss carryforwards for foreign income tax purposes that may be used to reduce future foreign taxable income. The net operating loss carryforwards for foreign income tax purposes begin to expire in 2015.
As of January 3, 2015, the Company had total deferred tax assets related to net operating loss carryforwards of $300.8 million, of which $235.4 million, $53.7 million and $11.7 million were attributable to federal, domestic state and local, and foreign subsidiaries, respectively.
As of January 3, 2015, the Company and its subsidiaries recorded valuation allowances in the amount of $415.2 million against its net operating loss and other deferred tax assets due to of its history of pretax losses and inability to carry back tax losses or credits for refunds. This represents a total decrease in the valuation allowance of $82.3 million compared to the balance at December 28, 2013.
The Company has not provided for deferred taxes on the outside basis difference in its investments in foreign subsidiaries that are essentially permanent in duration. As of January 3, 2015, there were no unremitted earnings. It is not practicable to determine the amount of income taxes that would be payable in the event such outside basis differences reverse or unremitted earnings are repatriated.
The Company has not provided deferred taxes on the outside basis difference in its investment in Lucky Brand Dungarees, Inc. The Company's outside basis difference would result in the recording of a deferred tax asset with an offsetting valuation allowance. Due to the terms of the stock purchase agreement for the purchase of Lucky Brand Dungarees, Inc. shares, the buyer caused the Company to treat the transaction as a deemed sale of assets, and as a result, the deferred tax asset would not be recognizable.
Changes in the amounts of unrecognized tax benefits are summarized as follows:

		Fiscal Years Ended
		January 3, 2015			December 28, 2013			December 29, 2012
In thousands
Balance as of beginning of period		$	84,108		$	85,999		$	103,982
Increases from prior period positions			32			1,436			535
Decreases from prior period positions			—			(4,348	)		(630	)
Increases from current period positions			—			2,000			37
Decreases relating to settlements with taxing authorities			—			(153	)		(17,765	)
Reduction due to the lapse of the applicable statute of limitations			(74,916	)		(826	)		(160	)

Balance as of end of period(a)		$	9,224		$	84,108		$	85,999




(a)	As of January 3, 2015 and December 28, 2013, liabilities associated with the amounts are included within Income taxes payable and Other non-current liabilities on the accompanying Consolidated Balance Sheets.
The Company recognizes interest and penalties related to unrecognized tax benefits as a component of the provision for income taxes. For the year ended January 3, 2015, the Company decreased its accruals for interest and penalties by $10.6 million and $1.6 million, respectively. For the year ended December 28, 2013, the Company increased its accruals for interest and penalties by $2.5 million and $0.1 million, respectively. For the year ended December 29, 2012, the Company increased its accrual for interest and penalties by $3.3 million and $0.2 million, respectively. At January 3, 2015 and December 28, 2013, the accrual for interest was $1.8 million and $12.4 million, respectively and the accrual for penalties was $1.1 million and $2.7 million, respectively.
The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate is $9.2 million. The Company expects to reduce the liability for unrecognized tax benefits by an amount between $1.4 million and $3.6 million within the next 12 months due to either settlement or the expiration of the statute of limitations.
The Company files tax returns in the US Federal jurisdiction and various state and foreign jurisdictions. A number of years may elapse before an uncertain tax position, for which the Company has unrecognized tax benefits, is audited and finally resolved. While it is difficult to predict the final outcome or the timing of resolution of any particular uncertain tax position, the Company believes that the unrecognized tax benefits reflect the most likely outcome. These unrecognized tax benefits, as well as the related interest, are adjusted in light of changing facts and circumstances. Favorable resolution would be recognized as a reduction to the effective tax rate in the period of resolution.
The number of years with open tax audits varies depending upon the tax jurisdiction. The major tax jurisdictions include the US, Japan, United Kingdom, Canada and Brazil. The Company is generally no longer subject to US Federal examination by the Internal Revenue Service ("IRS") for the years before 2009 and, with few exceptions, this applies to tax examinations by state authorities for the years before 2009. The Company filed amended US Federal tax returns for 2005, 2006 and 2007 to convert expiring foreign tax credits into foreign tax deductions. The result of the amended returns increased the Company's US Federal net operating loss carryforwards by $47.0 million. As a result, the IRS has the ability to reopen its past examinations of those years. In addition, the IRS and other taxing authorities can also subject the Company's net operating loss carryforwards to further review when such net operation loss carryforwards are utilized.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
COMMITMENTS AND CONTINGENCIES	Jan. 03, 2015
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES	NOTE 9: COMMITMENTS AND CONTINGENCIES

	Leases
	The Company leases office, showroom, warehouse/distribution, retail space and computers and other equipment under various non-cancelable operating lease agreements, which extend through 2027. Rental expense for 2014, 2013 and 2012 was $87.0 million, $54.3 million and $33.0 million, respectively, excluding certain costs such as real estate taxes and common area maintenance.
	At January 3, 2015, minimum aggregate rental commitments under non-cancelable operating and capital leases were as follows:

	Fiscal Year	2015		2016		2017		2018		2019		Thereafter		Total
	In millions
	Operating leases	$	65.4	$	60.9	$	59.0	$	55.4	$	50.7	$	194.9	$	486.3
	Capital leases		1.9		2.1		2.1		2.2		2.2		13.1		23.6
	Certain rental commitments have renewal options extending through the fiscal year 2027. Some of these renewals are subject to adjustments in future periods. Many of the leases call for additional charges, some of which are based upon various escalations, and, in the case of retail leases, the sales of the individual stores above base levels. Future rental commitments for leases have not been reduced by minimum non-cancelable sublease rentals aggregating $33.3 million.
	During the second quarter of 2013, the Company entered into a sale-leaseback agreement for its North Bergen, NJ office with a 12-year term and two five-year renewal options. This leaseback was classified as a capital lease and recorded at fair value.
	In connection with the disposition of the Lucky Brand business, LIZ CLAIBORNE Canada retail stores, the LIZ CLAIBORNE branded outlet stores in the US and Puerto Rico and certain Mexx Canada retail stores, an aggregate of 277 store leases were assigned to third parties, for which the Company or certain subsidiaries of the Company remain secondarily liable for the remaining obligations on 185 such leases. As of January 3, 2015, the future aggregate payments under these leases amounted to $152.0 million and extended to various dates through 2025.

	Buying/Sourcing
	Pursuant to a buying/sourcing agency agreement, Li & Fung Limited ("Li & Fung") acts as the primary global apparel and accessories buying/sourcing agent, with the exception of its jewelry product lines. The Company pays Li & Fung an agency commission based on the cost of product purchases using Li & Fung as its buying/sourcing agent. The Company is obligated to use Li & Fung as its buying/sourcing agent for a minimum value of inventory purchases each year through the termination of the agreement in 2019. The Company's agreement with Li & Fung is not exclusive; however, the Company is required to source a specified percentage of product purchases from Li & Fung.

	Other
	No single customer accounted for 10.0% of net sales in 2014. As of January 3, 2015, Nordstrom Inc. and The TJX Companies Inc., each accounted for greater than 10.0% of total accounts receivable, with a combined total of 39.6%.
	At January 3, 2015, the Company had short-term commitments for the purchase of raw materials and for the production of finished goods totaling $156.4 million.
	The Company is a party to several pending legal proceedings and claims. Although the outcome of any such actions cannot be determined with certainty, management is of the opinion that the final outcome of any of these actions should not have a material adverse effect on the Company's financial position, results of operations, liquidity or cash flows.

DEBT_AND_LINES_OF_CREDIT

DEBT AND LINES OF CREDIT

12 Months Ended

Jan. 03, 2015

DEBT AND LINES OF CREDIT

NOTE 10: DEBT AND LINES OF CREDIT

Long-term debt consisted of the following:

January 3, 2015

December 28, 2013

In thousands

10.5% Senior Secured Notes, due April 2019(a)

—

382,209

Term Loan credit facility, due April 2021(a)(b)

396,158

—

Revolving credit facility

6,000

2,997

Capital lease obligations

8,585

8,995

Total debt

410,743

394,201

Less: Short-term borrowings(c)

10,459

3,407

Long-term debt

400,284

390,794

(a)

The Senior Notes were refinanced in the second quarter of 2014 with proceeds from the issuance of term loans in an aggregate principal amount of $400.0 million (collectively, the "Term Loan").

(b)

The balance as of January 3, 2015 included an unamortized debt discount of $1.8 million.

(c)

At January 3, 2015, the balance consisted of $4.0 million of Term Loan amortization payments, outstanding borrowings under the Company's amended and restated revolving credit facility (as amended to date, the "ABL Facility") and obligations under capital leases. At December 28, 2013, the balance consisted of outstanding borrowings under the ABL Facility and obligations under capital leases.

Convertible Notes

During the first quarter of 2013, a holder of $11.2 million aggregate principal amount of the Company's 6.0% Convertible Senior Notes due June 2014 (the "Convertible Notes") converted all of such outstanding Convertible Notes into 3,171,670 shares of the Company's common stock. During the third quarter of 2013, holders of the remaining $8.8 million aggregate principal amount of the Convertible Notes converted all of such outstanding Convertible Notes into 2,462,509 shares of the Company's common stock. The Company recognized pretax losses of $1.7 million and $4.6 million on the extinguishment of debt related to the Convertible Notes for the years ended December 28, 2013 and December 29, 2012.

Senior Notes

On April 7, 2011, the Company completed an offering of $220.0 million principal amount of 10.5% Senior Secured Notes due April 2019 (the "Original Notes," together with the June 2012 issuance of $152.0 million aggregate principal amount of 10.5% Senior Notes (the "Additional Notes"), the "Senior Notes"). The Company used the net proceeds of $212.9 million from such issuance of the Original Notes primarily to fund a tender offer of then outstanding 128.5 million euro aggregate principal amount of 5.0% Euro Notes due July 8, 2013 (the "Euro Notes") on April 8, 2011. The remaining proceeds were used for general corporate purposes. On June 8, 2012, the Company completed the offering of the Additional Notes, at 108.25% of par value. The Company used a portion of the net proceeds of $160.6 million from the offering of the Additional Notes to repay outstanding borrowings under its ABL Facility and to fund the redemption of 52.9 million euro aggregate principal amount of Euro Notes on July 12, 2012. The Company used the remaining proceeds to fund a portion of the KSJ Buyout. In 2012, the Company recognized a $5.1 million pretax loss on extinguishment of debt related to the Euro Notes redemptions.

On April 14, 2014, the Company redeemed $37.2 million aggregate principal amount of the Senior Notes at a price equal to 103.0% of their aggregate principal amount, plus accrued interest using cash on hand. On May 12, 2014, the Company redeemed the remaining $334.8 million aggregate principal amount of the Senior Notes at a price equal to 105.25% of their aggregate principal amount, plus accrued interest, with the proceeds from the Term Loan. The Company recognized a $16.9 million loss on extinguishment of debt related to these transactions in the second quarter of 2014.

Term Loan

On April 10, 2014, the Company entered into a term loan credit agreement (the "Term Loan Credit Agreement"), which provides for the Term Loan in an aggregate principal amount of $400.0 million, maturing in April 2021. The Term Loan is subject to amortization payments of $1.0 million per quarter, which commenced on October 1, 2014, with the balance due at maturity. Interest on the outstanding principal amount of the Term Loan accrues at a rate equal to LIBOR (with a floor of 1.0%) plus 3.0% per annum, payable in cash. The Term Loan was funded on May 12, 2014, and the Company used $354.8 million of the net proceeds of $392.0 million from the Term Loan to redeem the Company's remaining outstanding Senior Notes on May 12, 2014, as discussed above. The Term Loan and other obligations under the Term Loan Credit Agreement are guaranteed by certain of the Company's restricted subsidiaries (the "Guarantors"), which include (i) all of the Company's existing material domestic restricted subsidiaries, (ii) all future wholly owned restricted subsidiaries of the Company (other than foreign subsidiaries, CFCs, CFC holding companies and subsidiaries of any of the foregoing and certain immaterial subsidiaries) and (iii) all future non-wholly owned restricted subsidiaries of the Company that guarantee capital markets debt securities or term indebtedness of the Company or any Guarantor.

The Term Loan Credit Agreement permits the Company to incur, from time to time, additional incremental term loans under the Term Loan Credit Agreement (subject to obtaining commitments for such term loans) and other pari passu lien indebtedness, subject to an overall limit of $100.0 million plus such additional amount that would cause the Company's consolidated net total secured debt ratio not to exceed 3.75 to 1.0 on a pro forma basis. Any such incremental term loans and other pari passu lien indebtedness are permitted to share in the collateral described below on a pari passu basis with the Term Loan. The Term Loan may be prepaid, at the Company's option, in whole or in part, at any time at par plus accrued interest; provided that if the Term Loan is prepaid or refinanced in connection with a repricing transaction within six months after the initial borrowing, a 1.0% penalty is applicable.

Subject to certain permitted liens and other exclusions and exceptions, the Term Loan is secured (i) on a first-priority basis by a lien on the Company's KATE SPADE trademarks and certain related rights owned by the Company and the Guarantors (the "Term Priority Collateral") and (ii) by a second-priority security interest in the Company's and the Guarantors' other assets (the "ABL Priority Collateral" and together with the Term Priority Collateral, the "Collateral"), which secure the Company's ABL Facility on a first-priority basis.

The Term Loan is required to be prepaid in an amount equal to 50.0% of the Company's Excess Cash Flow (as defined in the Term Loan Credit Agreement) with respect to each fiscal year ending on or after January 2, 2016. The percentage of Excess Cash Flow that must be so applied is reduced to 25.0% if the Company's consolidated net total debt ratio is less than 2.75 to 1.0 and to 0% if the Company's consolidated net total debt ratio is less than 2.25 to 1.0. Lenders may elect not to accept mandatory prepayments.

The Term Loan Credit Agreement limits the Company's and restricted subsidiaries' ability to, among other things, incur indebtedness, make dividend payments or other restricted payments, create liens, sell assets (including securities of the Company's restricted subsidiaries), permit certain restrictions on dividends and transfers of assets by the Company's restricted subsidiaries, enter into certain types of transactions with shareholders and affiliates and enter into mergers, consolidations or sales of all or substantially all of the Company's assets, in each case subject to certain designated exceptions and qualifications. The Term Loan Credit Agreement also contains certain affirmative covenants and events of default that are customary for credit agreements governing term loans.

ABL Facility

In May 2014, the Company terminated its prior revolving credit agreement and completed a fourth amendment to and restatement of the ABL Facility, which extended the maturity date of the facility to May 2019. Availability under the ABL Facility shall be an amount equal to the lesser of $200.0 million and a borrowing base that is computed monthly and comprised of the Company's eligible cash, accounts receivable and inventory. The ABL Facility also includes a swingline subfacility of $30.0 million, a multicurrency subfacility of $35.0 million and the option to expand the facility by up to $100.0 million under certain specified conditions. A portion of the ABL Facility up to $125.0 million is available for the issuance of letters of credit, and standby letters of credit may not exceed $40.0 million in the aggregate. The ABL Facility allows two borrowing options: one borrowing option with interest rates based on euro currency rates and a second borrowing option with interest rates based on the alternate base rate, as defined in the ABL Facility, with a spread based on the aggregate availability under the ABL Facility.

The ABL Facility is guaranteed by substantially all of the Company's current domestic subsidiaries, certain of the Company's future domestic subsidiaries and certain of the Company's foreign subsidiaries. The ABL Facility is secured by a first-priority lien on substantially all of the assets of the Company and the other borrowers and guarantors (other than certain trademark collateral in which the lenders under the Term Loan Credit Agreement have a first-priority lien, which trademark collateral secures the obligations under the ABL Facility on a second-priority lien basis).

The ABL Facility limits the Company's, and its restricted subsidiaries' ability to, among other things, incur additional indebtedness, create liens, undergo certain fundamental changes, make investments, sell certain assets, enter into hedging transactions, make restricted payments and pay certain indebtedness, enter into transactions with affiliates, permit certain restrictions on dividends and transfers of assets by the Company's restricted subsidiaries and enter into sale and leaseback transactions. These covenants are subject to important exceptions and qualifications, and many of the covenants are subject to an exception based on meeting the fixed charge coverage ratio and/or certain minimum availability tests. The ABL Facility also contains representations and warranties (some of which are brought down to the time of each borrowing made), affirmative covenants and events of default that are customary for asset-based revolving credit agreements.

In addition, the terms and conditions of the ABL Facility: (i) provide for a decrease in fees and interest rates compared to the Company's previous asset-based revolving loan facility (including eurocurrency spreads of 1.50% to 2.00% over LIBOR, depending on the level of aggregate availability), (ii) require the Company to maintain pro forma compliance with a fixed charge coverage ratio of 1.0:1.0 on a trailing four-quarter basis if availability under the ABL Facility for three consecutive business days falls below the greater of $15.0 million and 10.0% of the lesser of the aggregate commitments and the borrowing base and (iii) require the Company to apply substantially all cash collections to reduce outstanding borrowings under the ABL Facility if availability under the ABL Facility for three consecutive business days falls below the greater of $20.0 million and 12.5% of the lesser of the aggregate commitments and the borrowing base.

The funds available under the ABL Facility may be used for working capital and for general corporate purposes. The Company currently believes that the financial institutions under the ABL Facility are able to fulfill their commitments, although such ability to fulfill commitments will depend on the financial condition of the Company's lenders at the time of borrowing.

As of January 3, 2015, availability under the Company's ABL Facility was as follows:

Total

Borrowing

Outstanding

Letters of

Available

Excess

Facility(a)

Base(a)

Borrowings

Credit

Capacity

Capacity(b)

Issued

In thousands

Revolving credit facility(a)

200,000

249,832

6,000

13,140

180,860

160,860

(a)

Availability under the ABL Facility is the lesser of $200.0 million or a borrowing base that is computed monthly and comprised of the Company's eligible cash, accounts receivable and inventory.

(b)

Excess capacity represents available capacity reduced by the minimum required aggregate borrowing availability under the ABL Facility of $20.0 million.

Capital Lease Obligations

In the second quarter of 2013, the Company entered into a sale-leaseback agreement for its office building in North Bergen, NJ, which included a sale price of $8.7 million and total lease payments of $26.9 million over a 12-year lease term. The Company's capital lease obligations of $8.6 million and $9.0 million as of January 3, 2015 and December 28, 2013, respectively, included $0.5 million and $0.4 million within Short-term borrowings on the accompanying Consolidated Balance Sheets.

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
FAIR VALUE MEASUREMENTS	Jan. 03, 2015
FAIR VALUE MEASUREMENTS
FAIR VALUE MEASUREMENTS	NOTE 11: FAIR VALUE MEASUREMENTS
	As discussed in Note 1 — Basis of Presentation and Significant Accounting Policies, the Company utilizes a three level hierarchy that defines the assumptions used to measure certain assets and liabilities at fair value.
	The following table presents the financial assets and liabilities the Company measures at fair value on a recurring basis, based on such fair value hierarchy:

			Level 2
			January 3, 2015		December 28, 2013
	In thousands
	Financial Assets:
	Derivatives		$	3,193	$	1,701
	Financial Liabilities:
	Derivatives		$	—	$	—
	The fair values of the Company's Level 2 derivative instruments were primarily based on observable forward exchange rates. Unobservable quantitative inputs used in the valuation of the Company's derivative instruments included volatilities, discount rates and estimated credit losses.
	The following table presensts the non-financial assets the Company measured at fair value on a non-recurring basis in 2014, based on such fair value hierarchy:

					Fair Value Measured and Recorded at
			Net Carrying		Reporting Date Using:						Total Losses —
			Value as of								Year Ended
			January 3, 2015		Level 1		Level 2		Level 3		January 3, 2015
	In thousands
	Property and equipment		$	4,127	$	—	$	—	$	4,127	$	10,358
	Intangibles, net			—		—		—		—		1,533
	As a result of the Company's decision to close all KATE SPADE SATURDAY retail operations and JACK SPADE retail stores in the first half of 2015 (see Note 13 — Streamlining Initiatives and Note 23 — Subsequent Events), as well as a result of a decline in the respective future anticipated cash flows of certain retail locations of kate spade new york, KATE SPADE SATURDAY and JACK SPADE, the Company determined that a portion of the assets exceeded their fair values, resulting in impairment charges, which were recorded in SG&A on the accompanying Consolidated Statement of Operations.
	In the fourth quarter of 2014, the Company recorded a non-cash impairment charge of $1.5 million to reduce the carrying balance of the TRIFARI trademark to zero, due to the expected exit of that brand.
	The following table presents the non-financial assets the Company measured at fair value on a non-recurring basis in 2013, based on such fair value hierarchy:

					Fair Value Measured and Recorded at Reporting Date Using:
			Net Carrying								Total Losses —
			Value as of								Year Ended
			December 28, 2013		Level 1		Level 2		Level 3		December 28, 2013
	In thousands
	Property and equipment		$	15,706	$	—	$	—	$	15,706	$	1,480
	Intangibles, net			1,900		—		—		1,900		3,300
	Other assets			—		—		—		—		6,109
	The Company performed impairment analyses on certain property and equipment as a result of a decline in the respective future anticipated cash flows of certain retail locations of JACK SPADE and the decision to revise the Company's plan to outsource its distribution function (see Note 13 — Streamlining Initiatives). The Company determined that a portion of the assets exceeded their fair values, resulting in impairment charges, which were recorded in SG&A on the accompanying Consolidated Statement of Operations.
	In the third quarter of 2013, the Company recorded a non-cash impairment charge of $3.3 million, which reflected the difference in the estimated fair value and carrying value of the TRIFARI trademark. The Company estimated the fair value of the trademark using the income-based relief-from-royalty valuation method which assumes that, in lieu of ownership, a third party would be willing to pay a royalty in order to obtain the rights to use a comparable asset. The Company assumed a market royalty rate of 3.5%, a discount rate of 14.0% and a long term growth rate of 2.0%.
	Subsequent to the sale of its former global Mexx business, the Company retained a noncontrolling ownership interest in such business and accounted for its investment at cost (see Note 17 — Additional Financial Information). In the second quarter of 2013, the Company performed an impairment test based on market multiples of comparable transactions and determined that the carrying value of the investment exceeded its fair value, resulting in an impairment charge, which was recorded in Impairment of cost investment on the accompanying Consolidated Statement of Operations.
	The following table presents the non-financial assets the Company measured at fair value on a non-recurring basis in 2012, based on such fair value hierarchy:

					Fair Value Measured and Recorded at
			Net Carrying		Reporting Date Using:						Total Losses —
			Value as of								Year Ended
			December 29, 2012		Level 1		Level 2		Level 3		December 29, 2012
	In thousands
	Property and equipment		$	22,710	$	—	$	—	$	22,710	$	26,413
	In connection with a change in the pattern of use and then likely disposal of the Company's New Jersey corporate office, an impairment analysis was performed on the associated property and equipment. As a result of a decline in the estimated fair value of the Company's Ohio distribution center, impairment analyses were performed on the associated property and equipment. The Company determined that a portion of the assets exceeded their fair values, resulting in impairment charges, which were recorded in SG&A on the accompanying Consolidated Statement of Operations.
	The fair values of the Company's Level 3 Property and equipment and Intangible assets are based on either a market approach or an income approach using the Company's forecasted cash flows over the estimated useful lives of such assets, as appropriate.
	The fair values and carrying values of the Company's debt instruments are detailed as follows:

							December 28, 2013
			January 3, 2015				December 28, 2013
	In thousands		Fair Value		Carrying Value		Fair Value		Carrying Value
	10.5% Senior Secured Notes due April 2019(a)		$	—	$	—	$	400,830	$	382,209
	Term Loan credit facility, due April 2021(a)			384,786		396,158		—		—
	Revolving credit facility(b)			6,000		6,000		2,997		2,997


	(a)	Carrying values include unamortized debt discount or premium.
	(b)	Borrowings under the revolving credit facility bear interest based on market rate; accordingly, its fair value approximates its carrying value.
	The fair values of the Company's debt instruments were estimated using market observable inputs, including quoted prices in active markets, market indices and interest rate measurements. Within the hierarchy of fair value measurements, these are Level 2 fair values. The fair values of cash and cash equivalents, receivables and accounts payable approximate their carrying values due to the short-term nature of these instruments.
	As of January 3, 2015, the carrying amount of the Lucky Brand Note was $89.0 million, including initial principal of $85.0 million and accrued payment in kind of $4.0 million. In evaluating its fair value, the Company considered various facts and circumstances, including (i) known changes in market values of comparable instruments in active markets; (ii) the inability to transfer the Lucky Brand Note and the lack of an active market to do so; and (iii) entity specific factors related to the issuer of the Lucky Brand Note including the absence of any factors that would suggest that the counterparty may be unable to meet its obligations under the terms of the Lucky Brand Note.
	Based on those factors and the inherent subjectivity in evaluating fair value of the Lucky Brand Note and similar instruments, the Company concluded that providing a range of fair value was appropriate. The Company determined the range of fair value of the Lucky Brand Note, including accrued payment in kind, to be between $79.0 million and $89.0 million. The low end of such range was determined using two methods. The Company reviewed the average change in fair value of comparable instruments in active markets and also estimated an implied discount based on the non-transferable nature of the Lucky Brand Note. The high end of the range considered entity specific circumstances and assumed LGP would pay the Lucky Brand Note in full.

DERIVATIVE_INSTRUMENTS

DERIVATIVE INSTRUMENTS

12 Months Ended

Jan. 03, 2015

DERIVATIVE INSTRUMENTS

NOTE 12: DERIVATIVE INSTRUMENTS

In order to reduce exposures related to changes in foreign currency exchange rates, the Company uses forward contracts and may utilize foreign currency collars, options and swap contracts for purposes of hedging the specific exposure to variability in forecasted cash flows associated primarily with inventory purchases by KSJ. As of January 3, 2015, the Company had forward contracts maturing through March 2016 to sell 4.3 billion yen for $39.1 million.

The Company uses foreign currency forward contracts outside the cash flow hedging program to manage currency risk associated with intercompany loans. As of January 3, 2015, the Company had forward contracts to sell 4.0 billion yen for $33.4 million maturing through March 2015. Transaction gains of $4.5 million, $8.5 million and $1.0 million related to these derivative instruments for the years ended January 3, 2015, December 28, 2013 and December 29, 2012, respectively, were reflected within Other expense, net on the accompanying Consolidated Statements of Operations.

The following table summarizes the fair value and presentation in the Consolidated Financial Statements for derivatives designated as hedging instruments and derivatives not designated as hedging instruments:

Foreign Currency Contracts Designated as Hedging Instruments

Asset Derivatives

Liability Derivatives

Period

Balance Sheet

Notional

Fair Value

Balance Sheet

Notional

Fair Value

Location

Amount

Location

Amount

In thousands

January 3, 2015

Other current assets

39,100

3,066

Accrued expenses

—

December 28, 2013

Other current assets

21,050

1,317

Accrued expenses

—

The following table summarizes the fair value and presentation in the Consolidated Financial Statements for derivatives not designated as hedging instruments:

Foreign Currency Contracts Not Designated as Hedging Instruments

Asset Derivatives

Liability Derivatives

Period

Balance Sheet

Notional

Fair Value

Balance Sheet

Notional

Fair Value

Location

Amount

Location

Amount

In thousands

January 3, 2015

Other current assets

33,350

127

Accrued expenses

—

December 28, 2013

Other current assets

38,403

384

Accrued expenses

—

The following table summarizes the effect of foreign currency exchange contracts on the Consolidated Financial Statements:

Amount of Gain or

Location of Gain or

Amount of Gain or

(Loss) Recognized in

(Loss) Reclassified

(Loss) Recognized in

Accumulated OCI

from Accumulated

Operations on

on Derivative

OCI into Operations

Derivative

(Effective Portion)

(Effective and

(Effective Portion)

(Ineffective Portion)

Ineffective Portion)

In thousands

Fiscal year ended January 3, 2015

2,854

Cost of goods sold

1,161

—

Fiscal year ended December 28, 2013

2,911

Cost of goods sold

1,326

—

Fiscal year ended December 29, 2012

—

Cost of goods sold

—

STREAMLINING_INITIATIVES

STREAMLINING INITIATIVES	12 Months Ended
STREAMLINING INITIATIVES	Jan. 03, 2015
STREAMLINING INITIATIVES
STREAMLINING INITIATIVES	NOTE 13: STREAMLINING INITIATIVES

	2014 Actions
	On January 29, 2015, the Company announced it will discontinue KATE SPADE SATURDAY as a standalone brand, including retail stores and its e-commerce website and that it will close its JACK SPADE retail stores. These actions are expected to be completed in the first half of 2015. Based on a probability weighted approach, the Company recorded non-cash asset impairment charges in 2014 and expects to incur additional asset impairment charges as well as contract termination costs and employee related costs in 2015 (see Note 23 — Subsequent Events).
	In connection with the sale of the Juicy Couture IP and former Lucky Brand business, the Board of Directors of the Company approved various changes to its senior management, which resulted in charges related to severance in 2014. As discussed in Note 14 — Share-Based Compensation, the Company's Compensation Committee approved the continued vesting of unvested options and restricted stock awards without any required service period or the accelerated vesting of such awards for former employees, including former executive officers. In addition, as a result of the reduction of office space, the Company recorded charges related to contract terminations and other charges in the first quarter of 2014.
	The Company expects to pay approximately $7.8 million of accrued streamlining costs during 2015. In addition, the Company expects to pay $5.9 million of accrued streamlining costs related to discontinued operations in 2015. A summary rollforward and components of the Company's streamlining initiatives were as follows:

	In thousands		Payroll and			Contract			Asset			Other Costs			Total
			Related Costs			Termination			Write-Downs
						Costs
	Balance at December 31, 2011		$	7,352		$	18,012		$	—		$	30,967		$	56,331
	2012 provision			9,158			2,681			27,783			3,571			43,193
	2012 asset write-downs			—			—			(27,783	)		—			(27,783	)
	Translation difference			25			49			—			9			83
	2012 spending			(11,976	)		(16,499	)		—			(18,783	)		(47,258	)

	Balance at December 29, 2012			4,559			4,243			—			15,764			24,566
	2013 provision(a)			5,657			6			1,744			3,194			10,601
	2013 asset write-downs			—			—			(1,744	)		—			(1,744	)
	Translation difference			(7	)		12			—			18			23
	2013 spending(a)			(7,173	)		(2,110	)		—			(7,269	)		(16,552	)

	Balance at December 28, 2013			3,036			2,151			—			11,707			16,894
	2014 provision(a)			33,729			1,540			6,367			316			41,952
	2014 asset write-downs			—			—			(6,367	)		—			(6,367	)
	Translation difference			—			—			—			(3	)		(3	)
	2014 spending(a)			(34,685	)		(2,704	)		—			(5,190	)		(42,579	)

	Balance at January 3, 2015(b)		$	2,080		$	987		$	—		$	6,830		$	9,897




	(a)	Payroll and related costs provision and spending include $17.3 million and $2.8 million in 2014 and 2013, respectively, of non-cash share-based compensation expense.
	(b)	The balance in other costs at January 3, 2015 includes $6.8 million for a withdrawal liability incurred in 2011 related to a multi-employer pension plan that the Company will pay through June 1, 2016.
	Expenses associated with the Company's streamlining actions were primarily recorded in SG&A in the Consolidated Statements of Operations and impacted reportable segments and Corporate as follows:

			Fiscal Years Ended
	In thousands		January 3, 2015			December 28, 2013			December 29, 2012
	KATE SPADE North America		$	7,319		$	791		$	2,519
	KATE SPADE International			1,567			—			—
	Adelington Design Group			982			272			3,112
	Other(a)			32,084			9,538			37,562

	Total		$	41,952		$	10,601		$	43,193




	(a)	Other consists of unallocated corporate restructuring costs and Juicy Couture and Lucky Brand restructuring charges principally related to distribution functions that are not directly attributable to Juicy Couture or Lucky Brand and therefore have not been included in discontinued operations.

SHAREBASED_COMPENSATION

SHARE-BASED COMPENSATION	12 Months Ended
SHARE-BASED COMPENSATION	Jan. 03, 2015
SHARE-BASED COMPENSATION
SHARE-BASED COMPENSATION	NOTE 14: SHARE-BASED COMPENSATION
	The Company issues stock options, restricted shares, restricted share units and shares with performance features to employees under share-based compensation plans, which are described herein.
	Compensation expense for stock options and restricted stock awards is measured at fair value on the date of grant based on the number of shares granted. The fair value of stock options is estimated based on the Binomial lattice pricing model; the fair value of restricted shares is based on the quoted market price on the date of the grant. Stock option expense is recognized using the straight-line attribution basis over the entire vesting period of the award. Restricted share, restricted share unit and performance share expense is recognized on a straight-line basis over the requisite service period for each separately vesting portion of the award as if the award was, in substance, multiple awards. Expense is recognized net of estimated forfeitures.
	During 2014, the Company's Compensation Committee approved the continued vesting of unvested options and restricted stock awards without any required service period or the accelerated vesting of such awards for former employees, including former executive officers, upon their separation from the Company. Compensation expense related to the Company's share-based payment awards totaled $37.3 million, $7.3 million and $6.9 million for the years ended January 3, 2015, December 28, 2013 and December 29, 2012, respectively. Compensation expense included $17.3 million and $2.8 million for the years ended January 3, 2015 and December 28, 2013, respectively, that was classified as restructuring.

	Stock Plans
	In March 1992, March 2000, March 2002, March 2005, May 2011 and May 2013 the Company adopted the "1992 Plan," the "2000 Plan," the "2002 Plan," the "2005 Plan," the "2011 Plan" and the "2013 Plan" respectively, under which options (both nonqualified options and incentive stock options) to acquire shares of common stock may be granted to officers, other key employees, consultants and outside directors, in each case as selected by the Company's Compensation Committee (the "Committee"). Payment by option holders upon exercise of an option may be made in cash or, with the consent of the Committee, by delivering previously acquired shares of Company common stock or any other method approved by the Committee. If previously acquired shares are tendered as payment, the shares are subject to a six-month holding period, as well as specific authorization by the Committee. To date, this type of exercise has not been approved or transacted. The Committee has the authority under all of the plans to allow for a cashless exercise option, commonly referred to as a "broker-assisted exercise." Under this method of exercise, participating employees must make a valid exercise of their stock options through a designated broker. Based on the exercise and information provided by the Company, the broker sells the shares on the open market. The employees receive cash upon settlement, some of which is used to pay the purchase price. Neither the stock-for-stock nor broker-assisted cashless exercise option are generally available to executive officers or directors of the Company. Although there are none currently outstanding, stock appreciation rights may be granted in connection with all or any part of any option granted under the plans and may also be granted without a grant of a stock option. Vesting schedules will be accelerated upon a change of control of the Company. Options and stock appreciation rights generally may not be transferred during the lifetime of a holder.
	Awards under the 2002 and 2005 Plans may also be made in the form of dividend equivalent rights, restricted stock, unrestricted stock performance shares and restricted stock units. Exercise prices for awards under the 2000, 2002, 2005, 2011 and 2013 Plans are determined by the Committee; to date, all stock options have been granted at an exercise price not less than the closing market value of the underlying shares on the date of grant.
	Awards granted under plans no longer in use by the Company, including the 2002, 2000 and 1992 Plans, remain in effect in accordance with their terms. The 2005 Plan provides for the issuance of up to 5.0 million shares of common stock with respect to options, stock appreciation rights and other awards. The 2005 Plan expires in 2015. The 2011 Plan provides for the issuance of up to 3.0 million shares of common stock, of which no more than 1.5 million shares may be awarded pursuant to grants of restricted stock, restricted stock units, unrestricted stock and performance shares. The 2011 Plan expires in 2021. The 2013 Plan provides for the issuance of up to 9.5 million shares of common stock. The 2013 Plan expires in 2023. As of January 3, 2015, 6.8 million shares were available for future grant under the 2005, 2011 and 2013 Plans.
	The Company delivers treasury shares upon the exercise of stock options and vesting of restricted shares. The difference between the cost of the treasury shares and the exercise price of the options has been reflected on a first-in, first-out basis.

	Stock Options
	The Company grants stock options to certain domestic and international employees. These options are subject to transfer restrictions and risk of forfeiture until earned by continuing employment. Stock options are issued at the current market price and have a three-year vesting period and a contractual term of 7-10 years.
	The Company utilizes the Binomial lattice pricing model to estimate the fair value of options granted. The Company believes this model provides the best estimate of fair value due to its ability to incorporate inputs that change over time, such as volatility and interest rates and to allow for actual exercise behavior of option holders.

			Fiscal Years Ended
	Valuation Assumptions:		December 28, 2013		December 29, 2012
	Weighted-average fair value of options granted		$10.32		$6.04
	Expected volatility		59.50%		63.30%
	Weighted-average volatility		59.50%		63.30%
	Expected term (in years)		4.9		5.1
	Dividend yield		—		—
	Risk-free rate		0.1% to 3.9%		0.2% to 3.8%
	Expected annual forfeiture		12.40%		13.50%
	Expected volatilities are based on a term structure of implied volatility, which assumes changes in volatility over the life of an option. The Company utilizes historical optionee behavioral data to estimate the option exercise and termination rates that are used in the valuation model. The expected term represents an estimate of the period of time options are expected to remain outstanding. The expected term provided in the above table represents an option weighted-average expected term based on the estimated behavior of distinct groups of employees who received options in 2014, 2013 and 2012. The range of risk-free rates is based on a forward curve of interest rates at the time of option grant.
	A summary of award activity under the Company's stock option plans as of January 3, 2015 and changes therein during the fiscal year then ended are as follows:

			Shares			Weighted Average		Weighted Average		Aggregate
						Exercise Price		Remaining		Intrinsic Value
								Contractual Term		(In thousands)
	Outstanding at December 28, 2013			5,166,375		$	11.26		3.4	$	108,498
	Exercised			(4,010,331	)		10.46				98,734
	Cancelled/expired			(125,075	)		37.21

	Outstanding at January 3, 2015			1,030,969		$	11.25		3.9	$	21,613


	Vested or expected to vest at January 3, 2015			1,020,053		$	11.16		3.9	$	21,477
	Exercisable at January 3, 2015			537,404		$	6.85		3.1	$	13,628
	The intrinsic value per option exercised was $24.62 and $16.46 for the fiscal years ended January 3, 2015 and December 28, 2013, respectively, and was insignificant for the fiscal year ended December 29, 2012.
	As of January 3, 2015, there were approximately 0.5 million nonvested stock options with a weighted average exercise price of $16.03 and there was $0.6 million of total unrecognized compensation cost related to nonvested stock options granted under the Company's stock option plans. That expense is expected to be recognized over a weighted average period of 0.8 years. The total fair value of shares vested for the years ended January 3, 2015, December 28, 2013 and December 29, 2012 was $3.2 million, $4.9 million and $4.1 million, respectively.

	Restricted Stock
	The Company grants restricted shares and restricted share units to certain domestic and international employees. These shares are subject to transfer restrictions and risk of forfeiture until earned by continued employment. These shares generally vest 50% on the second anniversary date from the date of grant and 50% on the third anniversary date from the date of grant.
	The Company grants performance shares to certain of its employees, including the Company's executive officers. Performance shares are earned based on the achievement of certain profit or other targets aligned with the Company's strategy.
	In 2014, the Company granted 1,291,487 market share units ("MSUs") to a group of key executives with an aggregate grant date fair value of $64.9 million as staking grants ("Staking Grants") and as part of an annual long-term incentive plan ("LTIP"). The Staking Grants have a grant date fair value of $54.8 million and vest 50% on the third anniversary of grant and 50% on the fifth anniversary of grant. The MSUs included in the LTIP represent a portion of the awards granted under that plan, have a grant date fair value of $10.1 million and vest 50% on each of the second and third anniversaries of the grant date. The MSUs issued as Staking Grants and as part of the LTIP have a minimum earnout of 30% of target. The MSUs earned will vary from 30% to 200% of the number of MSUs awarded depending on the actual performance of the Company's stock price over the vesting periods.
	The fair value for the MSUs granted was calculated using the Monte Carlo simulation model. For the year ended January 3, 2015, the following assumptions were used in determining fair value:

	Valuation Assumptions:		Fiscal Year Ended
	Valuation Assumptions:		January 3, 2015
	Weighted-average fair value		$
	Weighted-average fair value		50.24
	Expected volatility		52.3%
	Dividend yield		—
	Risk-free rate		1.68%
	Weighted-average expected annual forfeiture		4.8%
	The other portion of the LTIP consists of an award of 202,541 performance shares that vests on the third anniversary of the grant date. The number of performance shares earned will vary from zero to 200% of the number of awards granted depending on the Company's Total Shareholder Return ("TSR") relative to the TSR of the S&P Mid-Cap 400 Index. The performance shares have a grant date fair value of $8.9 million that was calculated using a Monte Carlo simulation model. For the year ended January 3, 2015, the following assumptions were used in determining fair value:

	Valuation Assumptions		Fiscal Year Ended
	Valuation Assumptions		January 3, 2015
	Weighted-average fair value		$
	Weighted-average fair value		43.93
	Expected volatility		44.2%
	Dividend yield		—
Risk-free rate		0.66%
Weighted-average expected annual forfeiture		4.0%
In 2012, the Company granted 535,000 performance share units with a two year performance period and a three year service period, subject to a market condition adjustment, to a group of key executives. The performance criteria included certain earnings metrics for consecutive periods through December 2013. These awards were determined to be unearned by the Compensation Committee based upon the review of performance at the conclusion of fiscal 2013, and were cancelled according to their terms.
Each of the Company's non-employee Directors received an annual grant of shares of common stock with a value of $100,000 as part of an annual retainer for serving on the Board of Directors, with the exception of the Chairman of the Board, who received an annual grant of shares of common stock with a value of $150,000. Retainer shares are non-transferable until the first anniversary of the grant, with 25% becoming transferable on each of the first and second anniversary of the grant and 50% becoming transferable on the third anniversary, subject to certain exceptions.
A summary of award activity under the Company's restricted stock plans as of January 3, 2015 and changes therein during the fiscal year then ended are as follows:

		Shares			Weighted Average
					Grant Date Fair
					Value
Nonvested stock at December 28, 2013			1,035,250		$	14.93
Granted			1,637,778			48.05
Vested			(406,500	)		17.01
Cancelled(a)			(546,954	)		16.8

Nonvested stock at January 3, 2015			1,719,574		$	45.39


Expected to vest as of January 3, 2015(b)			1,492,428		$	45.42




(a)	Includes performance shares granted to a group of key executives with certain performance conditions, measured through December 2013 and a market and service condition through December 2014. These shares which were contingently issuable based on 2013 performance were deemed not earned and cancelled.
(b)	Excludes the potential impact of the performance share multiplier, which will vary from 30% to 200% of the number of MSUs awarded depending on the actual performance of the Company's stock price over the vesting periods and zero to 200% of the number of LTIP awards granted depending on the Company's TSR relative to the TSR of the S&P Mid-Cap 400 Index.
The weighted average grant date fair value of restricted shares granted in the years ended January 3, 2015, December 28, 2013 and December 29, 2012 was $48.05, $21.79 and $11.91, respectively.
As of January 3, 2015, there was $48.6 million of total unrecognized compensation cost related to nonvested stock awards granted under the restricted stock plans. That expense is expected to be recognized over a weighted average period of 2.7 years. The total fair value of shares vested during the years ended January 3, 2015, December 28, 2013 and December 29, 2012 was $6.9 million, $1.6 million and $2.3 million, respectively.

PROFITSHARING_RETIREMENT_SAVIN

PROFIT-SHARING RETIREMENT, SAVINGS AND DEFERRED COMPENSATION PLANS	12 Months Ended
	Jan. 03, 2015
PROFIT-SHARING RETIREMENT, SAVINGS AND DEFERRED COMPENSATION PLANS
PROFIT-SHARING RETIREMENT, SAVINGS AND DEFERRED COMPENSATION PLANS	NOTE 15: PROFIT-SHARING RETIREMENT, SAVINGS AND DEFERRED COMPENSATION PLANS
	The Company maintains a qualified defined contribution plan for its eligible employees. This plan allows deferred arrangements under section 401(k) of the Internal Revenue Code and provides for employer-matching contributions. The plan contains provisions for a discretionary profit sharing component, although such a contribution was not made for 2014, 2013 or 2012.
	The Company's aggregate 401(k)/Profit Sharing Plan contribution expense, which is included in SG&A in the accompanying Consolidated Statements of Operations, was $1.4 million, $1.3 million and $1.1 million for the fiscal years ended January 3, 2015, December 28, 2013 and December 29, 2012, respectively.
	The Company has a non-qualified supplemental retirement plan for certain employees whose benefits under the 401(k)/Profit Sharing Plan are expected to be constrained by the operation of certain Internal Revenue Code limitations. The supplemental plan provides a benefit equal to the difference between the contribution that would be made for an employee under the tax-qualified plan absent such limitations and the actual contribution under that plan. The supplemental plan also allows certain employees to defer up to 50% of their base salary and up to 100% of their annual bonus. The Company established an irrevocable "rabbi" trust to which the Company makes periodic contributions to provide a source of funds to assist in meeting its obligations under the supplemental plan. The principal of the trust, and earnings thereon, are to be used exclusively for the participants under the plan, subject to the claims of the Company's general creditors.

EARNINGS_PER_COMMON_SHARE

EARNINGS PER COMMON SHARE	12 Months Ended
EARNINGS PER COMMON SHARE	Jan. 03, 2015
EARNINGS PER COMMON SHARE
EARNINGS PER COMMON SHARE	NOTE 16: EARNINGS PER COMMON SHARE
	The following table sets forth the computation of basic and diluted earnings (loss) per common share:

			Fiscal Years Ended
	In thousands, except per share data		January 3, 2015		December 28, 2013			December 29, 2012
	Income (loss) from continuing operations		$	76,726	$	(32,165	)	$	(52,687	)
	Income (loss) from discontinued operations, net of income taxes			82,434		105,160			(21,818	)

	Net income (loss)		$	159,160	$	72,995		$	(74,505	)


	Basic weighted average shares outstanding			126,264		121,057			109,292
	Stock options and nonvested shares(a)(b)			755		—			—
	Convertible Notes(c)			—		—			—

	Diluted weighted average shares outstanding			127,019		121,057			109,292


	Earnings (loss) per share:
	Basic
	Income (loss) from continuing operations		$	0.61	$	(0.27	)	$	(0.48	)
	Income (loss) from discontinued operations			0.65		0.87			(0.20	)

	Net income (loss)		$	1.26	$	0.6		$	(0.68	)


	Diluted
	Income (loss) from continuing operations		$	0.6	$	(0.27	)	$	(0.48	)
	Income (loss) from discontinued operations			0.65		0.87			(0.20	)

	Net income (loss)		$	1.25	$	0.6		$	(0.68	)




	(a)	Because the Company incurred a loss from continuing operations for the years ended December 28, 2013 and December 29, 2012, outstanding stock options and nonvested shares are antidilutive. Accordingly, for the years ended December 28, 2013 and December 29, 2012, approximately 5.2 million and 5.8 million outstanding stock options, respectively, and approximately 0.5 million and 0.5 million outstanding nonvested shares, respectively, were excluded from the computation of diluted loss per share.
	(b)	Excludes approximately 0.5 million and 1.2 million nonvested shares for the years ended December 28, 2013 and December 29, 2012, respectively, for which the performance criteria were not achieved.
	(c)	Because the Company incurred a loss from continuing operations for the years ended December 28, 2013 and December 29, 2012, approximately 1.5 million and 12.3 million, respectively, potentially dilutive shares issuable upon conversion of the Convertible Notes were considered antidilutive for such period and were excluded from the computation of diluted loss per share.

ADDITIONAL_FINANCIAL_INFORMATI

ADDITIONAL FINANCIAL INFORMATION	12 Months Ended
ADDITIONAL FINANCIAL INFORMATION	Jan. 03, 2015
ADDITIONAL FINANCIAL INFORMATION
ADDITIONAL FINANCIAL INFORMATION	NOTE 17: ADDITIONAL FINANCIAL INFORMATION

	Licensing-Related Transactions
	In November 2011, in connection with the Company's sale of its LIZ CLAIBORNE brand and certain rights to its MONET brand to JCPenney, the Company entered into an agreement with JCPenney to develop exclusive brands for JCPenney, which included payment to the Company of a $20.0 million refundable advance. The agreement terminated by its terms without being exercised on February 1, 2013, and the $20.0 million advance was refunded to JCPenney on February 8, 2013, pursuant to the terms of the agreement.
	Following the sale of the Liz Claiborne brand name, the Company maintains: (i) an exclusive supplier arrangement to provide JCPenney with LIZ CLAIBORNE and MONET branded jewelry; (ii) a royalty-free license through July 2020 for the LIZ CLAIBORNE NEW YORK brand, which is sold exclusively at QVC through the 2009 previously existing license between the Company and QVC; and (iii) a royalty-free license through July 2020 to use the LIZWEAR brand to design, manufacture and distribute LIZWEAR-branded products to the club store channel.

	Other Expense, Net
	Other expense, net primarily consisted of (i) foreign currency transaction (losses) gains of $(1.6) million, $(1.1) million and $1.3 million for the years ended January 3, 2015, December 28, 2013 and December 29, 2012, respectively; and (ii) equity in earnings of investments in equity investees.

	Consolidated Statements of Cash Flows Supplementary Disclosures
	During the years ended January 3, 2015, December 28, 2013 and December 29, 2012, net income tax refunds (payments) were $1.0 million, $2.4 million and $(1.1) million, respectively. During the years ended January 3, 2015, December 28, 2013 and December 29, 2012, the Company made interest payments of $34.1 million, $43.6 million and $38.7 million, respectively. The Company received interest payments of $4.0 million for the year ended January 3, 2015. As of January 3, 2015, December 28, 2013 and December 29, 2012, the Company accrued capital expenditures totaling $9.8 million, $13.3 million and $7.7 million, respectively.
	On February 3, 2014, the Company received a three-year $85.0 million note issued by Lucky Brand LLC (see Note 1 — Basis of Presentation), which is reflected in Note Receivable on the accompanying Condensed Consolidated Balance Sheet.
	During 2013 holders of $19.9 million aggregate principal amount of the Convertible Notes converted all of such outstanding Convertible Notes into 5,634,179 shares of the Company's common stock.
	During 2012, holders of $49.4 million aggregate principal amount of the Convertible Notes converted all of such outstanding Convertible Notes into 14,197,106 shares of the Company's common stock.
	During 2013, the Company received net proceeds of $4.0 million from the sale of its noncontrolling interest in Mexx Lifestyle B.V. to Gores, which is reflected as Net proceeds from disposition on the accompanying Consolidated Statement of Cash Flows.
	During 2014, the Company made business acquisition payments of $32.3 million related to the reacquisition of the KATE SPADE businesses in Southeast Asia (see Note 2 — Acquisitions and Note 23 — Subsequent Events).
	During 2012, the Company made business acquisition payments of $41.0 million related to the KSJ Buyout.

SEGMENT_REPORTING

SEGMENT REPORTING	12 Months Ended
SEGMENT REPORTING	Jan. 03, 2015
SEGMENT REPORTING
SEGMENT REPORTING	NOTE 18: SEGMENT REPORTING
	In conjunction with the sale of Lucky Brand and the substantial completion of the Juicy Couture wind-down in the second quarter of 2014, the Company disaggregated its former KATE SPADE reportable segment into two reportable segments, KATE SPADE North America and KATE SPADE International. The Company operates its kate spade new york, KATE SPADE SATURDAY and JACK SPADE brands through one operating segment in North America and four operating segments internationally: Japan, Southeast Asia, Europe and Latin America. The Company's Adelington Design Group reportable segment is also an operating segment. The three reportable segments described below represent the Company's activities for which separate financial information is available and which is utilized on a regular basis by the Company's CODM to evaluate performance and allocate resources. In identifying the Company's reportable segments, the Company considers its management structure and the economic characteristics, products, customers, sales growth potential and long-term profitability of its operating segments. As such, the Company configured its operations into the following three reportable segments:
	•	KATE SPADE North America segment — consists of the Company's kate spade new york, KATE SPADE SATURDAY and JACK SPADE brands in North America.
	•	KATE SPADE International segment — consists of the Company's kate spade new york, KATE SPADE SATURDAY and JACK SPADE brands in International markets (principally in Japan, Southeast Asia, Europe and Latin America).
	•	Adelington Design Group segment — consists of: (i) exclusive arrangements to supply jewelry for the LIZ CLAIBORNE and MONET brands; (ii) the wholesale apparel and wholesale non-apparel operations of the licensed LIZWEAR brand and other brands; and (iii) the licensed LIZ CLAIBORNE NEW YORK brand.
	The Company's Chief Executive Officer has been identified as the CODM. The Company's measure of segment profitability is Adjusted EBITDA of each reportable segment. Accordingly, the CODM evaluates performance and allocates resources based primarily on Segment Adjusted EBITDA. Segment Adjusted EBITDA excludes: (i) depreciation and amortization; (ii) charges due to streamlining initiatives, brand-exiting activities and acquisition related costs; and (iii) losses on asset disposals and impairments. The costs of all corporate departments that serve the respective segment are fully allocated. The Company does not allocate amounts reported below Operating income (loss) to its reportable segments, other than equity income (loss) in equity method investees. The Company's definition of Segment Adjusted EBITDA may not be comparable to similarly titled measures of other companies.
	The accounting policies of the Company's reportable segments are the same as those described in Note 1 — Basis of Presentation and Significant Accounting Policies. Sales are reported based on a destination basis. The Company, as licensor, also licenses to third parties the right to produce and market products bearing certain Company-owned trademarks.

			Net Sales			% to Total			Depreciation			Adjusted			% of Sales			Segment		Expenditures
									and			EBITDA(b)						Assets		for Long-
									Amortization											Lived Assets
									Expense(a)
	Dollars in thousands
	Fiscal Year Ended January 3, 2015
	KATE SPADE North America		$	891,766			78.3	%	$	31,905		$	143,009			16	%	$	467,383	$	76,707
	KATE SPADE International			213,582			18.8	%		13,904			810			0.4	%		198,677		55,038
	Adelington Design Group			33,255			2.9	%		887			4,092			12.3	%		18,671		476
	Corporate and Other			—			—			7,742			(940	)		—			241,607		—

	Totals		$	1,138,603			100	%	$	54,438										$	132,221


	Fiscal Year Ended
	December 28, 2013
	KATE SPADE North America		$	597,748			74.4	%	$	23,961		$	70,250			11.8	%	$	377,102	$	58,089
	KATE SPADE International			145,404			18.1	%		8,476			(815	)		(0.6	)%		149,395		9,139
	Adelington Design Group			60,219			7.5	%		625			12,008			19.9	%		22,130		363
	Corporate and Other			—			—			5,718			(4,334	)		—			428,884		—

	Totals		$	803,371			100	%	$	38,780										$	67,591


	Fiscal Year Ended
	December 29, 2012
	KATE SPADE North America		$	411,507			75.5	%	$	21,364		$	24,924			6.1	%			$	41,885
	KATE SPADE International			50,418			9.3	%		2,260			3,454			6.9	%				47,115
	Adelington Design Group			82,840			15.2	%		958			17,694			21.4	%				392
	Corporate and Other			—			—			11,255			(4,332	)		—					—

	Totals		$	544,765			100	%	$	35,837										$	89,392




	(a)	For the years ended January 3, 2015, December 28, 2013 and December 29, 2012, $5.2 million, $3.6 million and $9.7 million, respectively, of Corporate depreciation and amortization was recorded within Interest expense, net on the accompanying Consolidated Statements of Operations.
	(b)	Other consists of expenses principally related to distribution functions that were included in Juicy Couture and Lucky Brand historical results, but are not directly attributable to those businesses and therefore have not been included in discontinued operations.
	The following tables provide a reconciliation to Income (loss) from continuing operations:

			Fiscal Years Ended
	In thousands		January 3, 2015			December 28, 2013			December 29, 2012
	Reportable Segments Adjusted EBITDA:
	KATE SPADE North America		$	143,009		$	70,250		$	24,924
	KATE SPADE International(a)			810			(815	)		3,454
	Adelington Design Group			4,092			12,008			17,694
	Other			(940	)		(4,334	)		(4,332	)

	Total Reportable Segments Adjusted EBITDA			146,971			77,109			41,740
	Depreciation and amortization, net(b)			(48,441	)		(35,088	)		(25,641	)
	Charges due to streamlining initiatives(c), brand-exiting activities, acquisition related costs, impairment of intangible assets and loss on asset disposals and impairments, net			(30,371	)		(15,716	)		(46,455	)
	Share-based compensation(d)			(37,270	)		(7,269	)		(6,911	)
	Equity loss included in Reportable Segments Adjusted EBITDA			2,583			1,179			1,245

	Operating Income (Loss)			33,472			20,215			(36,022	)
	Other expense, net(a)			(4,033	)		(2,062	)		(325	)
Impairment of cost investment			—			(6,109	)		—
Gain on acquisition of subsidiary			—			—			40,065
Loss on extinguishment of debt			(16,914	)		(1,707	)		(9,754	)
Interest expense, net			(20,178	)		(47,065	)		(51,612	)
Benefit for income taxes			(84,379	)		(4,563	)		(4,961	)

Income (Loss) from Continuing Operations		$	76,726		$	(32,165	)	$	(52,687	)




(a)	Amounts include equity in the losses of equity method investees of $2.6 million, $1.2 million and $1.2 million in 2014, 2013 and 2012, respectively.
(b)	Excludes amortization included in Interest expense, net.
(c)	See Note 13 — Streamlining Initiatives for a discussion of streamlining charges.
(d)	Includes share-based compensation expense of $17.3 million and $2.8 million in 2014 and 2013, respectively, that was classified as restructuring.
GEOGRAPHIC DATA

Dollars in thousands		Net Sales			% to Total			Long-Lived
Dollars in thousands		Net Sales			% to Total			Assets
Fiscal Year Ended January 3, 2015
Domestic		$	899,475			79.0	%	$	254,597
International			239,128			21.0	%		74,600

Total		$	1,138,603			100.0	%


Fiscal Year Ended December 28, 2013
Domestic		$	648,406			80.7	%	$	211,602
International			154,965			19.3	%		77,258

Total		$	803,371			100.0	%


Fiscal Year Ended December 29, 2012
Domestic		$	493,556			90.6	%
International			51,209			9.4	%

Total		$	544,765			100.0	%

ACCUMULATED_OTHER_COMPREHENSIV

ACCUMULATED OTHER COMPREHENSIVE LOSS	12 Months Ended
ACCUMULATED OTHER COMPREHENSIVE LOSS	Jan. 03, 2015
ACCUMULATED OTHER COMPREHENSIVE LOSS
ACCUMULATED OTHER COMPREHENSIVE LOSS	NOTE 19: ACCUMULATED OTHER COMPREHENSIVE LOSS
	Accumulated other comprehensive loss is comprised of the effects of foreign currency translation and gains on cash flow hedging derivatives, as detailed below:

	In thousands	January 3, 2015			December 28, 2013
	Cumulative translation adjustment, net of income taxes of $0	$	(32,096	)	$	(21,862	)
	Gains on cash flow hedging derivatives, net of income taxes of $1,168 and $602, respectively		2,110			983

	Accumulated other comprehensive loss, net of income taxes	$	(29,986	)	$	(20,879	)


	The following table presents the change in each component of Accumulated other comprehensive loss, net of income taxes:

	In thousands	Cumulative			Unrealized
		Translation			Gains on
		Adjustment			Cash Flow
					Hedging
					Derivatives
	Balance as of December 29, 2012	$	(10,074	)	$	—
	Other comprehensive (loss) income before reclassification		(11,788	)		1,805
	Amounts reclassified from accumulated other comprehensive loss		—			(822	)

	Balance as of December 28, 2013		(21,862	)		983
	Other comprehensive (loss) income before reclassification		(10,234	)		1,847
	Amounts reclassified from accumulated other comprehensive loss		—			(720	)

	Balance as of January 3, 2015	$	(32,096	)	$	2,110

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
RELATED PARTY TRANSACTIONS	Jan. 03, 2015
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS	NOTE 20: RELATED PARTY TRANSACTIONS
	In June 2011, the Company established a joint venture in China with E-Land Fashion China Holdings, Limited ("E-Land"). The joint venture is a Hong Kong limited liability company and its purpose is to market and distribute small leather goods and other fashion products and accessories in China under the kate spade brand. The joint venture operates under the name of KS China Co., Limited ("KSC") (see Note 23 — Subsequent Events). The Company accounted for its 40.0% interest in KSC under the equity method of accounting. The Company made capital contributions to KSC of $2.4 million, $5.5 million and $5.0 million and 2014, 2013 and 2012, respectively.
	On November 20, 2009, the Company and Sanei established a joint venture under the name of KSJ. During the fourth quarter of 2012, the Company acquired the remaining 51.0% interest in KSJ (see Note 2 — Acquisition).
	Kenneth P. Kopelman (a Director of the Company) is a partner in the law firm Kramer, Levin, Naftalis & Frankel LLP, which provided legal services to the Company in 2014, 2013 and 2012. The fees for such services were not significant in such periods. The foregoing transactions between the Company and this entity were effected on an arm's-length basis, with services provided at fair market value.
	The Company believes that each of the transactions described above was effected on terms no less favorable to the Company than those that would have been realized in transactions with unaffiliated entities or individuals.

RECENT_ACCOUNTING_PRONOUNCEMEN

RECENT ACCOUNTING PRONOUNCEMENTS	12 Months Ended
RECENT ACCOUNTING PRONOUNCEMENTS	Jan. 03, 2015
RECENT ACCOUNTING PRONOUNCEMENTS
RECENT ACCOUNTING PRONOUNCEMENTS	NOTE 21: RECENT ACCOUNTING PRONOUNCEMENTS
	In April 2014, new accounting guidance on the reporting of discontinued operations was issued, which revises the threshold for a disposal to qualify as a discontinued operation and requires new disclosures of both discontinued operations and certain other disposals that do not meet the definition of a discontinued operation. This guidance is effective for interim and annual periods beginning on or after December 15, 2014 and will be applied to future disposal transactions.
	In May 2014, new accounting guidance on the accounting for revenue recognition was issued, which requires entities to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This guidance is effective for interim and annual periods beginning on or after December 15, 2016. Early adoption is not permitted. The Company is currently evaluating the impact of the adoption of the new guidance on its financial statements.
	In June 2014, new accounting guidance on the accounting for share-based compensation was issued, which requires that a performance target that affects vesting, and that could be achieved after the requisite service period, be treated as a performance condition. As such, the performance target should not be reflected in estimating the grant date fair value of the award. This guidance further clarifies that compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the period for which the requisite service has already been rendered. This guidance is effective for interim and annual periods beginning on or after December 15, 2015. The adoption of the new guidance is not expected to affect the Company's financial position, results of operations or cash flows.
	In August 2014, new accounting guidance on the disclosure of an entity's ability to continue as a going concern was issued, which requires disclosure regarding management's responsibility in evaluating whether there is substantial doubt about a company's ability to continue as a going concern and to provide related footnote disclosures. This guidance is effective for the annual period ending after December 15, 2016, and for interim and annual periods thereafter. The adoption of the new guidance is not expected to affect the Company's financial position, results of operations or cash flows.

UNAUDITED_QUARTERLY_RESULTS

UNAUDITED QUARTERLY RESULTS	12 Months Ended
UNAUDITED QUARTERLY RESULTS	Jan. 03, 2015
UNAUDITED QUARTERLY RESULTS
UNAUDITED QUARTERLY RESULTS	NOTE 22: UNAUDITED QUARTERLY RESULTS
	Unaudited quarterly financial information for 2014 and 2013 is set forth in the table below. Certain amounts related to the first quarter of 2014 and 2013 have been revised from those previously reported in the Company's Quarterly Report on Form 10-Q in order to present the results of Juicy Couture as discontinued operations.

			March						June						September						December
	In thousands, except per share data		2014			2013			2014			2013			2014			2013			2014			2013
	Net sales		$	223,614		$	156,449		$	265,998		$	178,881		$	250,417		$	192,612		$	398,574		$	275,429
	Gross profit			136,823			98,096			155,910			110,478			157,314			118,222			230,224			169,794
	(Loss) income from continuing operations			-38,408	(b)		-23,745	(c)		-13,983	(d)		-23,588	(e)		2,623	(f)		-14,165	(g)		126,494	(h)		29,333	(i)
	Income (loss) from discontinued operations, net of income taxes			84,578			(28,429	)		9,579			(19,549	)		(11,753	)		(2,701	)		30			155,839

	Net income (loss)		$	46,170		$	(52,174	)	$	(4,404	)	$	(43,137	)	$	(9,130	)	$	(16,866	)	$	126,524		$	185,172


	Basic earnings per share:(a)
	(Loss) income from continuing operations		$	(0.31	)	$	(0.20	)	$	(0.11	)	$	(0.20	)	$	0.02		$	(0.12	)	$	0.99		$	0.24
	Income (loss) from discontinued operations			0.68			(0.24	)		0.08			(0.16	)		(0.09	)		(0.02	)		—			1.27

	Net income (loss)		$	0.37		$	(0.44	)	$	(0.03	)	$	(0.36	)	$	(0.07	)	$	(0.14	)	$	0.99		$	1.51


	Diluted earnings per share:(a)
	(Loss) income from continuing operations		$	(0.31	)	$	(0.20	)	$	(0.11	)	$	(0.20	)	$	0.02		$	(0.12	)	$	0.99		$	0.23
	Income (loss) from discontinued operations			0.68			(0.24	)		0.08			(0.16	)		(0.09	)		(0.02	)		—			1.25

	Net income (loss)		$	0.37		$	(0.44	)	$	(0.03	)	$	(0.36	)	$	(0.07	)	$	(0.14	)	$	0.99		$	1.48


	Basic weighted average shares outstanding(a)			124,403			119,032			126,664			120,013			126,971			122,396			127,160			122,785
	Diluted weighted average shares outstanding(a)			124,403			119,032			126,664			120,013			127,610			122,396			127,741			125,219


	(a)	Because the Company incurred a loss from continuing operations in the first three quarters of 2013 and first two quarters of 2014, outstanding stock options and nonvested shares are antidilutive for such periods. Accordingly, basic and diluted weighted average shares outstanding are equal for such periods.
	(b)	Included pretax expenses related to streamlining initiatives of $28.9 million.
	(c)	Included pretax expenses related to streamlining initiatives of $2.9 million.
	(d)	Included pretax expenses related to streamlining initiatives of $4.9 million.
	(e)	Included pretax expenses related to streamlining initiatives of $1.4 million.
	(f)	Included pretax expenses related to streamlining initiatives of $1.1 million.
	(g)	Included a pretax credit related to streamlining initiatives of $1.0 million
	(h)	Included pretax expenses related to streamlining initiatives of $7.1 million.
	(i)	Included pretax expenses related to streamlining initiatives of $7.3 million.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	12 Months Ended
SUBSEQUENT EVENTS	Jan. 03, 2015
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 23: SUBSEQUENT EVENTS
	In the first quarter of 2015, the Company and Walton Brown agreed to form two joint ventures focused on growing the Company's business in China and Hong Kong, Macau and Taiwan. Following the formation of the joint ventures, both Kate Spade Hong Kong, Limited, a wholly-owned subsidiary of the Company, and Walton Brown will own 50% of the shares of KSC and KS HMT Co., Limited, the holding company for the KATE SPADE businesses in Hong Kong, Macau and Taiwan.
	With an equal partnership structure, the Company and Walton Brown will actively manage the business together. The joint ventures each have an initial term of 10 years. To effectuate the new joint ventures, (i) the Company will acquire E-Land's 60% interest in KSC for an aggregate payment of $36.0 million, comprised of approximately $10.0 million to acquire E-Land's interest in KSC and approximately $26.0 million to terminate related contracts and (ii) the Company will receive approximately $21.0 million from LCJG for their interests in the joint ventures, subject to adjustments. These transactions are expected to close in the first quarter of 2015. The Company will no longer consolidate the operations for the businesses in Hong Kong, Macau and Taiwan, which had net sales of approximately $34.0 million in 2014, and will account for its investments in the joint ventures under the equity method of accounting.
	On January 29, 2015, the Company announced that it is focusing its business on kate spade new york. As part of this business model, the Company will be absorbing key elements of KATE SPADE SATURDAY's success into kate spade new york and discontinuing KATE SPADE SATURDAY as a standalone business. The Company also announced a new business model for JACK SPADE to leverage the distribution network of its retail partners and expand its e-commerce platform. As part of these actions, KATE SPADE SATURDAY's 16 Company-owned and three partnered store locations are expected to be closed during the first half of 2015. The Company will also be closing JACK SPADE's 12 Company-owned stores during the first half of 2015. KATE SPADE SATURDAY's e-commerce site will remain active during the wind-down phase until the label is incorporated and reintroduced into the kate spade new york brand. The Company expects total restructuring charges of $32.0 – $39.0 million relating to these actions, including: (i) estimated contract assignment and termination costs of $21.0 – $25.0 million and (ii) estimated employee-related costs (including severance) of $4.0 – $5.0 million; and (iii) non-cash asset impairment charges of $7.0 – $9.0 million.

SCHEDULE_II_VALUATION_AND_QUAL

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS	12 Months Ended
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS	Jan. 03, 2015
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS	SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS

					Additions
	In thousands		Balance at		Charged to		Charged to		Deductions			Balance at
			Beginning		Costs and		Other Accounts					End of Period
			of Period		Expenses
	YEAR ENDED JANUARY 3, 2015
	YEAR ENDED JANUARY 3, 2015
	Accounts receivable — allowance for doubtful accounts		$	1,800	$	1,189	$	—	$	1,273	(a)	$	1,716
	Allowance for returns			7,230		80,453		—		80,004			7,679
	Allowance for discounts			32		208		—		166			74
	Deferred tax valuation allowance			497,485		—		—		82,312			415,173
	YEAR ENDED DECEMBER 28, 2013
	YEAR ENDED DECEMBER 28, 2013
	Accounts receivable — allowance for doubtful accounts		$	1,625	$	229	$	—	$	54	(a)	$	1,800
	Allowance for returns			8,501		85,083		—		86,354			7,230
	Allowance for discounts			533		371		—		872			32
	Deferred tax valuation allowance			545,565		—		—		48,080			497,485
	YEAR ENDED DECEMBER 29, 2012
	YEAR ENDED DECEMBER 29, 2012
	Accounts receivable — allowance for doubtful accounts		$	340	$	1,555	$	—	$	270	(a)	$	1,625
	Allowance for returns			8,053		109,493		—		109,045			8,501
	Allowance for discounts			569		3,626		—		3,662			533
	Deferred tax valuation allowance			494,745		50,820		—		—			545,565


	(a)	Uncollectible accounts written off, less recoveries.

BASIS_OF_PRESENTATION_AND_SIGN1

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Jan. 03, 2015
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES
NATURE OF OPERATIONS AND BASIS OF PRESENTATION	NATURE OF OPERATIONS AND BASIS OF PRESENTATION
	Kate Spade & Company and its wholly-owned and majority-owned subsidiaries (the "Company") are engaged primarily in the design and marketing of a broad range of accessories and apparel. The Company operates its kate spade new york, KATE SPADE SATURDAY and JACK SPADE brands through one operating segment in North America and four operating segments internationally: Japan, Southeast Asia, Europe and Latin America. The Company's Adelington Design Group reportable segment is also an operating segment. The three reportable segments described below represent the Company's activities for which separate financial information is available and which is utilized on a regular basis by the Company's chief operating decision maker ("CODM") to evaluate performance and allocate resources. In identifying the Company's reportable segments, the Company considers its management structure and the economic characteristics, products, customers, sales growth potential and long-term profitability of its operating segments. As such, the Company configured its operations into the following three reportable segments:
	•	KATE SPADE North America segment — consists of the Company's kate spade new york, KATE SPADE SATURDAY and JACK SPADE brands in North America.
	•	KATE SPADE International segment — consists of the Company's kate spade new york, KATE SPADE SATURDAY and JACK SPADE brands in International markets (principally in Japan, Southeast Asia, Europe and Latin America).
	•	Adelington Design Group segment — consists of: (i) exclusive arrangements to supply jewelry for the LIZ CLAIBORNE and MONET brands; (ii) the wholesale apparel and wholesale non-apparel operations of the licensed LIZWEAR brand and other brands; and (iii) the licensed LIZ CLAIBORNE NEW YORK brand.
	On February 5, 2014, the Company, through its Kate Spade, LLC and Kate Spade Hong Kong Ltd. subsidiaries, reacquired existing KATE SPADE businesses in Southeast Asia from Globalluxe Kate Spade HK Limited ("Globalluxe") for $32.3 million, including $2.3 million for working capital and other previously agreed adjustments. In the first quarter of 2015, the Company and Walton Brown, a subsidiary of The Lane Crawford Joyce Group ("LCJG"), agreed to form two joint ventures focused on growing the Company's business in China and Hong Kong, Macau and Taiwan (see Note 2 — Acquisitions and Note 23 — Subsequent Events).
	On February 3, 2014, the Company completed the sale of 100.0% of the capital stock of Lucky Brand Dungarees, Inc. ("Lucky Brand") to LBD Acquisition Company, LLC ("LBD Acquisition"), a Delaware limited liability company and affiliate of Leonard Green & Partners, L.P. ("Leonard Green"), for an aggregate payment of $225.0 million, comprised of $140.0 million cash consideration and a three-year $85.0 million note (the "Lucky Brand Note") issued by Lucky Brand Dungarees, LLC ("Lucky Brand LLC") at closing, subject to working capital and other adjustments (the "Lucky Brand Transaction"). The assets and liabilities of the former Lucky Brand business were segregated and reported as held for sale as of December 28, 2013 (see Note 3 — Discontinued Operations). The Lucky Brand Note matures in February 2017 and is guaranteed by substantially all of Lucky Brand LLC's subsidiaries. The Lucky Brand Note is secured by second-priority lien on all accounts receivable and inventory of Lucky Brand LLC and the guarantor subsidiaries and a first-priority lien on all other collateral of Lucky Brand LLC and the guarantors. The accounts receivable and inventory secure Lucky Brand LLC's asset-based revolving loan facility on a first-priority basis, and the other collateral secures that loan facility on a second-priority basis. The principal amount of the Lucky Brand Note increases by $5.0 million per year in equal monthly increments and bears cash interest of $8.0 million per year, payable semiannually in arrears. The Lucky Brand Note is prepayable at any time by Lucky Brand LLC without a prepayment premium, subject to certain restrictions as to the minimum amount that may be prepaid without the Company's consent.
	On November 6, 2013, the Company completed the sale of its Juicy Couture brandname and related intellectual property assets (the "Juicy Couture IP") to an affiliate of Authentic Brands Group ("ABG") for a total purchase price of $195.0 million. An additional payment may be payable to the Company in an amount of up to $10.0 million if certain conditions regarding future performance are achieved. The Juicy Couture IP was licensed back to the Company to accommodate the wind-down of operations, which was substantially completed in the second quarter of 2014. The Company's subsidiary, Juicy Couture, Inc., paid guaranteed minimum royalties to ABG of $10.0 million during the term of the wind-down license. On March 29, 2014, the Company entered into an agreement to sell its Juicy Couture business in Europe to an operating partner of ABG for $8.6 million, subject to working capital adjustments. The transaction closed on April 7, 2014.
	On November 19, 2013, the Company entered into an agreement to terminate the lease of the Juicy Couture flagship store on Fifth Avenue in New York City in exchange for $51.0 million. On May 15, 2014, the Company surrendered such premises to the landlord and received proceeds of $45.8 million (net of taxes and fees), in addition to $5.0 million previously received by the Company.
	The activities of the Company's former Lucky Brand and Juicy Couture businesses have been segregated and reported as discontinued operations for all periods presented.
	Summarized financial data for the aforementioned brands that are classified as discontinued operations are provided in Note 3 — Discontinued Operations.

PRINCIPLES OF CONSOLIDATION	PRINCIPLES OF CONSOLIDATION
	The Consolidated Financial Statements include the accounts of the Company. All inter-company balances and transactions have been eliminated in consolidation.

USE OF ESTIMATES AND CRITICAL ACCOUNTING POLICIES	USE OF ESTIMATES AND CRITICAL ACCOUNTING POLICIES
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Consolidated Financial Statements. These estimates and assumptions also affect the reported amounts of revenues and expenses. Estimates by their nature are based on judgments and available information. Therefore, actual results could materially differ from those estimates under different assumptions and conditions.
	Critical accounting policies are those that are most important to the portrayal of the Company's financial condition and results of operations and require management's most difficult, subjective and complex judgments as a result of the need to make estimates about the effect of matters that are inherently uncertain. The Company's most critical accounting policies, discussed below, pertain to revenue recognition, income taxes, accounts receivable — trade, inventories, intangible assets, goodwill, accrued expenses and share-based compensation. In applying such policies, management must use some amounts that are based upon its informed judgments and best estimates. Due to the uncertainty inherent in these estimates, actual results could differ from estimates used in applying the critical accounting policies. Changes in such estimates, based on more accurate future information, may affect amounts reported in future periods.

Revenue Recognition
	Revenue Recognition
	The Company recognizes revenue from its direct-to-consumer, wholesale and licensing operations. Retail store and e-commerce revenues are recognized net of estimated returns at the time of sale to consumers. Sales tax collected from customers is excluded from revenue. Proceeds received from the sale of gift cards are recorded as a liability and recognized as sales when redeemed by the holder. The Company does not recognize revenue for estimated gift card breakage. Revenue within the Company's wholesale operations is recognized at the time title passes and risk of loss is transferred to customers. Wholesale revenue is recorded net of returns, discounts and allowances. Returns and allowances require pre-approval from management. Discounts are based on trade terms. Estimates for end-of-season allowances are based on historical trends, seasonal results, an evaluation of current economic conditions and retailer performance. The Company reviews and refines these estimates on a monthly basis based on current experience, trends and retailer performance. The Company's historical estimates of these costs have not differed materially from actual results. Licensing revenues, which amounted to $16.2 million, $17.8 million and $19.6 million during 2014, 2013 and 2012, respectively, are recorded based upon contractually guaranteed minimum levels and adjusted as actual sales data is received from licensees.

Income Taxes
	Income Taxes
	Deferred income tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, as measured by enacted tax rates that are expected to be in effect in the periods when the deferred tax assets and liabilities are expected to be realized or settled. The Company also assesses the likelihood of the realization of deferred tax assets and adjusts the carrying amount of these deferred tax assets by a valuation allowance to the extent the Company believes it more likely than not that all or a portion of the deferred tax assets will not be realized. Many factors are considered when assessing the likelihood of future realization of deferred tax assets, including recent earnings results within taxing jurisdictions, expectations of future taxable income, the carryforward periods available and other relevant factors. Changes in the required valuation allowance are recorded in income in the period such determination is made. Significant judgment is required in determining the worldwide provision for income taxes. Changes in estimates may create volatility in the Company's effective tax rate in future periods for various reasons including changes in tax laws or rates, changes in forecasted amounts and mix of pretax income (loss), settlements with various tax authorities, either favorable or unfavorable, the expiration of the statute of limitations on some tax positions and obtaining new information about particular tax positions that may cause management to change its estimates. In the ordinary course of a global business, the ultimate tax outcome is uncertain for many transactions. It is the Company's policy to recognize the impact of an uncertain income tax position on its income tax return at the largest amount that is more likely than not to be sustained upon audit by the relevant taxing authority. An uncertain income tax position will not be recognized if it has less than a 50.0% likelihood of being sustained. The tax provisions are analyzed periodically (at least quarterly) and adjustments are made as events occur that warrant adjustments to those provisions. The Company records interest expense and penalties payable to relevant tax authorities as income tax expense.

Accounts Receivable - Trade, Net
	Accounts Receivable — Trade, Net
	In the normal course of business, the Company extends credit to customers that satisfy pre-defined credit criteria. Accounts receivable — trade, net, as shown on the Consolidated Balance Sheets, is net of allowances and anticipated discounts. An allowance for doubtful accounts is determined through analysis of the aging of accounts receivable at the date of the financial statements, assessments of collectibility based on an evaluation of historical and anticipated trends, the financial condition of the Company's customers and an evaluation of the impact of economic conditions. An allowance for discounts is based on those discounts relating to open invoices where trade discounts have been extended to customers. Costs associated with potential returns of products as well as allowable customer markdowns and operational charge backs, net of expected recoveries, are included as a reduction to sales and are part of the provision for allowances included in Accounts receivable — trade, net. These provisions result from seasonal negotiations with the Company's customers as well as historical deduction trends, net of expected recoveries, and the evaluation of current market conditions. The Company's historical estimates of these costs have not differed materially from actual results.

Inventories, Net
	Inventories, Net
	Inventories for seasonal, replenishment and on-going merchandise are recorded at the lower of actual average cost or market value. The Company continually evaluates the composition of its inventories by assessing slow-turning, ongoing product as well as prior seasons' fashion product. Market value of distressed inventory is estimated based on historical sales trends for this category of inventory of the Company's individual product lines, the impact of market trends and economic conditions and the value of current orders in-house relating to the future sales of this type of inventory. Estimates may differ from actual results due to quantity, quality and mix of products in inventory, consumer and retailer preferences and market conditions. The Company's historical estimates of these costs and its provisions have not differed materially from actual results.

Intangibles, Net
	Intangibles, Net
	Intangible assets with indefinite lives are not amortized, but rather tested for impairment at least annually. The Company's annual impairment test is performed as of the first day of the third fiscal quarter.
	The Company assesses qualitative factors to determine whether the existence of events and circumstances indicates that it is more likely than not that the indefinite-lived intangible asset is impaired. If, after assessing the totality of events and circumstances, the Company concludes that it is not more likely than not that an indefinite-lived intangible asset is impaired, then the Company is not required to take further action. However, if the Company concludes otherwise, then it is required to determine the fair value of the indefinite-lived intangible asset and perform the quantitative impairment test by comparing the fair value with the carrying amount. The Company estimates the fair value of these intangible assets based on an income approach using the relief-from-royalty method. This methodology assumes that, in lieu of ownership, a third party would be willing to pay a royalty in order to exploit the related benefits of these types of assets. This approach is dependent on a number of factors, including estimates of future growth and trends, royalty rates in the category of intellectual property, discount rates and other variables. The Company bases its fair value estimates on assumptions it believes to be reasonable, but which are unpredictable and inherently uncertain. Actual future results may differ from those estimates. The Company recognizes an impairment loss when the estimated fair value of the intangible asset is less than the carrying value.
	The recoverability of the carrying values of all intangible assets with finite lives is re-evaluated when events or changes in circumstances indicate an asset's value may be impaired. Impairment testing is based on a review of forecasted operating cash flows. If such analysis indicates that the carrying value of these assets is not recoverable, the carrying value of such assets is reduced to fair value through a charge to the Consolidated Statement of Operations.
	Intangible assets with finite lives are amortized over their respective lives to their estimated residual values. Trademarks with finite lives are amortized over their estimated useful lives. Intangible merchandising rights are amortized over a period of 3 to 4 years. Customer relationships are amortized assuming gradual attrition over periods ranging from 12 to 14 years.
	In the fourth quarter of 2014 and the third quarter of 2013, the Company recorded non-cash impairment charges of $1.5 million and $3.3 million, respectively, which reflected the difference in the estimated fair value and carrying value of the TRIFARI trademark (see Note 11 — Fair Value Measurements).
	As a result of the impairment analysis performed in connection with the Company's purchased trademarks with indefinite lives, no impairment charges were recorded during 2012.

Goodwill
	Goodwill
	Goodwill is not amortized but rather tested for impairment at least annually. The Company's annual impairment test is performed as of the first day of the third fiscal quarter.
	The Company assesses qualitative factors to determine whether the existence of events and circumstances indicates that it is more likely than not that goodwill is impaired. If, after assessing the totality of events and circumstances, the Company concludes that it is not more likely than not that goodwill is impaired, then the Company is not required to take further action. However, if the Company concludes otherwise, then it is required to determine the fair value of goodwill and perform the quantitative impairment test by comparing the fair value and carrying amount of the related reporting unit. A two-step impairment test is then performed on goodwill. In the first step, the Company compares the fair value of each reporting unit to its carrying value. The Company determines the fair value of its reporting units using the market approach, as is typically used for companies providing products where the value of such a company is more dependent on the ability to generate earnings than the value of the assets used in the production process. Under this approach, the Company estimates fair value based on market multiples of revenues and earnings for comparable companies. The Company also uses discounted future cash flow analyses to corroborate these fair value estimates. If the fair value of the reporting unit exceeds the carrying value of the net assets assigned to that reporting unit, goodwill is not impaired, and the Company is not required to perform further testing. If the carrying value of the net assets assigned to the reporting unit exceeds the fair value of the reporting unit, then the Company must perform the second step in order to determine the implied fair value of the reporting unit's goodwill and compare it to the carrying value of the reporting unit's goodwill. The activities in the second step include valuing the tangible and intangible assets of the impaired reporting unit based on their fair value and determining the fair value of the impaired reporting unit's goodwill based upon the residual of the summed identified tangible and intangible assets.
	As a result of the impairment analysis performed in connection with the Company's goodwill, no impairment charges were recorded during 2014, 2013 or 2012.
	During 2014, the Company recorded additional goodwill as a result of the reacquisition of the KATE SPADE business in Southeast Asia; a portion of the goodwill will be reclassified to Investment in unconsolidated subsidiary in the first quarter of 2015 upon closing of the joint venture with Walton Brown (see Note 2 — Acquisitions and Note 23 — Subsequent Events).

Accrued Expenses
	Accrued Expenses
	Accrued expenses for employee insurance, workers' compensation, contracted advertising and other outstanding obligations are assessed based on claims experience and statistical trends, open contractual obligations and estimates based on projections and current requirements. If these trends change significantly, then actual results would likely be impacted.

Share-Based Compensation
	Share-Based Compensation
	The Company recognizes compensation expense based on the fair value of employee share-based awards, including stock options, restricted stock and restricted stock with market conditions that impact vesting, net of estimated forfeitures. Determining the fair value of options at the grant date requires judgment, including estimating the expected term that stock options will be outstanding prior to exercise, the associated volatility and the expected dividends. Judgment is required in estimating the amount of share-based awards expected to be forfeited prior to vesting. Determining the fair value of shares with market conditions at the grant date requires judgment, including the weighting of historical and estimated implied volatility of the Company's stock price and where appropriate, a market index. If actual forfeitures differ significantly from these estimates, share-based compensation expense could be materially impacted.

Fair Value Measurements	Fair Value Measurements
	The Company applies the relevant accounting guidance on fair value measurements to (i) all financial instruments that are being measured and reported on a fair value basis; (ii) non-financial assets and liabilities measured and reported at fair value on a non-recurring basis; and (iii) disclosures of fair value of certain financial assets and liabilities.
	The following fair value hierarchy is used in selecting inputs for those instruments measured at fair value that distinguishes between assumptions based on market data (observable) and the Company's assumptions (unobservable inputs). The hierarchy consists of three levels.
	Level 1 — Quoted market prices in active markets for identical assets or liabilities;
	Level 2 — Inputs other than Level 1 inputs that are either directly or indirectly observable; and
	Level 3 — Unobservable inputs developed using estimates and assumptions developed by the Company, which reflect those that a market participant would use.
	The fair values of the Company's Level 2 derivative instruments were primarily based on observable forward exchange rates. Unobservable quantitative inputs used in the valuation of the Company's derivative instruments included volatilities, discount rates and estimated credit losses.
	Fair value measurement for the Company's assets assumes the highest and best use (the use that generates the highest returns individually or as a group) for the asset by market participants, considering the use of the asset that is physically possible, legally permissible, and financially feasible at the measurement date. This applies even if the intended use of the asset by the Company is different.
	Fair value measurement for the Company's liabilities assumes that the liability is transferred to a market participant at the measurement date and that the nonperformance risk relating to the liability is the same before and after the transaction. Nonperformance risk refers to the risk that the obligation will not be fulfilled and includes the Company's own credit risk.
	The Company does not apply fair value measurement to any instruments not required to be measured at fair value on a recurring basis.

Cash and Cash Equivalents
	Cash and Cash Equivalents
	All highly liquid investments with an original maturity of three months or less at the date of purchase are classified as cash equivalents.

Property and Equipment, Net
	Property and Equipment, Net
	Property and equipment is stated at cost less accumulated depreciation and amortization. Building improvements are depreciated using the straight-line method over their estimated useful lives of 20 to 39 years. Machinery and equipment and furniture and fixtures are depreciated using the straight-line method over their estimated useful lives of three to seven years. Leasehold improvements are depreciated over the shorter of the remaining lease term or the estimated useful lives of the assets. Costs for maintenance and repairs are expensed as incurred. Leased property meeting certain capital lease criteria is capitalized and the present value of the related lease payments is recorded as a liability. Amortization of capitalized leased assets is recorded on the straight-line method over the shorter of the estimated useful life of the asset or the lease term. The Company recognizes a liability for the fair value of an asset retirement obligation ("ARO") if the fair value can be reasonably estimated. The Company's ARO's are primarily associated with the removal and disposal of leasehold improvements at the end of a lease term when the Company is contractually obligated to restore a facility to a condition specified in the lease agreement. Amortization of ARO's is recorded on a straight-line basis over the lease term.
	The Company capitalizes the costs of software developed or obtained for internal use. Capitalization of software developed or obtained for internal use commences during the development phase of the project. The Company amortizes software developed or obtained for internal use on a straight-line basis over five years, when such software is substantially ready for use.
	The Company evaluates the recoverability of property and equipment if circumstances indicate an impairment may have occurred. This analysis is performed by comparing the respective carrying values of the assets to the current and expected future cash flows to be generated from such assets, on an undiscounted basis. If such analysis indicates that the carrying value of these assets is not recoverable, the carrying value of the impaired assets is reduced to fair value through a charge to the Company's Consolidated Statement of Operations.
	The Company recorded pretax charges of $10.4 million in 2014, $1.5 million in 2013 and $26.4 million in 2012 to reduce the carrying values of certain property and equipment to their estimated fair values (see Note 11 — Fair Value Measurements).

Operating Leases
	Operating Leases
	The Company leases office space, retail stores and distribution facilities. Many of these operating leases provide for tenant improvement allowances, rent increases and/or contingent rent provisions. Rental expense is recognized on a straight-line basis commencing with the possession date of the property, which is the earlier of the lease commencement date or the date when the Company takes possession of the property. Certain store leases include contingent rents that are based on a percentage of retail sales over stated thresholds. Tenant allowances are amortized on a straight-line basis over the life of the lease as a reduction of rent expense and are included in Selling, general & administrative expenses ("SG&A").
	The Company leases retail stores under leases with terms that are typically five or ten years. The Company amortizes rental abatements, construction allowances and other rental concessions classified as deferred rent on a straight-line basis over the initial term of the lease. The initial lease term can include one renewal under limited circumstances if the renewal is reasonably assured, based on consideration of all of the following factors: (i) a written renewal at the Company's option or an automatic renewal; (ii) there is no minimum sales requirement that could impair the Company's ability to renew; (iii) failure to renew would subject the Company to a substantial penalty; and (iv) there is an established history of renewals in the format or location.

Derivative Instruments
	Derivative Instruments
	The Company's derivative instruments are recorded in the Consolidated Balance Sheets as either an asset or liability and measured at their fair value. The changes in a derivative's fair value are recognized either currently in earnings or Accumulated other comprehensive loss, depending on whether the derivative qualifies for hedge accounting treatment. The Company tests each derivative for effectiveness at inception of each hedge and at the end of each reporting period.
	The Company uses foreign currency forward contracts, collars, options and swap contracts for the purpose of hedging the specific exposure to variability in forecasted cash flows associated primarily with inventory purchases by Kate Spade Japan Co., Ltd. ("KSJ"), the Company's wholly-owned subsidiary. These instruments are designated as cash flow hedges. To the extent the hedges are highly effective, the effective portion of the changes in fair value is included in Accumulated other comprehensive loss, net of income taxes, with the corresponding asset or liability recorded in the Consolidated Balance Sheet. The ineffective portion of the cash flow hedge is recognized primarily as a component of Cost of goods sold in current period earnings. Amounts recorded in Accumulated other comprehensive loss are reflected in current period earnings when the hedged transaction affects earnings. If fluctuations in the relative value of the currencies involved in the hedging activities were to move dramatically, such movement could impact the Company's results of operations.
	The Company purchases short-term foreign currency contracts to neutralize balance sheet and other expected exposures, including intercompany loans. These derivative instruments do not qualify as cash flow hedges and are recorded at fair value with all gains or losses recognized as a component of SG&A or Other expense income, net in current period earnings (see Note 12 — Derivative Instruments).

Foreign Currency Translation
	Foreign Currency Translation
	Assets and liabilities of non-US subsidiaries are translated at period-end exchange rates. Revenues and expenses for each month are translated using that month's average exchange rate and then are combined for the period totals. Resulting translation adjustments are included in Accumulated other comprehensive loss. Gains and losses on translation of intercompany loans with foreign subsidiaries of a long-term investment nature are also included in this component of Stockholders' equity (deficit).

Foreign Currency Transactions
	Foreign Currency Transactions
	Outstanding balances in foreign currencies are translated at the end of period exchange rates. The resulting exchange differences are recorded in the Consolidated Statements of Operations or Accumulated other comprehensive loss, as appropriate.

Cost of Goods Sold
	Cost of Goods Sold
	Cost of goods sold for wholesale operations includes the expenses incurred to acquire and produce inventory for sale, including product costs, freight-in, import costs, third party inspection activities, buying/sourcing agent commissions and provisions for shrinkage. For retail operations, in-bound freight from the Company's warehouse to its own retail stores is also included. Warehousing activities including receiving, storing, picking, packing and general warehousing charges are included in SG&A and, as such, the Company's gross profit may not be comparable to others who may include these expenses as a component of Cost of goods sold.

Advertising, Promotion and Marketing
	Advertising, Promotion and Marketing
	All costs associated with advertising, promoting and marketing of Company products are expensed during the periods when the activities take place. Costs associated with cooperative advertising programs involving agreements with customers, whereby customers are required to provide documentary evidence of specific performance and when the amount of consideration paid by the Company for these services is at or below fair value, are charged to SG&A. Costs associated with customer cooperative advertising allowances without specific performance guidelines are recorded as a reduction of sales. The Company incurred expenses of $56.9 million, $42.8 million and $22.7 million for advertising, marketing & promotion for all brands in 2014, 2013 and 2012, respectively.

Shipping and Handling Costs
	Shipping and Handling Costs
	Shipping and handling costs, which are mostly comprised of warehousing activities, are included as a component of SG&A in the Consolidated Statements of Operations. In fiscal years 2014, 2013 and 2012, shipping and handling costs were $32.8 million, $26.4 million and $15.4 million, respectively.

Investments in Unconsolidated Subsidiaries
	Investments in Unconsolidated Subsidiaries
	The Company uses the equity method of accounting for its investments in and its proportionate share in earnings of affiliates that it does not control, but over which it exerts significant influence (see Note 20 — Related Party Transactions). The Company considers whether the fair value of its equity method investments has declined below carrying value whenever adverse events or changes in circumstances indicate the recorded value may not be recoverable.

Cash Dividends and Common Stock Repurchases
	Cash Dividends and Common Stock Repurchases
	On December 16, 2008, the Board of Directors announced the suspension of the Company's quarterly cash dividend indefinitely.
	The Company's amended and restated revolving credit agreement currently restricts its ability to pay dividends and repurchase stock (see Note 10 — Debt and Lines of Credit).

Fiscal Year
	Fiscal Year
	The Company's fiscal year ends on the Saturday closest to December 31. The 2014 fiscal year, which ended on January 3, 2015, reflected a 53-week period. The 2013 and 2012 fiscal years, which ended December 28, 2013 and December 29, 2012, reflected 52-week periods.

Subsequent Events
	Subsequent Events
	The Company's policy is to evaluate all events or transactions that occur from the balance sheet date through the date of the issuance of its financial statements. The Company has evaluated events or transactions that occurred from the balance sheet date through the date the Company issued these financial statements (see Note 23 — Subsequent Events).

RECENTLY ADOPTED ACCOUNTING PRONOUNCEMENTS	RECENTLY ADOPTED ACCOUNTING PRONOUNCEMENTS
	On December 29, 2013, the first day of the Company's 2014 fiscal year, the Company adopted new accounting guidance on the presentation of unrecognized tax benefits, which requires an entity to present an unrecognized tax benefit, or a portion of an unrecognized tax benefit, as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward, except as follows: to the extent a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or that the tax law of the applicable jurisdiction does not require the entity to use; and the entity does not intend to use the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. The adoption of the new accounting guidance did not affect the Company's financial position, results of operations or cash flows.

ACQUISITIONS_Tables

ACQUISITIONS (Tables)	12 Months Ended
ACQUISITIONS (Tables)	Jan. 03, 2015
Summary of the estimated fair values of the assets acquired
	In thousands
	Assets acquired:
	Current assets		$	3,549
	Property and equipment, net			1,267
	Goodwill and intangibles, net(a)			26,592
	Other assets			860

	Total assets acquired		$	32,268




	(a)	A portion of the goodwill related to the KATE SPADE businesses in Hong Kong, Macau and Taiwan is expected to be reclassified to Investment in unconsolidated subsidiary in the first quarter of 2015 upon closing of the joint venture with Walton Brown (see Note 23 — Subsequent Events).


Schedule of the acquired intangible assets
	In thousands		Useful Life		Estimated Fair Value
	Reacquired distribution rights		1.7 years		$	4,500
	Retail customer list		3 years			256


Schedule of unaudited pro forma financial information reflecting the results of continuing operations of the Company as if the KSJ Buyout had been completed on January 1, 2012

	In thousands, except per share amounts		Fiscal Year Ended
	In thousands, except per share amounts		December 29, 2012
	Net sales		$	617,134
	Gross profit			388,190
	Operating loss			(32,187	)
	Loss before benefit for income taxes			(54,251	)
	Loss from continuing operations			(50,836	)
	Diluted loss per share from continuing operations			(0.47	)


KATE SPADE International
Summary of the estimated fair values of the assets acquired

	In thousands
	Assets acquired:
	Current assets		$	23,721
	Property and equipment, net			5,608
	Goodwill and intangibles, net			79,374
	Other assets			6,776

	Total assets acquired		$	115,479


	Liabilities assumed:
	Current liabilities		$	8,834
	Non-current liabilities			17,629

	Total liabilities assumed		$	26,463




Schedule of the acquired intangible assets

	In thousands		Useful Life		Estimated Fair Value
	Reacquired distribution rights		3 years		$	14,900
	Retail customer list		3 years			1,100

DISCONTINUED_OPERATIONS_Tables

DISCONTINUED OPERATIONS (Tables)	12 Months Ended
DISCONTINUED OPERATIONS (Tables)	Jan. 03, 2015
DISCONTINUED OPERATIONS
Schedule of components of Assets held for sale and Liabilities held for sale

	In thousands	December 28, 2013
	Assets held for sale:
	Cash and cash equivalents	$	163
	Accounts receivable — trade, net		41,709
	Inventories, net		80,503
	Property and Equipment, net		68,533
	Other assets		11,146

	Assets held for sale	$	202,054


	Liabilities held for sale:
	Accounts payable	$	52,977
	Accrued expenses		27,773
	Other liabilities		15,620

	Liabilities held for sale	$	96,370




Summary of results of discontinued operations

		Fiscal Years Ended
	In thousands	January 3, 2015			December 28, 2013			December 29, 2012
	Net sales	$	209,519		$	980,488		$	961,950


	Loss before provision for income taxes	$	(46,923	)	$	(36,382	)	$	(3,056	)
	Provision for income taxes		660			1,821			6,572

	Loss from discontinued operations, net of income taxes	$	(47,583	)	$	(38,203	)	$	(9,628	)


	Income (loss) on disposal of discontinued operations, net of income taxes	$	130,017		$	143,363		$	(12,190	)

INVENTORIES_NET_Tables

INVENTORIES, NET (Tables)	12 Months Ended
INVENTORIES, NET (Tables)	Jan. 03, 2015
INVENTORIES, NET
Schedule of inventories, net

	In thousands	January 3, 2015		December 28, 2013
	Raw materials and work in process	$	538	$	1,028
	Finished goods		157,703		183,606

	Total	$	158,241	$	184,634

PROPERTY_AND_EQUIPMENT_NET_Tab

PROPERTY AND EQUIPMENT, NET (Tables)	12 Months Ended
PROPERTY AND EQUIPMENT, NET (Tables)	Jan. 03, 2015
PROPERTY AND EQUIPMENT, NET
Schedule of property and equipment, net

	In thousands	January 3, 2015		December 28, 2013
	Land and buildings	$	9,300	$	9,300
	Machinery and equipment		140,189		171,811
	Furniture and fixtures		61,694		83,753
	Leasehold improvements		122,029		173,207

			333,212		438,071
	Less: Accumulated depreciation and amortization		159,140		289,000

	Total property and equipment, net	$	174,072	$	149,071

GOODWILL_AND_INTANGIBLES_NET_T

GOODWILL AND INTANGIBLES, NET (Tables)	12 Months Ended
GOODWILL AND INTANGIBLES, NET (Tables)	Jan. 03, 2015
GOODWILL AND INTANGIBLES, NET
Schedule of carrying value of all intangible assets

	In thousands		Weighted Average		January 3, 2015			December 28, 2013
			Amortization
			Period
	Amortized intangible assets:
	Gross carrying amount:
	Owned trademarks(a)		—		$	467		$	2,000
	Customer relationships		11 years			7,422			7,273
	Merchandising rights		4 years			12,012			6,087
	Reacquired rights(b)		2 years			14,371			11,299
	Other		4 years			2,322			2,322

	Subtotal					36,594			28,981

	Accumulated amortization:
	Owned trademarks					(467	)		(100	)
	Customer relationships					(4,769	)		(4,022	)
	Merchandising rights					(4,108	)		(2,595	)
	Reacquired rights					(9,604	)		(4,394	)
	Other					(2,219	)		(2,092	)

	Subtotal					(21,167	)		(13,203	)

	Net:
	Owned trademarks					—			1,900
	Customer relationships					2,653			3,251
	Merchandising rights					7,904			3,492
	Reacquired rights					4,767			6,905
	Other					103			230

	Total amortized intangible assets, net					15,427			15,778

	Unamortized intangible assets:
	Owned trademarks					74,900			74,900

	Total intangible assets				$	90,327		$	90,678


	Goodwill				$	64,798		$	49,111




	(a)	The change in the balance reflected a non-cash impairment charge of $1.5 million related to the TRIFARI trademark (see Note 1 — Basis of Presentation and Significant Accounting Policies).
	(b)	The increase in the balance compared to December 28, 2013 primarily reflected the reacquired existing KATE SPADE businesses in Southeast Asia (see Note 2 — Acquisitions and Note 23 — Subsequent Events).


Schedule of estimated amortization expense for intangible assets for the next five fiscal years

	Fiscal Year		Amortization
			Expense
			(In millions)
	2015		$	7.7
	2016			2.5
	2017			2.0
	2018			1.3
	2019			0.4


Schedule of changes in carrying amount of goodwill

	In thousands		Adelington Design			KATE SPADE			Total
	In thousands		Group			International			Total
	Balance as of December 29, 2012		$	1,554		$	58,669		$	60,223
	Translation adjustment			(107	)		(11,005	)		(11,112	)

	Balance as of December 28, 2013			1,447			47,664			49,111
	Acquisition of existing KATE SPADE businesses in Southeast Asia			—			21,836			21,836
	Translation adjustment			(132	)		(6,017	)		(6,149	)

	Balance as of January 3, 2015		$	1,315		$	63,483		$	64,798

ACCRUED_EXPENSES_Tables

ACCRUED EXPENSES (Tables)	12 Months Ended
ACCRUED EXPENSES (Tables)	Jan. 03, 2015
ACCRUED EXPENSES
Schedule of accrued expenses

	In thousands	January 3, 2015		December 28, 2013
	Lease obligations	$	28,152	$	34,142
	Payroll, bonuses and other employment related obligations		27,446		45,971
	Streamlining initiatives		13,633		17,829
	Advertising		11,026		9,883
	Taxes, other than taxes on income		9,275		13,762
	Deferred income		7,742		6,322
	Insurance related		6,109		7,739
	Employee benefits		5,354		8,134
	Accrued disposition costs		2,325		10,179
	Interest		355		8,375
	Other		39,509		37,842

	Total	$	150,926	$	200,178

INCOME_TAXES_Tables

INCOME TAXES (Tables)	12 Months Ended
INCOME TAXES (Tables)	Jan. 03, 2015
INCOME TAXES
Schedule of Loss before benefit for income taxes

			Fiscal Years Ended
	In thousands		January 3, 2015			December 28, 2013			December 29, 2012
	United States		$	(6,165	)	$	(34,370	)	$	(47,259	)
	International			(1,488	)		(2,358	)		(10,389	)

	Total		$	(7,653	)	$	(36,728	)	$	(57,648	)




Schedule of (benefit) provision for income taxes

			Fiscal Years Ended
	In thousands		January 3, 2015			December 28, 2013			December 29, 2012
	Current:
	Federal		$	(77,366	)	$	686		$	3,344
	Foreign			809			(2,326	)		1,254
	State and local			(7,472	)		742			(3,175	)

	Total Current(a)			(84,029	)		(898	)		1,423
	Deferred:
	Federal			1,883			(626	)		(4,692	)
	Foreign			(2,722	)		(437	)		(691	)
	State and local			489			(2,602	)		(1,001	)

	Total Deferred			(350	)		(3,665	)		(6,384	)

			$	(84,379	)	$	(4,563	)	$	(4,961	)




	(a)	Includes a net $87.4 million reduction in the reserve for uncertain tax positions, resulting from the expiration of the related statutes of limitations in the year ended January 3, 2015.


Schedule of effective income tax rate differed from the statutory federal income tax rate

			Fiscal Years Ended
			January 3, 2015			December 28, 2013			December 29, 2012
	Federal tax at statutory rate			35	%		35	%		35	%
	State and local income taxes, net of federal benefit			97.6			7.2			8.4
	Officer and share-based compensation			226.4			—			—
	Change in valuation allowance			(185.7	)		(13.2	)		(41.3	)
	Unrecognized tax benefits			1,010.90			(1.9	)		(6.4	)
	Rate differential on foreign income			(46.8	)		(15.0	)		(5.9	)
	Gain on acquisition of subsidiary			—			—			29.7
	Conversion of debt to equity			—			(1.5	)		(3.4	)
	Indefinite-lived intangibles			(31.0	)		4.8			(4.6	)
	Other, net			(3.9	)		(3.0	)		(3.0	)

				1,102.50	%		12.4	%		8.5	%




Schedule of components of net deferred taxes arising from temporary differences

	In thousands		January 3, 2015			December 28, 2013
	Deferred tax assets:
	Inventory valuation		$	9,212		$	6,088
	Streamlining initiatives			—			10,003
	Deferred compensation			2,053			3,009
	Nondeductible accruals			10,363			83,661
	Share-based compensation			11,827			7,322
	Net operating loss carryforward			300,825			249,399
	Tax credit carryforward			34			53,495
	Goodwill			5,603			6,885
	Capital loss carryforward			68,839			72,788
	Other			15,906			19,339

	Total deferred tax assets			424,662			511,989

	Deferred tax liabilities:
	Trademarks and other intangibles			(17,622	)		(16,636	)
	Property and equipment			(5,632	)		(12,633	)
	Other			(2,746	)		(1,584	)

	Total deferred tax liabilities			(26,000	)		(30,853	)

	Less: Valuation allowance			(415,173	)		(497,485	)

	Net deferred tax liability		$	(16,511	)	$	(16,349	)




Summary of changes in the amounts of unrecognized tax benefits

			Fiscal Years Ended
			January 3, 2015			December 28, 2013			December 29, 2012
	In thousands
	Balance as of beginning of period		$	84,108		$	85,999		$	103,982
	Increases from prior period positions			32			1,436			535
	Decreases from prior period positions			—			(4,348	)		(630	)
	Increases from current period positions			—			2,000			37
	Decreases relating to settlements with taxing authorities			—			(153	)		(17,765	)
	Reduction due to the lapse of the applicable statute of limitations			(74,916	)		(826	)		(160	)

	Balance as of end of period(a)		$	9,224		$	84,108		$	85,999




	(a)	As of January 3, 2015 and December 28, 2013, liabilities associated with the amounts are included within Income taxes payable and Other non-current liabilities on the accompanying Consolidated Balance Sheets.

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
COMMITMENTS AND CONTINGENCIES (Tables)	Jan. 03, 2015
COMMITMENTS AND CONTINGENCIES
Schedule of minimum aggregate rental commitments under non-cancelable operating and capital leases

	Fiscal Year	2015		2016		2017		2018		2019		Thereafter		Total
	In millions
	Operating leases	$	65.4	$	60.9	$	59.0	$	55.4	$	50.7	$	194.9	$	486.3
	Capital leases		1.9		2.1		2.1		2.2		2.2		13.1		23.6

DEBT_AND_LINES_OF_CREDIT_Table

DEBT AND LINES OF CREDIT (Tables)	12 Months Ended
DEBT AND LINES OF CREDIT (Tables)	Jan. 03, 2015
DEBT AND LINES OF CREDIT
Schedule of long-term debt

			January 3, 2015		December 28, 2013
	In thousands
	10.5% Senior Secured Notes, due April 2019(a)		$	—	$	382,209
	Term Loan credit facility, due April 2021(a)(b)			396,158		—
	Revolving credit facility			6,000		2,997
	Capital lease obligations			8,585		8,995

	Total debt			410,743		394,201
	Less: Short-term borrowings(c)			10,459		3,407

	Long-term debt		$	400,284	$	390,794




	(a)	The Senior Notes were refinanced in the second quarter of 2014 with proceeds from the issuance of term loans in an aggregate principal amount of $400.0 million (collectively, the "Term Loan").
	(b)	The balance as of January 3, 2015 included an unamortized debt discount of $1.8 million.
	(c)	At January 3, 2015, the balance consisted of $4.0 million of Term Loan amortization payments, outstanding borrowings under the Company's amended and restated revolving credit facility (as amended to date, the "ABL Facility") and obligations under capital leases. At December 28, 2013, the balance consisted of outstanding borrowings under the ABL Facility and obligations under capital leases.


Schedule of availability under the Company's ABL Facility

			Total		Borrowing		Outstanding		Letters of		Available		Excess
			Facility(a)		Base(a)		Borrowings		Credit		Capacity		Capacity(b)
									Issued
	In thousands
	Revolving credit facility(a)		$	200,000	$	249,832	$	6,000	$	13,140	$	180,860	$	160,860


	(a)	Availability under the ABL Facility is the lesser of $200.0 million or a borrowing base that is computed monthly and comprised of the Company's eligible cash, accounts receivable and inventory.
	(b)	Excess capacity represents available capacity reduced by the minimum required aggregate borrowing availability under the ABL Facility of $20.0 million.

FAIR_VALUE_MEASUREMENTS_Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
FAIR VALUE MEASUREMENTS (Tables)	Jan. 03, 2015
FAIR VALUE MEASUREMENTS
Schedule of financial assets and liabilities of the Company measured at fair value on recurring basis

			Level 2
			January 3, 2015		December 28, 2013
	In thousands
	Financial Assets:
	Derivatives		$	3,193	$	1,701
	Financial Liabilities:
	Derivatives		$	—	$	—


Schedule of non-financial assets of the Company measured at fair value on non-recurring basis

					Fair Value Measured and Recorded at
			Net Carrying		Reporting Date Using:						Total Losses —
			Value as of								Year Ended
			January 3, 2015		Level 1		Level 2		Level 3		January 3, 2015
	In thousands
	Property and equipment		$	4,127	$	—	$	—	$	4,127	$	10,358
	Intangibles, net			—		—		—		—		1,533


					Fair Value Measured and Recorded at Reporting Date Using:
			Net Carrying								Total Losses —
			Value as of								Year Ended
			December 28, 2013		Level 1		Level 2		Level 3		December 28, 2013
	In thousands
	Property and equipment		$	15,706	$	—	$	—	$	15,706	$	1,480
	Intangibles, net			1,900		—		—		1,900		3,300
	Other assets			—		—		—		—		6,109


					Fair Value Measured and Recorded at
			Net Carrying		Reporting Date Using:						Total Losses —
			Value as of								Year Ended
			December 29, 2012		Level 1		Level 2		Level 3		December 29, 2012
	In thousands
	Property and equipment		$	22,710	$	—	$	—	$	22,710	$	26,413


Schedule of fair values and carrying values of the Company's debt instruments

							December 28, 2013
			January 3, 2015				December 28, 2013
	In thousands		Fair Value		Carrying Value		Fair Value		Carrying Value
	10.5% Senior Secured Notes due April 2019(a)		$	—	$	—	$	400,830	$	382,209
	Term Loan credit facility, due April 2021(a)			384,786		396,158		—		—
	Revolving credit facility(b)			6,000		6,000		2,997		2,997


	(a)	Carrying values include unamortized debt discount or premium.
	(b)	Borrowings under the revolving credit facility bear interest based on market rate; accordingly, its fair value approximates its carrying value.

DERIVATIVE_INSTRUMENTS_Tables

DERIVATIVE INSTRUMENTS (Tables)

12 Months Ended

Jan. 03, 2015

DERIVATIVE INSTRUMENTS

Summary of effect of foreign currency exchange contracts on Condensed Consolidated Financial Statements

Amount of Gain or

Location of Gain or

Amount of Gain or

(Loss) Recognized in

(Loss) Reclassified

(Loss) Recognized in

Accumulated OCI

from Accumulated

Operations on

on Derivative

OCI into Operations

Derivative

(Effective Portion)

(Effective and

(Effective Portion)

(Ineffective Portion)

Ineffective Portion)

In thousands

Fiscal year ended January 3, 2015

2,854

Cost of goods sold

1,161

—

Fiscal year ended December 28, 2013

2,911

Cost of goods sold

1,326

—

Fiscal year ended December 29, 2012

—

Cost of goods sold

—

Designated as Hedging Instrument

DERIVATIVE INSTRUMENTS

Summary of fair value and presentation in Condensed Consolidated Financial Statements for derivatives designated as hedging instruments and derivatives not designated as hedging instruments

Foreign Currency Contracts Designated as Hedging Instruments

Asset Derivatives

Liability Derivatives

Period

Balance Sheet

Notional

Fair Value

Balance Sheet

Notional

Fair Value

Location

Amount

Location

Amount

In thousands

January 3, 2015

Other current assets

39,100

3,066

Accrued expenses

—

December 28, 2013

Other current assets

21,050

1,317

Accrued expenses

—

Not Designated as Hedging Instrument

DERIVATIVE INSTRUMENTS

Summary of fair value and presentation in Condensed Consolidated Financial Statements for derivatives designated as hedging instruments and derivatives not designated as hedging instruments

Foreign Currency Contracts Not Designated as Hedging Instruments

Asset Derivatives

Liability Derivatives

Period

Balance Sheet

Notional

Fair Value

Balance Sheet

Notional

Fair Value

Location

Amount

Location

Amount

In thousands

January 3, 2015

Other current assets

33,350

127

Accrued expenses

—

December 28, 2013

Other current assets

38,403

384

Accrued expenses

—

STREAMLINING_INITIATIVES_Table

STREAMLINING INITIATIVES (Tables)	12 Months Ended
STREAMLINING INITIATIVES (Tables)	Jan. 03, 2015
STREAMLINING INITIATIVES
Summary rollforward of the liability for streamlining initiatives

	In thousands		Payroll and			Contract			Asset			Other Costs			Total
			Related Costs			Termination			Write-Downs
						Costs
	Balance at December 31, 2011		$	7,352		$	18,012		$	—		$	30,967		$	56,331
	2012 provision			9,158			2,681			27,783			3,571			43,193
	2012 asset write-downs			—			—			(27,783	)		—			(27,783	)
	Translation difference			25			49			—			9			83
	2012 spending			(11,976	)		(16,499	)		—			(18,783	)		(47,258	)

	Balance at December 29, 2012			4,559			4,243			—			15,764			24,566
	2013 provision(a)			5,657			6			1,744			3,194			10,601
	2013 asset write-downs			—			—			(1,744	)		—			(1,744	)
	Translation difference			(7	)		12			—			18			23
	2013 spending(a)			(7,173	)		(2,110	)		—			(7,269	)		(16,552	)

	Balance at December 28, 2013			3,036			2,151			—			11,707			16,894
	2014 provision(a)			33,729			1,540			6,367			316			41,952
	2014 asset write-downs			—			—			(6,367	)		—			(6,367	)
	Translation difference			—			—			—			(3	)		(3	)
	2014 spending(a)			(34,685	)		(2,704	)		—			(5,190	)		(42,579	)

	Balance at January 3, 2015(b)		$	2,080		$	987		$	—		$	6,830		$	9,897




	(a)	Payroll and related costs provision and spending include $17.3 million and $2.8 million in 2014 and 2013, respectively, of non-cash share-based compensation expense.
	(b)	The balance in other costs at January 3, 2015 includes $6.8 million for a withdrawal liability incurred in 2011 related to a multi-employer pension plan that the Company will pay through June 1, 2016.


Schedule of expenses associated with the Company's streamlining actions

			Fiscal Years Ended
	In thousands		January 3, 2015			December 28, 2013			December 29, 2012
	KATE SPADE North America		$	7,319		$	791		$	2,519
	KATE SPADE International			1,567			—			—
	Adelington Design Group			982			272			3,112
	Other(a)			32,084			9,538			37,562

	Total		$	41,952		$	10,601		$	43,193




	(a)	Other consists of unallocated corporate restructuring costs and Juicy Couture and Lucky Brand restructuring charges principally related to distribution functions that are not directly attributable to Juicy Couture or Lucky Brand and therefore have not been included in discontinued operations.

SHAREBASED_COMPENSATION_Tables

SHARE-BASED COMPENSATION (Tables)	12 Months Ended
SHARE-BASED COMPENSATION (Tables)	Jan. 03, 2015
SHARE-BASED COMPENSATION
Schedule of valuation assumptions used to estimate fair value of stock options granted using the Binomial lattice pricing model

			Fiscal Years Ended
	Valuation Assumptions:		December 28, 2013		December 29, 2012
	Weighted-average fair value of options granted		$10.32		$6.04
	Expected volatility		59.50%		63.30%
	Weighted-average volatility		59.50%		63.30%
	Expected term (in years)		4.9		5.1
	Dividend yield		—		—
	Risk-free rate		0.1% to 3.9%		0.2% to 3.8%
	Expected annual forfeiture		12.40%		13.50%


Summary of award activity under stock option plans

			Shares			Weighted Average		Weighted Average		Aggregate
						Exercise Price		Remaining		Intrinsic Value
								Contractual Term		(In thousands)
	Outstanding at December 28, 2013			5,166,375		$	11.26		3.4	$	108,498
	Exercised			(4,010,331	)		10.46				98,734
	Cancelled/expired			(125,075	)		37.21

	Outstanding at January 3, 2015			1,030,969		$	11.25		3.9	$	21,613


	Vested or expected to vest at January 3, 2015			1,020,053		$	11.16		3.9	$	21,477
	Exercisable at January 3, 2015			537,404		$	6.85		3.1	$	13,628


Schedule of valuation assumptions used to determine fair value for the MSUs granted using the Monte Carlo simulation model
	Valuation Assumptions:		Fiscal Year Ended
	Valuation Assumptions:		January 3, 2015
	Weighted-average fair value		$
	Weighted-average fair value		50.24
	Expected volatility		52.3%
	Dividend yield		—
	Risk-free rate		1.68%
	Weighted-average expected annual forfeiture		4.8%


Schedule of valuation assumptions used to determine fair value of performance share units granted using the Monte Carlo simulation model
	Valuation Assumptions		Fiscal Year Ended
	Valuation Assumptions		January 3, 2015
	Weighted-average fair value		$
	Weighted-average fair value		43.93
	Expected volatility		44.2%
	Dividend yield		—
	Risk-free rate		0.66%
	Weighted-average expected annual forfeiture		4.0%


Summary of award activity under restricted stock plans

			Shares			Weighted Average
						Grant Date Fair
						Value
	Nonvested stock at December 28, 2013			1,035,250		$	14.93
	Granted			1,637,778			48.05
	Vested			(406,500	)		17.01
	Cancelled(a)			(546,954	)		16.8

	Nonvested stock at January 3, 2015			1,719,574		$	45.39


	Expected to vest as of January 3, 2015(b)			1,492,428		$	45.42




	(a)	Includes performance shares granted to a group of key executives with certain performance conditions, measured through December 2013 and a market and service condition through December 2014. These shares which were contingently issuable based on 2013 performance were deemed not earned and cancelled.
	(b)	Excludes the potential impact of the performance share multiplier, which will vary from 30% to 200% of the number of MSUs awarded depending on the actual performance of the Company's stock price over the vesting periods and zero to 200% of the number of LTIP awards granted depending on the Company's TSR relative to the TSR of the S&P Mid-Cap 400 Index.

EARNINGS_PER_COMMON_SHARE_Tabl

EARNINGS PER COMMON SHARE (Tables)	12 Months Ended
EARNINGS PER COMMON SHARE (Tables)	Jan. 03, 2015
EARNINGS PER COMMON SHARE
Schedule of computation of basic and diluted (loss) earnings per common share

			Fiscal Years Ended
	In thousands, except per share data		January 3, 2015		December 28, 2013			December 29, 2012
	Income (loss) from continuing operations		$	76,726	$	(32,165	)	$	(52,687	)
	Income (loss) from discontinued operations, net of income taxes			82,434		105,160			(21,818	)

	Net income (loss)		$	159,160	$	72,995		$	(74,505	)


	Basic weighted average shares outstanding			126,264		121,057			109,292
	Stock options and nonvested shares(a)(b)			755		—			—
	Convertible Notes(c)			—		—			—

	Diluted weighted average shares outstanding			127,019		121,057			109,292


	Earnings (loss) per share:
	Basic
	Income (loss) from continuing operations		$	0.61	$	(0.27	)	$	(0.48	)
	Income (loss) from discontinued operations			0.65		0.87			(0.20	)

	Net income (loss)		$	1.26	$	0.6		$	(0.68	)


	Diluted
	Income (loss) from continuing operations		$	0.6	$	(0.27	)	$	(0.48	)
	Income (loss) from discontinued operations			0.65		0.87			(0.20	)

	Net income (loss)		$	1.25	$	0.6		$	(0.68	)




	(a)	Because the Company incurred a loss from continuing operations for the years ended December 28, 2013 and December 29, 2012, outstanding stock options and nonvested shares are antidilutive. Accordingly, for the years ended December 28, 2013 and December 29, 2012, approximately 5.2 million and 5.8 million outstanding stock options, respectively, and approximately 0.5 million and 0.5 million outstanding nonvested shares, respectively, were excluded from the computation of diluted loss per share.
	(b)	Excludes approximately 0.5 million and 1.2 million nonvested shares for the years ended December 28, 2013 and December 29, 2012, respectively, for which the performance criteria were not achieved.
	(c)	Because the Company incurred a loss from continuing operations for the years ended December 28, 2013 and December 29, 2012, approximately 1.5 million and 12.3 million, respectively, potentially dilutive shares issuable upon conversion of the Convertible Notes were considered antidilutive for such period and were excluded from the computation of diluted loss per share.

SEGMENT_REPORTING_Tables

SEGMENT REPORTING (Tables)	12 Months Ended
SEGMENT REPORTING (Tables)	Jan. 03, 2015
SEGMENT REPORTING
Schedule of segment reporting information, by segment

			Net Sales			% to Total			Depreciation			Adjusted			% of Sales			Segment		Expenditures
									and			EBITDA(b)						Assets		for Long-
									Amortization											Lived Assets
									Expense(a)
	Dollars in thousands
	Fiscal Year Ended January 3, 2015
	KATE SPADE North America		$	891,766			78.3	%	$	31,905		$	143,009			16	%	$	467,383	$	76,707
	KATE SPADE International			213,582			18.8	%		13,904			810			0.4	%		198,677		55,038
	Adelington Design Group			33,255			2.9	%		887			4,092			12.3	%		18,671		476
	Corporate and Other			—			—			7,742			(940	)		—			241,607		—

	Totals		$	1,138,603			100	%	$	54,438										$	132,221


	Fiscal Year Ended
	December 28, 2013
	KATE SPADE North America		$	597,748			74.4	%	$	23,961		$	70,250			11.8	%	$	377,102	$	58,089
	KATE SPADE International			145,404			18.1	%		8,476			(815	)		(0.6	)%		149,395		9,139
	Adelington Design Group			60,219			7.5	%		625			12,008			19.9	%		22,130		363
	Corporate and Other			—			—			5,718			(4,334	)		—			428,884		—

	Totals		$	803,371			100	%	$	38,780										$	67,591


	Fiscal Year Ended
	December 29, 2012
	KATE SPADE North America		$	411,507			75.5	%	$	21,364		$	24,924			6.1	%			$	41,885
	KATE SPADE International			50,418			9.3	%		2,260			3,454			6.9	%				47,115
	Adelington Design Group			82,840			15.2	%		958			17,694			21.4	%				392
	Corporate and Other			—			—			11,255			(4,332	)		—					—

	Totals		$	544,765			100	%	$	35,837										$	89,392




	(a)	For the years ended January 3, 2015, December 28, 2013 and December 29, 2012, $5.2 million, $3.6 million and $9.7 million, respectively, of Corporate depreciation and amortization was recorded within Interest expense, net on the accompanying Consolidated Statements of Operations.
	(b)	Other consists of expenses principally related to distribution functions that were included in Juicy Couture and Lucky Brand historical results, but are not directly attributable to those businesses and therefore have not been included in discontinued operations.


Schedule of reconciliation to Income (Loss) from Continuing Operations

			Fiscal Years Ended
	In thousands		January 3, 2015			December 28, 2013			December 29, 2012
	Reportable Segments Adjusted EBITDA:
	KATE SPADE North America		$	143,009		$	70,250		$	24,924
	KATE SPADE International(a)			810			(815	)		3,454
	Adelington Design Group			4,092			12,008			17,694
	Other			(940	)		(4,334	)		(4,332	)

	Total Reportable Segments Adjusted EBITDA			146,971			77,109			41,740
	Depreciation and amortization, net(b)			(48,441	)		(35,088	)		(25,641	)
	Charges due to streamlining initiatives(c), brand-exiting activities, acquisition related costs, impairment of intangible assets and loss on asset disposals and impairments, net			(30,371	)		(15,716	)		(46,455	)
	Share-based compensation(d)			(37,270	)		(7,269	)		(6,911	)
	Equity loss included in Reportable Segments Adjusted EBITDA			2,583			1,179			1,245

	Operating Income (Loss)			33,472			20,215			(36,022	)
	Other expense, net(a)			(4,033	)		(2,062	)		(325	)
	Impairment of cost investment			—			(6,109	)		—
	Gain on acquisition of subsidiary			—			—			40,065
	Loss on extinguishment of debt			(16,914	)		(1,707	)		(9,754	)
	Interest expense, net			(20,178	)		(47,065	)		(51,612	)
	Benefit for income taxes			(84,379	)		(4,563	)		(4,961	)

	Income (Loss) from Continuing Operations		$	76,726		$	(32,165	)	$	(52,687	)




	(a)	Amounts include equity in the losses of equity method investees of $2.6 million, $1.2 million and $1.2 million in 2014, 2013 and 2012, respectively.
	(b)	Excludes amortization included in Interest expense, net.
	(c)	See Note 13 — Streamlining Initiatives for a discussion of streamlining charges.
	(d)	Includes share-based compensation expense of $17.3 million and $2.8 million in 2014 and 2013, respectively, that was classified as restructuring.


Schedule of geographic data

	Dollars in thousands		Net Sales			% to Total			Long-Lived
	Dollars in thousands		Net Sales			% to Total			Assets
	Fiscal Year Ended January 3, 2015
	Domestic		$	899,475			79.0	%	$	254,597
	International			239,128			21.0	%		74,600

	Total		$	1,138,603			100.0	%


	Fiscal Year Ended December 28, 2013
	Domestic		$	648,406			80.7	%	$	211,602
	International			154,965			19.3	%		77,258

	Total		$	803,371			100.0	%


	Fiscal Year Ended December 29, 2012
	Domestic		$	493,556			90.6	%
	International			51,209			9.4	%

	Total		$	544,765			100.0	%

ACCUMULATED_OTHER_COMPREHENSIV1

ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)	12 Months Ended
ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)	Jan. 03, 2015
ACCUMULATED OTHER COMPREHENSIVE LOSS
Schedule of accumulated other comprehensive loss

	In thousands	January 3, 2015			December 28, 2013
	Cumulative translation adjustment, net of income taxes of $0	$	(32,096	)	$	(21,862	)
	Gains on cash flow hedging derivatives, net of income taxes of $1,168 and $602, respectively		2,110			983

	Accumulated other comprehensive loss, net of income taxes	$	(29,986	)	$	(20,879	)




Schedule of the change in each component of Accumulated other comprehensive (loss) income, net of income taxes
	In thousands	Cumulative			Unrealized
		Translation			Gains on
		Adjustment			Cash Flow
					Hedging
					Derivatives
	Balance as of December 29, 2012	$	(10,074	)	$	—
	Other comprehensive (loss) income before reclassification		(11,788	)		1,805
	Amounts reclassified from accumulated other comprehensive loss		—			(822	)

	Balance as of December 28, 2013		(21,862	)		983
	Other comprehensive (loss) income before reclassification		(10,234	)		1,847
	Amounts reclassified from accumulated other comprehensive loss		—			(720	)

	Balance as of January 3, 2015	$	(32,096	)	$	2,110

UNAUDITED_QUARTERLY_RESULTS_Ta

UNAUDITED QUARTERLY RESULTS (Tables)	12 Months Ended
UNAUDITED QUARTERLY RESULTS (Tables)	Jan. 03, 2015
UNAUDITED QUARTERLY RESULTS
Schedule of unaudited quarterly financial information

			March						June						September						December
	In thousands, except per share data		2014			2013			2014			2013			2014			2013			2014			2013
	Net sales		$	223,614		$	156,449		$	265,998		$	178,881		$	250,417		$	192,612		$	398,574		$	275,429
	Gross profit			136,823			98,096			155,910			110,478			157,314			118,222			230,224			169,794
	(Loss) income from continuing operations			-38,408	(b)		-23,745	(c)		-13,983	(d)		-23,588	(e)		2,623	(f)		-14,165	(g)		126,494	(h)		29,333	(i)
	Income (loss) from discontinued operations, net of income taxes			84,578			(28,429	)		9,579			(19,549	)		(11,753	)		(2,701	)		30			155,839

	Net income (loss)		$	46,170		$	(52,174	)	$	(4,404	)	$	(43,137	)	$	(9,130	)	$	(16,866	)	$	126,524		$	185,172


	Basic earnings per share:(a)
	(Loss) income from continuing operations		$	(0.31	)	$	(0.20	)	$	(0.11	)	$	(0.20	)	$	0.02		$	(0.12	)	$	0.99		$	0.24
	Income (loss) from discontinued operations			0.68			(0.24	)		0.08			(0.16	)		(0.09	)		(0.02	)		—			1.27

	Net income (loss)		$	0.37		$	(0.44	)	$	(0.03	)	$	(0.36	)	$	(0.07	)	$	(0.14	)	$	0.99		$	1.51


	Diluted earnings per share:(a)
	(Loss) income from continuing operations		$	(0.31	)	$	(0.20	)	$	(0.11	)	$	(0.20	)	$	0.02		$	(0.12	)	$	0.99		$	0.23
	Income (loss) from discontinued operations			0.68			(0.24	)		0.08			(0.16	)		(0.09	)		(0.02	)		—			1.25

	Net income (loss)		$	0.37		$	(0.44	)	$	(0.03	)	$	(0.36	)	$	(0.07	)	$	(0.14	)	$	0.99		$	1.48


	Basic weighted average shares outstanding(a)			124,403			119,032			126,664			120,013			126,971			122,396			127,160			122,785
	Diluted weighted average shares outstanding(a)			124,403			119,032			126,664			120,013			127,610			122,396			127,741			125,219


	(a)	Because the Company incurred a loss from continuing operations in the first three quarters of 2013 and first two quarters of 2014, outstanding stock options and nonvested shares are antidilutive for such periods. Accordingly, basic and diluted weighted average shares outstanding are equal for such periods.
	(b)	Included pretax expenses related to streamlining initiatives of $28.9 million.
	(c)	Included pretax expenses related to streamlining initiatives of $2.9 million.
	(d)	Included pretax expenses related to streamlining initiatives of $4.9 million.
	(e)	Included pretax expenses related to streamlining initiatives of $1.4 million.
	(f)	Included pretax expenses related to streamlining initiatives of $1.1 million.
	(g)	Included a pretax credit related to streamlining initiatives of $1.0 million
	(h)	Included pretax expenses related to streamlining initiatives of $7.1 million.
	(i)	Included pretax expenses related to streamlining initiatives of $7.3 million.

BASIS_OF_PRESENTATION_AND_SIGN2

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Details)

3 Months Ended

12 Months Ended

0 Months Ended

3 Months Ended

0 Months Ended

Jul. 05, 2014

Jan. 03, 2015

Dec. 28, 2013

Dec. 29, 2012

Nov. 19, 2013

Apr. 07, 2014

Nov. 19, 2013

Feb. 03, 2014

Nov. 06, 2013

Feb. 05, 2014

Oct. 31, 2012

Feb. 05, 2014

Oct. 31, 2012

Jul. 05, 2014

Feb. 03, 2014

item

USD ($)

Juicy Couture Disposal Group

LBD Acquisition

ABG

KATE SPADE International

Domestic

International

Subsequent Event

item

USD ($)

Lucky Brand

Juicy Couture

USD ($)

JPY (¥)

USD ($)

item

LBD Acquisition

Lucky Brand Note

USD ($)

Minimum

Maximum

Lucky Brand

USD ($)

Lucky Brand Note

USD ($)

Revenue Recognition

Licensing revenues

$16,200,000

$17,800,000

$19,600,000

Number of reportable segments resulting from disaggregation of former KATE SPADE segment

Number of Operating Segments

Number of reportable segments

Percentage of ownership interest in business sold

100.00%

Sale proceeds of intangible assets under disposal or sale transactions

225,000,000

Cash consideration

8,600,000

140,000,000

Term of note

3 years

Note

85,000,000

Increase in principal amount of Lucky Note annual increments

5,000,000

Cash interest on note

8,000,000

Purchase price

195,000,000

32,300,000

41,400,000

3,308,000,000

Working capital and other previously agreed adjustments

2,300,000

Business Combination Recognized Identifiable Working Capital and Other Previously Agreed Adjustments

2,300,000

Additional contingent payment

10,000,000

Guaranteed minimum royalties payment

10,000,000

Consideration on termination under disposition leases

51,000,000

Net proceeds received from termination under disposition leases

45,800,000

Proceeds previously received from termination under disposition leases

5,000,000

Acquired percentage of the equity

51.00%

Purchase price aggregate cash payments

$32,268,000

$41,027,000

BASIS_OF_PRESENTATION_AND_SIGN3

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Details 2) (USD $)	12 Months Ended			3 Months Ended
	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012	Jan. 03, 2015	Apr. 05, 2014	Sep. 28, 2013
Intangibles, Net
Impairment of intangible assets	$1,533,000	$3,300,000
Impairment charges on goodwill	0	0	0
Merchandising rights \| Minimum
Intangibles, Net
Amortization period	3 years
Merchandising rights \| Maximum
Intangibles, Net
Amortization period	4 years
Customer relationships \| Minimum
Intangibles, Net
Amortization period	12 years
Customer relationships \| Maximum
Intangibles, Net
Amortization period	14 years
Owned trademarks
Intangibles, Net
Impairment of intangible assets			0
Non-cash impairment charge	$1,500,000			$1,500,000	$1,500,000	$3,300,000

BASIS_OF_PRESENTATION_AND_SIGN4

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Details 3) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012
Property and Equipment, Net
Pretax charges	$10.40	$1.50	$26.40
Advertising, Promotion and Marketing
Advertising, marketing & promotion expenses	56.9	42.8	22.7
Shipping and Handling Costs
Shipping and handling costs	$32.80	$26.40	$15.40
Fiscal Year
Period in fiscal year	371 days	364 days	364 days
Minimum
Operating Leases
Retail stores leases term	5 years
Maximum
Operating Leases
Retail stores leases term	10 years
Buildings and building improvements \| Minimum
Shipping and Handling Costs
Estimated useful lives	20 years
Buildings and building improvements \| Maximum
Shipping and Handling Costs
Estimated useful lives	39 years
Machinery and equipment \| Minimum
Shipping and Handling Costs
Estimated useful lives	3 years
Machinery and equipment \| Maximum
Shipping and Handling Costs
Estimated useful lives	7 years
Costs for software developed or obtained
Shipping and Handling Costs
Estimated useful lives	5 years

ACQUISITION_Details

ACQUISITION (Details)

3 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

Jan. 03, 2015

Oct. 04, 2014

Jul. 05, 2014

Apr. 05, 2014

Dec. 28, 2013

Sep. 28, 2013

Jun. 29, 2013

Mar. 30, 2013

Jan. 03, 2015

Dec. 28, 2013

Dec. 29, 2012

Feb. 05, 2014

Jan. 03, 2015

Dec. 28, 2013

Dec. 29, 2012

Oct. 31, 2012

Jan. 03, 2015

Feb. 05, 2014

Oct. 31, 2012

Dec. 28, 2013

Dec. 29, 2012

Jan. 03, 2015

Feb. 05, 2014

Oct. 31, 2012

USD ($)

Distribution Rights

Customer Lists

KATE SPADE North America

Sanei

Globalluxe Kate Spade H K Limited

KATE SPADE International

USD ($)

HONG KONG

TAIWAN, PROVINCE OF CHINA

MACAU

SINGAPORE

MALAYSIA

INDONESIA

THAILAND

USD ($)

JPY (¥)

USD ($)

Distribution Rights

Customer Lists

KATE SPADE North America

item

USD ($)

ACQUISITION

Purchase price

$32,300,000

$41,400,000

¥ 3,308,000,000

Working capital and other previously agreed adjustments

2,300,000

Amount funded by Company's new partner, Valiram Group to acquire operating assets

1,500,000

Number of stores operated

Number of concessions operated

Remaining ownership interest acquired (as a percent)

51.00%

Cash acquired

400,000

Fair value of the equity interest at the acquisition date

47,200,000

Carrying value of investment

7,100,000

Sales generated

398,574,000

250,417,000

265,998,000

223,614,000

275,429,000

192,612,000

178,881,000

156,449,000

1,138,603,000

803,371,000

544,765,000

891,766,000

597,748,000

411,507,000

98,300,000

16,000,000

Gain (loss) recognized on remeasurement of investments

40,100,000

-1,800,000

700,000

Adjusted EBITDA generated

146,971,000

77,109,000

41,740,000

143,009,000

70,250,000

24,924,000

5,700,000

500,000

Goodwill recorded

64,798,000

49,111,000

64,798,000

49,111,000

60,223,000

47,664,000

58,669,000

63,483,000

21,800,000

63,400,000

Goodwill recorded, deductible for income tax purposes

Assets acquired:

Current assets

3,549,000

23,721,000

Property and equipment, net

1,267,000

5,608,000

Goodwill and intangibles, net

26,592,000

79,374,000

Other assets

860,000

6,776,000

Total Assets Acquired

32,268,000

115,479,000

Liabilities assumed:

Current liabilities

8,834,000

Non-current liabilities

17,629,000

Total liabilities assumed

26,463,000

Useful Life

1 year 8 months 12 days

3 years

Estimated Fair Value

4,500,000

256,000

14,900,000

1,100,000

Pro forma financial information

Net sales

617,134,000

Gross profit

388,190,000

Operating loss

-32,187,000

Loss before benefit for income taxes

-54,251,000

Loss from continuing operations

($50,836,000)

Diluted loss per share from continuing operations

($0.47)

DISCONTINUED_OPERATIONS_Detail

DISCONTINUED OPERATIONS (Details) (USD $)	12 Months Ended
DISCONTINUED OPERATIONS (Details) (USD $)	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012
Assets held for sale:
Cash and cash equivalents		$163,000
Accounts receivable - trade, net		41,709,000
Inventories, net		80,503,000
Property and Equipment, net		68,533,000
Other assets		11,146,000
Assets held for sale		202,054,000
Liabilities held for sale:
Accounts payable		52,977,000
Accrued expenses		27,773,000
Other liabilities		15,620,000
Liabilities held for sale		96,370,000
Pretax charges related to disposal of discontinued operations	130,000,000	143,400,000	-12,200,000
Aftertax charges related to disposal of discontinued operations	130,017,000	143,363,000	-12,190,000
Results of discontinued operations
Net sales	209,519,000	980,488,000	961,950,000
Loss before provision for income taxes	-46,923,000	-36,382,000	-3,056,000
Provision for income taxes	660,000	1,821,000	6,572,000
Loss from discontinued operations, net of income taxes	-47,583,000	-38,203,000	-9,628,000
Income (loss) on disposal of discontinued operations, net of income taxes	130,017,000	143,363,000	-12,190,000
Charges related to streamlining initiatives of the entity	$26,600,000	$48,400,000	$9,800,000

INVENTORIES_NET_Details

INVENTORIES, NET (Details) (USD $)	Jan. 03, 2015	Dec. 28, 2013
In Thousands, unless otherwise specified	Jan. 03, 2015	Dec. 28, 2013
INVENTORIES, NET
Raw materials and work in process	$538	$1,028
Finished goods	157,703	183,606
Total inventories, net	$158,241	$184,634

PROPERTY_AND_EQUIPMENT_NET_Det

PROPERTY AND EQUIPMENT, NET (Details) (USD $)	12 Months Ended			3 Months Ended
	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012	Sep. 28, 2013	Jun. 29, 2013
	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012	Sep. 28, 2013	item
PROPERTY AND EQUIPMENT, NET
Total property and equipment, gross	$333,212,000	$438,071,000
Less: Accumulated depreciation and amortization	159,140,000	289,000,000
Total property and equipment, net	174,072,000	149,071,000
Additional disclosures
Depreciation and amortization expense on property and equipment	38,300,000	28,000,000	22,300,000
Depreciation for property and equipment under capital leases	800,000	1,900,000	2,900,000
Property and equipment under capital leases	9,300,000	9,300,000
Sale Lease back Agreement for Ohio Facility
Additional disclosures
Proceeds from capital lease				20,300,000
Lease term				10 years
Deferred gain associated with sale-leaseback				9,500,000
Sale Leaseback Agreement for North Bergen, New Jersey Office
Additional disclosures
Proceeds from capital lease					8,700,000
Lease term					12 years
Number of renewal options under the sale-leaseback transaction					2
Term of options under the sale-leaseback transaction					5 years
Land and buildings
PROPERTY AND EQUIPMENT, NET
Total property and equipment, gross	9,300,000	9,300,000
Machinery and equipment
PROPERTY AND EQUIPMENT, NET
Total property and equipment, gross	140,189,000	171,811,000
Furniture and fixtures
PROPERTY AND EQUIPMENT, NET
Total property and equipment, gross	61,694,000	83,753,000
Leasehold improvements
PROPERTY AND EQUIPMENT, NET
Total property and equipment, gross	$122,029,000	$173,207,000

GOODWILL_AND_INTANGIBLES_NET_D

GOODWILL AND INTANGIBLES, NET (Details) (USD $)	12 Months Ended			3 Months Ended
GOODWILL AND INTANGIBLES, NET (Details) (USD $)	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012	Jan. 03, 2015	Apr. 05, 2014	Sep. 28, 2013	Feb. 05, 2014
Amortized intangible assets:
Gross carrying amount	$36,594,000	$28,981,000		$36,594,000
Accumulated amortization	-21,167,000	-13,203,000		-21,167,000
Net	15,427,000	15,778,000		15,427,000
Unamortized intangible assets:
Owned trademarks	74,900,000	74,900,000		74,900,000
Total intangible assets, net	90,327,000	90,678,000		90,327,000
Goodwill	64,798,000	49,111,000	60,223,000	64,798,000
Amortization expense of intangible assets	8,200,000	5,700,000	2,100,000
Estimated amortization expense for intangible assets
Fiscal Year 2015	7,700,000			7,700,000
Fiscal Year 2016	2,500,000			2,500,000
Fiscal Year 2017	2,000,000			2,000,000
Fiscal Year 2018	1,300,000			1,300,000
Fiscal Year 2019	400,000			400,000
Changes in carrying amount of goodwill
Balance at beginning of the period	49,111,000	60,223,000			49,111,000
Acquired	21,836,000
Translation adjustment	-6,149,000	-11,112,000
Balance at end of the period	64,798,000	49,111,000	60,223,000	64,798,000
KATE SPADE International
Unamortized intangible assets:
Goodwill	63,483,000	47,664,000		63,483,000			21,800,000
Changes in carrying amount of goodwill
Balance at beginning of the period	47,664,000	58,669,000			47,664,000		21,800,000
Acquired	21,836,000
Translation adjustment	-6,017,000	-11,005,000
Balance at end of the period	63,483,000	47,664,000		63,483,000			21,800,000
Adelington Design Group
Unamortized intangible assets:
Goodwill	1,315,000	1,447,000		1,315,000
Changes in carrying amount of goodwill
Balance at beginning of the period	1,447,000	1,554,000			1,447,000
Translation adjustment	-132,000	-107,000
Balance at end of the period	1,315,000	1,447,000		1,315,000
Owned trademarks
Amortized intangible assets:
Gross carrying amount	467,000	2,000,000		467,000
Accumulated amortization	-467,000	-100,000		-467,000
Net		1,900,000
Unamortized intangible assets:
Non-cash impairment charge	1,500,000			1,500,000	1,500,000	3,300,000
Customer relationships
Amortized intangible assets:
Gross carrying amount	7,422,000	7,273,000		7,422,000
Accumulated amortization	-4,769,000	-4,022,000		-4,769,000
Net	2,653,000	3,251,000		2,653,000
Customer relationships \| Weighted Average
Amortized intangible assets:
Amortization Period	11 years
Merchandising rights
Amortized intangible assets:
Gross carrying amount	12,012,000	6,087,000		12,012,000
Accumulated amortization	-4,108,000	-2,595,000		-4,108,000
Net	7,904,000	3,492,000		7,904,000
Merchandising rights \| Weighted Average
Amortized intangible assets:
Amortization Period	4 years
Reacquired rights
Amortized intangible assets:
Gross carrying amount	14,371,000	11,299,000		14,371,000
Accumulated amortization	-9,604,000	-4,394,000		-9,604,000
Net	4,767,000	6,905,000		4,767,000
Reacquired rights \| Weighted Average
Amortized intangible assets:
Amortization Period	2 years
Other
Amortized intangible assets:
Gross carrying amount	2,322,000	2,322,000		2,322,000
Accumulated amortization	-2,219,000	-2,092,000		-2,219,000
Net	$103,000	$230,000		$103,000
Other \| Weighted Average
Amortized intangible assets:
Amortization Period	4 years

ACCRUED_EXPENSES_Details

ACCRUED EXPENSES (Details) (USD $)	Jan. 03, 2015	Dec. 28, 2013
In Thousands, unless otherwise specified	Jan. 03, 2015	Dec. 28, 2013
ACCRUED EXPENSES
Lease obligations	$28,152	$34,142
Payroll, bonuses and other employment related obligations	27,446	45,971
Streamlining initiatives	13,633	17,829
Advertising	11,026	9,883
Taxes, other than taxes on income	9,275	13,762
Deferred income	7,742	6,322
Insurance related	6,109	7,739
Employee benefits	5,354	8,134
Accrued Disposition Costs	2,325	10,179
Interest	355	8,375
Other	39,509	37,842
Total	$150,926	$200,178

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	12 Months Ended
INCOME TAXES (Details) (USD $)	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012
Income (Loss) before benefit for income taxes
United States	($6,165,000)	($34,370,000)	($47,259,000)
International	-1,488,000	-2,358,000	-10,389,000
Loss Before Benefit for Income Taxes	-7,653,000	-36,728,000	-57,648,000
Current:
Federal	-77,366,000	686,000	3,344,000
Foreign	809,000	-2,326,000	1,254,000
State and local	-7,472,000	742,000	-3,175,000
Total Current	-84,029,000	-898,000	1,423,000
Deferred:
Federal	1,883,000	-626,000	-4,692,000
Foreign	-2,722,000	-437,000	-691,000
State and local	489,000	-2,602,000	-1,001,000
Total Deferred	-350,000	-3,665,000	-6,384,000
Income Tax Expense (Benefit), Total	-84,379,000	-4,563,000	-4,961,000
Reduction in uncertain tax positions	87,400,000
Effective income tax rate differed from the statutory federal income tax rate
Federal tax at statutory rate (as a percent)	35.00%	35.00%	35.00%
State and local income taxes, net of federal benefit (as a percent)	97.60%	7.20%	8.40%
Officer and share-based compensation (as a percent)	226.40%
Change in valuation allowance (as a percent)	-185.70%	-13.20%	-41.30%
Unrecognized tax benefits (as a percent)	1010.90%	-1.90%	-6.40%
Rate differential on foreign income (as a percent)	-46.80%	-15.00%	-5.90%
Gain on acquisition of subsidiary (as a percent)			29.70%
Conversion of debt to equity (as a percent)		-1.50%	-3.40%
Indefinite-lived intangibles (as a percent)	-31.00%	4.80%	-4.60%
Other, net (as a percent)	-3.90%	-3.00%	-3.00%
Effective income tax rate (as a percent)	1102.50%	12.40%	8.50%
Deferred tax assets:
Inventory valuation	9,212,000	6,088,000
Streamlining initiatives		10,003,000
Deferred compensation	2,053,000	3,009,000
Nondeductible accruals	10,363,000	83,661,000
Share-based compensation	11,827,000	7,322,000
Net operating loss carryforward	300,825,000	249,399,000
Tax credit carryforward	34,000	53,495,000
Goodwill	5,603,000	6,885,000
Capital loss carryforward	68,839,000	72,788,000
Other	15,906,000	19,339,000
Total deferred tax assets	424,662,000	511,989,000
Deferred tax liabilities:
Trademarks and other intangibles	-17,622,000	-16,636,000
Property and equipment	-5,632,000	-12,633,000
Other	-2,746,000	-1,584,000
Total deferred tax liabilities	-26,000,000	-30,853,000
Less: Valuation allowance	-415,173,000	-497,485,000
Net deferred tax liability	-16,511,000	-16,349,000
Adjustment in deferred tax assets	$44,700,000

INCOME_TAXES_Details_2

INCOME TAXES (Details 2) (USD $)	12 Months Ended
INCOME TAXES (Details 2) (USD $)	Jan. 03, 2015	Dec. 28, 2013
Carryforwards
Net operating loss carryforwards	$787,600,000
Adjustments effected due to tax deductions	115,000,000
Net operating loss carryforwards
Deferred tax assets related to net operating loss carryforwards for domestic state and local income tax purpose	53,700,000
Deferred tax assets related to net operating loss carryforwards for foreign income tax purpose	11,700,000
Total deferred tax assets related to net operating loss carryforwards	300,825,000	249,399,000
Deferred tax assets related to net operating loss carryforwards for federal income tax purpose	235,400,000
Valuation allowance	415,173,000	497,485,000
Total decrease in the valuation allowance	82,300,000
Federal
Carryforwards
Net operating loss carryforwards	275,600,000
Adjustments effected due to tax deductions	40,200,000
Net operating loss carryforwards
Operating loss carryforwards	$47,000,000

INCOME_TAXES_Details_3

INCOME TAXES (Details 3) (USD $)	12 Months Ended
INCOME TAXES (Details 3) (USD $)	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012
INCOME TAXES
Amount of unremitted earnings	$0
Changes in the amounts of unrecognized tax benefits
Unrecognized Tax Benefits, Beginning Balance	84,108,000	85,999,000	103,982,000
Increases from prior period positions	32,000	1,436,000	535,000
Decreases from prior period positions		-4,348,000	-630,000
Increases from current period positions		2,000,000	37,000
Decreases relating to settlements with taxing authorities		-153,000	-17,765,000
Reduction due to the lapse of the applicable statute of limitations	-74,916,000	-826,000	-160,000
Unrecognized Tax Benefits, Ending Balance	9,224,000	84,108,000	85,999,000
Unrecognized tax benefits
Increase (decrease) in accrual for interest	10,600,000	2,500,000	3,300,000
Increase (decrease) in accrual for penalties	1,600,000	100,000	-200,000
Accrual for interest on income taxes	1,800,000	12,400,000
Accrual for penalties on income taxes	1,100,000	2,700,000
Uncertain tax positions that would affect effective tax rate, if recognized	9,200,000
Expected reduction in the liability for unrecognized tax benefits, inclusive of interest & penalties, within the next 12 months, low end of the range	1,400,000
Expected reduction in the liability for unrecognized tax benefits, inclusive of interest & penalties, within the next 12 months, high end of the range	$3,600,000

COMMITMENTS_AND_CONTINGENCIES_1

COMMITMENTS AND CONTINGENCIES (Details) (USD $)	12 Months Ended			3 Months Ended
In Millions, unless otherwise specified	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012	Jun. 29, 2013
	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012	item
Leases
Rental expense	$87	$54.30	$33
Operating leases
2015	65.4
2016	60.9
2017	59
2018	55.4
2019	50.7
Thereafter	194.9
Total	486.3
Capital leases
2015	1.9
2016	2.1
2017	2.1
2018	2.2
2019	2.2
Thereafter	13.1
Total	23.6
Minimum non-cancelable sublease rentals	33.3
Liz Claiborne Canada Retail Stores
Capital leases
Number of store leases assigned to third parties	277
Number of leases for which the entity is secondarily liable	185
Future aggregate payments under disposition leases	$152
Sale Leaseback Agreement for North Bergen, New Jersey Office
Capital leases
Lease term				12 years
Number of renewal options under the sale-leaseback transaction				2
Term of options under the sale-leaseback transaction				5 years

COMMITMENTS_AND_CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details 2) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jan. 03, 2015
Other
Short-term commitments for purchase of raw materials and production of finished goods	156.4
Account receivable \| Credit concentration \| Nordstrom Inc. and Lane Crawford International Ltd.
Other
Concentration Risk (as a percent)	39.60%

DEBT_AND_LINES_OF_CREDIT_Detai

DEBT AND LINES OF CREDIT (Details)

12 Months Ended

3 Months Ended

12 Months Ended

0 Months Ended

3 Months Ended

12 Months Ended

1 Months Ended

3 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

Jan. 03, 2015

Dec. 28, 2013

Dec. 29, 2012

Jun. 29, 2013

Sep. 28, 2013

Mar. 30, 2013

Dec. 28, 2013

Dec. 29, 2012

Apr. 14, 2014

Jul. 12, 2012

Apr. 07, 2011

Jul. 05, 2014

Dec. 29, 2012

Jan. 03, 2015

12-May-14

Apr. 14, 2014

Jul. 12, 2012

Jun. 30, 2012

Jun. 08, 2012

Apr. 07, 2011

31-May-14

Jan. 03, 2015

Dec. 28, 2013

31-May-14

Apr. 08, 2011

Jan. 03, 2015

Dec. 28, 2013

Jun. 29, 2013

12-May-14

Apr. 10, 2014

Jan. 03, 2015

Apr. 10, 2014

USD ($)

Sale Leaseback Agreement for North Bergen, New Jersey Office

Convertible Notes Payable

10.5% Senior Secured Notes, due April 2019

Revolving Credit Facility [Member]

Letter of Credit [Member]

Standby letters of credit

Multi-currency revolving credit line

Swingline revolving credit line

Euro Currency Credit Line [Member]

5.0% Euro Notes, due July 2013

Capital lease obligations

Term Loan credit facility, due April 2021

Consolidated Net Total Debt Ratio Less than 2.75 To1.0 [Member]

Consolidated Net Total Debt Ratio Less than 2.25 To1.0 [Member]

USD ($)

EUR (€)

USD ($)

Maximum

USD ($)

Minimum

Maximum

EUR (€)

USD ($)

Sale Leaseback Agreement for North Bergen, New Jersey Office

USD ($)

Minimum

Maximum

Term Loan credit facility, due April 2021

item

USD ($)

DEBT AND LINES OF CREDIT

Interest rate (as a percent)

10.50%

5.00%

Total debt

$410,743,000

$394,201,000

$382,209,000

$6,000,000

$2,997,000

$8,585,000

$8,995,000

$396,158,000

Less: Short-term borrowings

10,459,000

3,407,000

Long-term debt

400,284,000

390,794,000

Principal amount of debt

52,900,000

220,000,000

400,000,000

Aggregate principal amount

152,000,000

400,000,000

Unamortized debt discount

1,800,000

Amortization payments

4,000,000

Debt conversion, aggregate principal amount

8,800,000

11,200,000

19,900,000

49,400,000

Number of shares of common stock converted from convertible notes

2,462,509

3,171,670

5,634,179

14,197,106

Pretax loss on the extinguishment of debt

-16,914,000

-1,707,000

-9,754,000

1,700,000

4,600,000

16,900,000

5,100,000

Net proceeds used to redeem the Company's remaining outstanding debt

354,800,000

Net proceeds from issuance of debt

160,600,000

212,900,000

Repurchase of aggregate principal amount of debt

334,800,000

37,200,000

128,500,000

392,000,000

Repurchase price as percentage of principal amount, plus accrued and unpaid interest

103.00%

105.25%

Offering of additional notes as a percentage of par value

108.25%

Quarterly amortization payments

1,000,000

Variable rate basis

LIBOR

Floor rate (as a percent)

1.00%

Spread on variable rate basis

1.50%

2.00%

3.00%

Additional incremental overall limit

100,000,000

Consolidated net total secured debt ratio used for determining additional amount

3.75

Refinancing term

6 months

Penalty (as a percentage)

1.00%

Amount required to be prepaid as a percentage of Company's excess cash flow

50.00%

25.00%

0.00%

Consolidated net total secured debt ratio

2.75

2.25

Available capacity under amended facility

200,000,000

125,000,000

40,000,000

35,000,000

30,000,000

Option to increase borrowing under certain specified conditions

100,000,000

Number of borrowing options under amended facility

Availability for number of consecutive business days to apply cash collections to reduce outstanding borrowings, maximum availability under credit facility

3 days

Fixed charge coverage ratio

Trailing number of quarters over which fixed charge coverage ratio is required to be maintained

Availability for number of consecutive business days for which specified fixed charge coverage ratio has to be maintained

3 days

Availability below which specified fixed charge coverage ratio has to be maintained

15,000,000

Covenant to apply cash collections to reduce outstanding borrowings, maximum availability under credit facility

20,000,000

Covenant to apply cash collections to reduce outstanding borrowings, maximum availability under credit facility as a percentage of the lesser of the borrowing base and aggregate commitments

12.50%

Minimum aggregate borrowing availability as a percentage of commitments then in effect below which a specified fixed charge coverage ratio has to be maintained

10.00%

Availability under amended facility

Total Facility

200,000,000

125,000,000

40,000,000

35,000,000

30,000,000

Borrowing Base

249,832,000

Letters of Credit Issued

13,140,000

Available Capacity

180,860,000

Excess Capacity

160,860,000

Outstanding Borrowings

6,000,000

Sale price of office building under sale-leaseback agreement

8,700,000

Lease term

12 years

Total lease payments under sale-leaseback agreement

8,600,000

9,000,000

26,900,000

Short-term borrowings included in capital lease obligations

$500,000

$400,000

FAIR_VALUE_MEASUREMENTS_Detail

FAIR VALUE MEASUREMENTS (Details) (USD $)	3 Months Ended			12 Months Ended
FAIR VALUE MEASUREMENTS (Details) (USD $)	Sep. 28, 2013	Jan. 03, 2015	Apr. 05, 2014	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012
Assumptions
Discount rate (as a percent)	3.50%
Market royalty rate (as a percent)	14.00%
Long term growth rate (as a percent)	2.00%
Owned trademarks
Assumptions
Non-cash impairment charge	3,300,000	$1,500,000	$1,500,000	$1,500,000
Fair value on non-recurring basis
Assets and liabilities measured at fair value
Property and equipment		10,358,000		10,358,000	1,480,000	26,413,000
Intangibles, net		1,533,000		1,533,000	3,300,000
Other assets					6,109,000
Fair value on non-recurring basis \| Fair Value Measured and Recorded at Reporting Date Using: Level 3
Assets and liabilities measured at fair value
Property and equipment		4,127,000		4,127,000	15,706,000	22,710,000
Intangibles, net					1,900,000
Fair value on non-recurring basis \| Net Carrying Value
Assets and liabilities measured at fair value
Property and equipment		4,127,000		4,127,000	15,706,000	22,710,000
Intangibles, net					1,900,000
Fair value on recurring basis \| Fair Value Measured and Recorded at Reporting Date Using: Level 2
Assets and liabilities measured at fair value
Financial Assets: Derivatives		$3,193,000		$3,193,000	$1,701,000

FAIR_VALUE_MEASUREMENTS_Detail1

FAIR VALUE MEASUREMENTS (Details 2) (USD $)	12 Months Ended
FAIR VALUE MEASUREMENTS (Details 2) (USD $)	Jan. 03, 2015	Dec. 28, 2013	Jun. 30, 2012	Apr. 07, 2011
Lucky Brand Note
Fair values and carrying values of debt instruments
Carrying value	$89,000,000
Initial principal payment	85,000,000
Accrued payment in kind	4,000,000
Lucky Brand Note \| Minimum
Fair values and carrying values of debt instruments
Fair value	79,000,000
Lucky Brand Note \| Maximum
Fair values and carrying values of debt instruments
Fair value	89,000,000
Convertible Notes Payable
Fair values and carrying values of debt instruments
Long-term Debt, Fair Value	384,786,000
Carrying value	396,158,000
Stated Percentage		10.50%
10.5% Senior Secured Notes, due April 2019
Fair values and carrying values of debt instruments
Long-term Debt, Fair Value		400,830,000
Carrying value		382,209,000
Stated Percentage	10.50%			10.50%
Carrying value			152,000,000
Revolving Credit Facility [Member]
Fair values and carrying values of debt instruments
Long-term Debt, Fair Value	6,000,000	2,997,000
Carrying value	$6,000,000	2,997,000

DERIVATIVE_INSTRUMENTS_Details

DERIVATIVE INSTRUMENTS (Details)	12 Months Ended
	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012	Jan. 03, 2015	Dec. 28, 2013	Jan. 03, 2015	Dec. 28, 2013	Jan. 03, 2015	Jan. 03, 2015	Jan. 03, 2015	Jan. 03, 2015
	Forward Contracts	Forward Contracts	Forward Contracts	Foreign Exchange Contract	Foreign Exchange Contract	Foreign Exchange Contract	Foreign Exchange Contract	Foreign Exchange Contract	Foreign Exchange Contract	Foreign Exchange Contract	Foreign Exchange Contract
	USD ($)	USD ($)	USD ($)	Designated as Hedging Instrument	Designated as Hedging Instrument	Not Designated as Hedging Instrument	Not Designated as Hedging Instrument	Forward Contracts	Forward Contracts	Forward Contracts	Forward Contracts
				USD ($)	USD ($)	USD ($)	USD ($)	Designated as Hedging Instrument	Designated as Hedging Instrument	Not Designated as Hedging Instrument	Not Designated as Hedging Instrument
								Short	Short	Short	Short
								USD ($)	JPY (¥)	USD ($)	JPY (¥)
DERIVATIVE INSTRUMENTS
Forward contracts to sell foreign currency in exchange of U.S. dollars								$39,100,000	¥ 4,300,000,000	$33,400,000	¥ 4,000,000,000
Transaction (losses) gains related to derivative instruments reflected within Other expense, net	4,500,000	8,500,000	1,000,000
Asset Derivatives
Asset Derivatives, Notional amount				39,100,000	21,050,000	33,350,000	38,403,000
Asset Derivatives, Fair value				$3,066,000	$1,317,000	$127,000	$384,000

DERIVATIVE_INSTRUMENTS_Details1

DERIVATIVE INSTRUMENTS (Details 2) (Foreign Exchange Contract, USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jan. 03, 2015	Dec. 28, 2013
Foreign Exchange Contract
Derivative instruments, Gain (Loss)
Amount of Gain or (Loss) Recognized in Accumulated OCI on Derivative (Effective Portion)	$2,854	$2,911
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Operations (Effective Portion)	$1,161	$1,326

STREAMLINING_INITIATIVES_Detai

STREAMLINING INITIATIVES (Details) (USD $)	3 Months Ended								12 Months Ended
STREAMLINING INITIATIVES (Details) (USD $)	Jan. 03, 2015	Oct. 04, 2014	Jul. 05, 2014	Apr. 05, 2014	Dec. 28, 2013	Sep. 28, 2013	Jun. 29, 2013	Mar. 30, 2013	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012
STREAMLINING INITIATIVES
Expected payment of accrued streamlining costs in the next 12 months	$7,800,000								$7,800,000
Expected payment of accrued streamlining costs classified as discontinued operations in the next 12 months									5,900,000
Roll forward of liability for streamlining initiatives
Balance at the beginning of the period				16,894,000				24,566,000	16,894,000	24,566,000	56,331,000
provision	7,100,000	1,100,000	4,900,000	28,900,000	7,300,000	-1,000,000	1,400,000	2,900,000	41,952,000	10,601,000	43,193,000
asset write-downs									-6,367,000	-1,744,000	-27,783,000
Translation difference									-3,000	23,000	83,000
Spending									-42,579,000	-16,552,000	-47,258,000
Balance at the end of the period	9,897,000				16,894,000				9,897,000	16,894,000	24,566,000
Share-based compensation									37,270,000	7,269,000	6,911,000
Payroll and Related Costs
Roll forward of liability for streamlining initiatives
Balance at the beginning of the period				3,036,000				4,559,000	3,036,000	4,559,000	7,352,000
provision									33,729,000	5,657,000	9,158,000
Translation difference										-7,000	25,000
Spending									-34,685,000	-7,173,000	-11,976,000
Balance at the end of the period	2,080,000				3,036,000				2,080,000	3,036,000	4,559,000
Contract Termination
Roll forward of liability for streamlining initiatives
Balance at the beginning of the period				2,151,000				4,243,000	2,151,000	4,243,000	18,012,000
provision									1,540,000	6,000	2,681,000
Translation difference										12,000	49,000
Spending									-2,704,000	-2,110,000	-16,499,000
Balance at the end of the period	987,000				2,151,000				987,000	2,151,000	4,243,000
Asset Write Downs and Disposals
Roll forward of liability for streamlining initiatives
provision									6,367,000	1,744,000	27,783,000
asset write-downs									-6,367,000	-1,744,000	-27,783,000
Other Restructuring
Roll forward of liability for streamlining initiatives
Balance at the beginning of the period				11,707,000				15,764,000	11,707,000	15,764,000	30,967,000
provision									316,000	3,194,000	3,571,000
Translation difference									-3,000	18,000	9,000
Spending									-5,190,000	-7,269,000	-18,783,000
Balance at the end of the period	6,830,000				11,707,000				6,830,000	11,707,000	15,764,000
Accrued withdrawal liability	6,800,000								6,800,000
Payroll and Related Costs and Spending
Roll forward of liability for streamlining initiatives
Share-based compensation									$17,300,000	$2,800,000

STREAMLINING_INITIATIVES_Detai1

STREAMLINING INITIATIVES (Details 2) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Jan. 03, 2015	Oct. 04, 2014	Jul. 05, 2014	Apr. 05, 2014	Dec. 28, 2013	Sep. 28, 2013	Jun. 29, 2013	Mar. 30, 2013	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012
STREAMLINING INITIATIVES
Expenses associated with streamlining actions	$7,100	$1,100	$4,900	$28,900	$7,300	($1,000)	$1,400	$2,900	$41,952	$10,601	$43,193
KATE SPADE North America
STREAMLINING INITIATIVES
Expenses associated with streamlining actions									7,319	791	2,519
KATE SPADE International
STREAMLINING INITIATIVES
Expenses associated with streamlining actions									1,567
Adelington Design Group
STREAMLINING INITIATIVES
Expenses associated with streamlining actions									982	272	3,112
Other
STREAMLINING INITIATIVES
Expenses associated with streamlining actions									$32,084	$9,538	$37,562

SHAREBASED_COMPENSATION_Detail

SHARE-BASED COMPENSATION (Details) (USD $)	12 Months Ended
SHARE-BASED COMPENSATION (Details) (USD $)	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012
SHARE-BASED COMPENSATION
Share-based compensation expense	$37,300,000	$7,300,000	$6,900,000
Payroll and Related Costs and Spending
SHARE-BASED COMPENSATION
Share-based compensation expense	17,300,000	2,800,000
2005 Plan
SHARE-BASED COMPENSATION
Authorized for issuance of common stock	5,000,000
Shares available for future grant	6,800,000
2011 Plan
SHARE-BASED COMPENSATION
Authorized for issuance of common stock	3,000,000
Shares available for future grant	6,800,000
2011 Plan \| Maximum
SHARE-BASED COMPENSATION
Number of shares authorized to grants of restricted stock, restricted stock units, unrestricted stock and performance shares	1,500,000
2013 Plan
SHARE-BASED COMPENSATION
Authorized for issuance of common stock	9,500,000
Shares available for future grant	6,800,000
Employee Stock Option
SHARE-BASED COMPENSATION
Holding period of shares, if previously acquired shares are tendered as payment	6 months
Vesting period	3 years
Valuation Assumptions:
Weighted-average fair value of options granted (in dollars per share)		$10.32	$6.04
Expected volatility (as a percent)		59.50%	63.30%
Weighted-average volatility (as a percent)		59.50%	63.30%
Expected term (in years)		4 years 10 months 24 days	5 years 1 month 6 days
Risk-free rate, minimum (as a percent)		0.10%	0.20%
Risk-free rate, maximum (as a percent)		3.90%	3.80%
Expected annual forfeiture (as a percent)		12.40%	13.50%
Shares
Outstanding at the beginning of the period (in shares)	5,166,375
Exercised (in shares)	-4,010,331
Cancelled/expired (in shares)	-125,075
Outstanding at end of the period (in shares)	1,030,969	5,166,375
Vested or expected to vest at the end of the period (in shares)	1,020,053
Exercisable at the end of the period (in shares)	537,404
Weighted Average Exercise Price
Outstanding at the beginning of the period (in dollars per share)	$11.26
Exercised (in dollars per share)	$10.46
Cancelled/expired (in dollars per share)	$37.21
Outstanding at the end of the period (in dollars per share)	$11.25	$11.26
Vested or expected to vest at the end of the period (in dollars per share)	$11.16
Exercisable at the end of the period (in dollars per share)	$6.85
Weighted Average Remaining Contractual Term
Outstanding at the end of the period	3 years 10 months 24 days	3 years 4 months 24 days
Vested or expected to vest at the end of the period	3 years 10 months 24 days
Exercisable at the end of the period	3 years 1 month 6 days
Aggregate Intrinsic Value
Outstanding at the beginning of the period (in dollars)	108,498,000
Exercised (in dollars)	98,734,000
Outstanding at the end of the period (in dollars)	21,613,000	108,498,000
Vested or expected to vest at the end of the period (in dollars)	21,477,000
Exercisable at the end of the period (in dollars)	13,628,000
Intrinsic value of options exercised (in dollars per share)	$24.62	$16.46
Additional disclosure
Nonvested stock options outstanding (in shares)	500,000
Weighted average grant date fair value per award for nonvested stock options (in dollars per share)	$16.03
Total unrecognized compensation cost related to nonvested stock options granted	600,000
Weighted average recognition period of unrecognized stock-based compensation expense	9 months 18 days
Fair value of shares vested under stock option plans	$3,200,000	$4,900,000	$4,100,000
Employee Stock Option \| Minimum
SHARE-BASED COMPENSATION
Contractual term	7 years
Employee Stock Option \| Maximum
SHARE-BASED COMPENSATION
Contractual term	10 years

SHAREBASED_COMPENSATION_Detail1

SHARE-BASED COMPENSATION (Details 2) (USD $)	12 Months Ended
SHARE-BASED COMPENSATION (Details 2) (USD $)	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012
Valuation Assumptions:
Weighted-average fair value (in dollars per share)	$50.24
Historic volatility (as a percent)	52.30%
Risk-free rate (as a percent)	1.68%
Weighted-average expected annual forfeiture (as a percent)	4.80%
Weighted Average Grant Date Fair Value
Nonvested stock at the end of the period (in dollars per share)	$50.24
Domestic and international employees
SHARE-BASED COMPENSATION
Percentage of shares vesting on the second anniversary from the date of grant	50.00%
Percentage of shares vesting on the third anniversary from the date of grant	50.00%
Restricted Stock
Valuation Assumptions:
Weighted-average fair value (in dollars per share)	$45.39	$14.93
Percentage of shares transferrable on first anniversary from date of grant	25.00%
Percentage of shares transferrable on the third anniversary from the date of grant	50.00%
Shares
Nonvested stock at the beginning of the period (in shares)	1,035,250
Granted (in shares)	1,637,778
Vested (in shares)	-406,500
Cancelled (in shares)	-546,954
Nonvested stock at the end of the period (in shares)	1,719,574	1,035,250
Expected to vest at the end of the period (in shares)	1,492,428
Weighted Average Grant Date Fair Value
Nonvested stock at the beginning of the period (in dollars per share)	$14.93
Granted (in dollars per share)	$48.05	$21.79	$11.91
Vested (in dollars per share)	$17.01
Cancelled (in dollars per share)	$16.80
Nonvested stock at the end of the period (in dollars per share)	$45.39	$14.93
Expected to vest at the end of the period (in dollars per share)	$45.42
Additional disclosures
Total unrecognized compensation cost related to nonvested stock awards granted under restricted stock plans	$48,600,000
Weighted average recognition period of unrecognized stock-based compensation expense	2 years 8 months 12 days
Fair value of shares vested under restricted stock plans	6,900,000	1,600,000	2,300,000
Restricted Stock \| Non-employee directors
Valuation Assumptions:
Value of shares granted annually	100,000
Restricted Stock \| Chairman of the Board
Valuation Assumptions:
Value of shares granted annually		150,000
Staking Grants
SHARE-BASED COMPENSATION
Aggregate grant date value	54,800,000
Percentage of shares vesting on the third anniversary from the date of grant	50.00%
Share Based Compensation Arrangement by Share Based Payment Award Percentage Vesting on Fifth Anniversary from Date of Grant	50.00%
Staking Grants \| Key Executives
SHARE-BASED COMPENSATION
Aggregate grant date value	64,900,000
Shares
Granted (in shares)	1,291,487
Annual Long Term Incentive Awards
SHARE-BASED COMPENSATION
Aggregate grant date value	10,100,000
Percentage of shares vesting on the second anniversary from the date of grant	50.00%
Annual Long Term Incentive Awards \| Minimum
SHARE-BASED COMPENSATION
Number of shares to be earned as a percentage of target amount	30.00%
Annual Long Term Incentive Awards \| Maximum
SHARE-BASED COMPENSATION
Number of shares to be earned as a percentage of target amount	200.00%
Performance Shares
SHARE-BASED COMPENSATION
Aggregate grant date value	$8,900,000
Valuation Assumptions:
Weighted-average fair value (in dollars per share)	$43.93
Historic volatility (as a percent)	44.20%
Risk-free rate (as a percent)	0.66%
Weighted-average expected annual forfeiture (as a percent)	4.00%
Shares
Expected to vest at the end of the period (in shares)	202,541
Weighted Average Grant Date Fair Value
Nonvested stock at the end of the period (in dollars per share)	$43.93
Performance Shares \| Minimum
Weighted Average Grant Date Fair Value
Number of awards granted depending on the Company's Total Shareholder Return ("TSR") relative to the TSR of the S&P Mid-Cap 400 Index (as a percent)	0.00%
Percentage impact of stock price over vesting periods on number of MSU awarded	30.00%
Performance Shares \| Maximum
Weighted Average Grant Date Fair Value
Number of awards granted depending on the Company's Total Shareholder Return ("TSR") relative to the TSR of the S&P Mid-Cap 400 Index (as a percent)	200.00%
Percentage impact of stock price over vesting periods on number of MSU awarded	200.00%
Performance Shares \| Key Executives
SHARE-BASED COMPENSATION
Performance period			2 years
Service period			3 years
Shares
Granted (in shares)			535,000

PROFITSHARING_RETIREMENT_SAVIN1

PROFIT-SHARING RETIREMENT, SAVINGS AND DEFERRED COMPENSATION PLANS (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012
PROFIT-SHARING RETIREMENT, SAVINGS AND DEFERRED COMPENSATION PLANS
401(k)/Profit Sharing Plan contribution expense	$1.40	$1.30	$1.10
Maximum percentage of base salary which can be deferred by employees	50.00%
Maximum percentage of annual bonus which can be deferred by employees	100.00%

EARNINGS_PER_COMMON_SHARE_Deta

EARNINGS PER COMMON SHARE (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Share data, unless otherwise specified	Jan. 03, 2015	Oct. 04, 2014	Jul. 05, 2014	Apr. 05, 2014	Dec. 28, 2013	Sep. 28, 2013	Jun. 29, 2013	Mar. 30, 2013	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012
Anti-dilutive shares
Income (loss) from continuing operations	$126,494	$2,623	($13,983)	($38,408)	$29,333	($14,165)	($23,588)	($23,745)	$76,726	($32,165)	($52,687)
Convertible Notes interest expense									82,434	105,160	-21,818
Income (loss) from continuing operations, diluted									$159,160	$72,995	($74,505)
Basic weighted average shares outstanding	127,160,000	126,971,000	126,664,000	124,403,000	122,785,000	122,396,000	120,013,000	119,032,000	126,264,000	121,057,000	109,292,000
Stock options and nonvested shares									755,000
Diluted weighted average shares outstanding	127,741,000	127,610,000	126,664,000	124,403,000	125,219,000	122,396,000	120,013,000	119,032,000	127,019,000	121,057,000	109,292,000
Basic
Income (loss) from continuing operations (in dollars per share)	$0.99	$0.02	($0.11)	($0.31)	$0.24	($0.12)	($0.20)	($0.20)	$0.61	($0.27)	($0.48)
Loss from discontinued operations (in dollars per share)		($0.09)	$0.08	$0.68	$1.27	($0.02)	($0.16)	($0.24)	$0.65	$0.87	($0.20)
Net income (loss) (in dollars per share)	$0.99	($0.07)	($0.03)	$0.37	$1.51	($0.14)	($0.36)	($0.44)	$1.26	$0.60	($0.68)
Diluted
Income (loss) from continuing operations (in dollars per share)	$0.99	$0.02	($0.11)	($0.31)	$0.23	($0.12)	($0.20)	($0.20)	$0.60	($0.27)	($0.48)
Loss from discontinued operations (in dollars per share)		($0.09)	$0.08	$0.68	$1.25	($0.02)	($0.16)	($0.24)	$0.65	$0.87	($0.20)
Net income (loss) (in dollars per share)	$0.99	($0.07)	($0.03)	$0.37	$1.48	($0.14)	($0.36)	($0.44)	$1.25	$0.60	($0.68)
Nonvested Shares
Anti-dilutive shares
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount										500,000	500,000
Diluted
Shares excluded from computation of diluted earnings per share										500,000	500,000
Shares not achieving performance criteria excluded from computation of diluted earnings per share										500,000	1,200,000
Convertible Notes Payable
Anti-dilutive shares
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount										5,200,000	5,800,000
Diluted
Shares excluded from computation of diluted earnings per share										5,200,000	5,800,000
Shares not achieving performance criteria excluded from computation of diluted earnings per share										1,500,000	12,300,000

ADDITIONAL_FINANCIAL_INFORMATI1

ADDITIONAL FINANCIAL INFORMATION (Details) (USD $)	12 Months Ended			0 Months Ended
In Millions, unless otherwise specified	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012	Feb. 08, 2013	Nov. 02, 2011
Other Expense, Net
Foreign currency transaction (losses) gains	($1.60)	($1.10)	$1.30
Trademark rights for LIZ CLAIBORNE family brands and MONET brand
Licensing-Related Transactions
Advance received for agreement to develop exclusive brands for JCPenney					20
Advance refunded on termination of agreement to develop exclusive brands for JCPenney				$20

ADDITIONAL_FINANCIAL_INFORMATI2

ADDITIONAL FINANCIAL INFORMATION (Details 2) (USD $)	12 Months Ended				3 Months Ended
ADDITIONAL FINANCIAL INFORMATION (Details 2) (USD $)	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012	Dec. 27, 2014	Sep. 28, 2013	Mar. 30, 2013
Condensed Consolidated Statements of Cash Flows Supplementary Disclosures
Net income tax payments	$1,000,000	$2,400,000	($1,100,000)
Interest payments	34,100,000	43,600,000	38,700,000
Accrued capital expenditures	9,800,000	13,300,000	7,700,000
Payment made to acquire business	32,268,000		41,027,000
KATE SPADE International
Condensed Consolidated Statements of Cash Flows Supplementary Disclosures
Payment made to acquire business			41,000,000
Juicy Couture
Condensed Consolidated Statements of Cash Flows Supplementary Disclosures
Payment made to acquire business				32,300,000
Convertible Notes Payable
Condensed Consolidated Statements of Cash Flows Supplementary Disclosures
Debt conversion, aggregate principal amount		19,900,000	49,400,000		8,800,000	11,200,000
Number of shares of common stock converted from convertible notes		5,634,179	14,197,106		2,462,509	3,171,670
Noncontrolling interest sold		$4,000,000

SEGMENT_REPORTING_Details

SEGMENT REPORTING (Details) (USD $)	3 Months Ended								12 Months Ended
	Jan. 03, 2015	Oct. 04, 2014	Jul. 05, 2014	Apr. 05, 2014	Dec. 28, 2013	Sep. 28, 2013	Jun. 29, 2013	Mar. 30, 2013	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012
	Jan. 03, 2015	Oct. 04, 2014	item	Apr. 05, 2014	Dec. 28, 2013	Sep. 28, 2013	Jun. 29, 2013	Mar. 30, 2013	item	Dec. 28, 2013	Dec. 29, 2012
SEGMENT REPORTING
Number of reportable segments									3
Number of reportable segments resulting from disaggregation of former KATE SPADE segment			2
Net Sales	$398,574,000	$250,417,000	$265,998,000	$223,614,000	$275,429,000	$192,612,000	$178,881,000	$156,449,000	$1,138,603,000	$803,371,000	$544,765,000
% to Total									100.00%	100.00%	100.00%
Depreciation and Amortization Expense									54,438,000	38,780,000	35,837,000
Adjusted EBITDA									146,971,000	77,109,000	41,740,000
Long-Lived Assets	926,338,000				977,511,000				926,338,000	977,511,000
Expenditures for Long-Lived Assets									132,221,000	67,591,000	89,392,000
Reconciliation to Loss from Continuing Operations
Adjusted EBITDA									146,971,000	77,109,000	41,740,000
Unallocated Corporate Costs									-48,441,000	-35,088,000	-25,641,000
Charges due to streamlining initiatives, brand-exiting activities, acquisition related costs and loss on asset disposals and impairments, net									-30,371,000	-15,716,000	-46,455,000
Share-based compensation									-37,270,000	-7,269,000	-6,911,000
Equity loss included in Reportable Segments Adjusted EBITDA									2,583,000	1,179,000	1,245,000
Operating Income (Loss)									33,472,000	20,215,000	-36,022,000
Other expense, net									-4,033,000	-2,062,000	-325,000
Impairment of cost investment										-6,109,000
Gain on acquisition of subsidiary											40,065,000
Loss on extinguishment of debt									16,914,000	1,707,000	9,754,000
Interest expense, net									-20,178,000	-47,065,000	-51,612,000
Benefit for income taxes									-84,379,000	-4,563,000	-4,961,000
Income (Loss) from Continuing Operations	126,494,000	2,623,000	-13,983,000	-38,408,000	29,333,000	-14,165,000	-23,588,000	-23,745,000	76,726,000	-32,165,000	-52,687,000
Payroll and Related Costs and Spending
Reconciliation to Loss from Continuing Operations
Share-based compensation									-17,300,000	-2,800,000
Domestic
SEGMENT REPORTING
Number of reportable segments			1
Net Sales									899,475,000	648,406,000	493,556,000
% to Total									79.00%	80.70%	90.60%
Long-Lived Assets	254,597,000				211,602,000				254,597,000	211,602,000
International
SEGMENT REPORTING
Number of reportable segments			4
Net Sales									239,128,000	154,965,000	51,209,000
% to Total									21.00%	19.30%	9.40%
Long-Lived Assets	74,600,000				77,258,000				74,600,000	77,258,000
Other
SEGMENT REPORTING
Adjusted EBITDA									-940,000	-4,334,000	-4,332,000
Reconciliation to Loss from Continuing Operations
Adjusted EBITDA									-940,000	-4,334,000	-4,332,000
KATE SPADE North America
SEGMENT REPORTING
Net Sales									891,766,000	597,748,000	411,507,000
% to Total									78.30%	74.40%	75.50%
Depreciation and Amortization Expense									31,905,000	23,961,000	21,364,000
Adjusted EBITDA									143,009,000	70,250,000	24,924,000
% of Sales									16.00%	11.80%	6.10%
Long-Lived Assets	467,383,000				377,102,000				467,383,000	377,102,000
Expenditures for Long-Lived Assets									76,707,000	58,089,000	41,885,000
Reconciliation to Loss from Continuing Operations
Adjusted EBITDA									143,009,000	70,250,000	24,924,000
Equity loss included in Reportable Segments Adjusted EBITDA									2,600,000	1,200,000	1,200,000
Kate Spade International
SEGMENT REPORTING
Net Sales									213,582,000	145,404,000	50,418,000
% to Total									18.80%	18.10%	9.30%
Depreciation and Amortization Expense									13,904,000	8,476,000	2,260,000
Adjusted EBITDA									810,000	-815,000	3,454,000
% of Sales									0.40%	-0.60%	6.90%
Long-Lived Assets	198,677,000				149,395,000				198,677,000	149,395,000
Expenditures for Long-Lived Assets									55,038,000	9,139,000	47,115,000
Reconciliation to Loss from Continuing Operations
Adjusted EBITDA									810,000	-815,000	3,454,000
Adelington Design Group
SEGMENT REPORTING
Net Sales									33,255,000	60,219,000	82,840,000
% to Total									2.90%	7.50%	15.20%
Depreciation and Amortization Expense									887,000	625,000	958,000
Adjusted EBITDA									4,092,000	12,008,000	17,694,000
% of Sales									12.30%	19.90%	21.40%
Long-Lived Assets	18,671,000				22,130,000				18,671,000	22,130,000
Expenditures for Long-Lived Assets									476,000	363,000	392,000
Reconciliation to Loss from Continuing Operations
Adjusted EBITDA									4,092,000	12,008,000	17,694,000
Corporate and Other
SEGMENT REPORTING
Depreciation and Amortization Expense									7,742,000	5,718,000	11,255,000
Adjusted EBITDA									-940,000	-4,334,000	-4,332,000
Long-Lived Assets	241,607,000				428,884,000				241,607,000	428,884,000
Reconciliation to Loss from Continuing Operations
Adjusted EBITDA									-940,000	-4,334,000	-4,332,000
Corporate, Non-Segment [Member]
SEGMENT REPORTING
Depreciation and amortization expense recorded in interest expense									$5,200,000	$3,600,000	$9,700,000

ACCUMULATED_OTHER_COMPREHENSIV2

ACCUMULATED OTHER COMPREHENSIVE LOSS (Details) (USD $)	12 Months Ended
ACCUMULATED OTHER COMPREHENSIVE LOSS (Details) (USD $)	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012
Accumulated other comprehensive (loss) income
Cumulative translation adjustment, net of income taxes of $0	($32,096,000)	($21,862,000)
Gains on cash flow hedging derivatives, net of income taxes of $602	2,110,000	983,000
Accumulated other comprehensive loss, net of income taxes	-29,986,000	-20,879,000
Income tax effect on cumulative translation adjustment	0
Income tax effect on gains on cash flow hedging derivatives	1,168,000	602,000
Change in each component of Accumulated other comprehensive (loss) income, net of income taxes
Balance at the beginning of the period	-20,879,000
Net current-period other comprehensive (loss) income	-9,107,000	-10,805,000	-4,150,000
Balance at the end of the period	-29,986,000	-20,879,000
Cumulative Translation Adjustment
Accumulated other comprehensive (loss) income
Accumulated other comprehensive loss, net of income taxes	-32,096,000	-21,862,000
Change in each component of Accumulated other comprehensive (loss) income, net of income taxes
Balance at the beginning of the period	-21,862,000	-10,074,000
Other comprehensive (loss) income before reclassification	-10,234,000	-11,788,000
Balance at the end of the period	-32,096,000	-21,862,000
Unrealized Gains (Losses) on Cash Flow Hedging Derivatives
Accumulated other comprehensive (loss) income
Accumulated other comprehensive loss, net of income taxes	2,110,000	983,000
Change in each component of Accumulated other comprehensive (loss) income, net of income taxes
Balance at the beginning of the period	983,000
Other comprehensive (loss) income before reclassification	1,847,000	1,805,000
Amounts reclassified from accumulated other comprehensive loss	-720,000	-822,000
Balance at the end of the period	$2,110,000	$983,000

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012	Jun. 30, 2011	Nov. 20, 2009
Related Party Transactions
Capital contributions to joint venture	$2,400	$5,500	$5,000
KS China Co Limited
Related Party Transactions
Ownership interest in joint venture (as a percent)				40.00%
Capital contributions to joint venture	$2,400	$5,500	$5,000
KATE SPADE International
Related Party Transactions
Ownership interest in joint venture acquired (as a percent)					51.00%

UNAUDITED_QUARTERLY_RESULTS_De

UNAUDITED QUARTERLY RESULTS (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Jan. 03, 2015	Oct. 04, 2014	Jul. 05, 2014	Apr. 05, 2014	Dec. 28, 2013	Sep. 28, 2013	Jun. 29, 2013	Mar. 30, 2013	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012
UNAUDITED QUARTERLY RESULTS
Net Sales	$398,574	$250,417	$265,998	$223,614	$275,429	$192,612	$178,881	$156,449	$1,138,603	$803,371	$544,765
Gross Profit	230,224	157,314	155,910	136,823	169,794	118,222	110,478	98,096	680,271	496,590	339,932
(Loss) income from continuing operations	126,494	2,623	-13,983	-38,408	29,333	-14,165	-23,588	-23,745	76,726	-32,165	-52,687
(Loss) income from discontinued operations, net of income taxes	30	-11,753	9,579	84,578	155,839	-2,701	-19,549	-28,429	-82,434	-105,160	21,818
Net income (loss)	126,524	-9,130	-4,404	46,170	185,172	-16,866	-43,137	-52,174	159,160	72,995	-74,505
Basic earnings per share
(Loss) income from continuing operations (in dollars per share)	$0.99	$0.02	($0.11)	($0.31)	$0.24	($0.12)	($0.20)	($0.20)	$0.61	($0.27)	($0.48)
Income (loss) from discontinued operations (in dollars per share)		($0.09)	$0.08	$0.68	$1.27	($0.02)	($0.16)	($0.24)	$0.65	$0.87	($0.20)
Net income (loss) (in dollars per share)	$0.99	($0.07)	($0.03)	$0.37	$1.51	($0.14)	($0.36)	($0.44)	$1.26	$0.60	($0.68)
Diluted earnings per share
(Loss) income from continuing operations (in dollars per share)	$0.99	$0.02	($0.11)	($0.31)	$0.23	($0.12)	($0.20)	($0.20)	$0.60	($0.27)	($0.48)
(Loss) income from discontinued operations (in dollars per share)		($0.09)	$0.08	$0.68	$1.25	($0.02)	($0.16)	($0.24)	$0.65	$0.87	($0.20)
Net income (loss) (in dollars per share)	$0.99	($0.07)	($0.03)	$0.37	$1.48	($0.14)	($0.36)	($0.44)	$1.25	$0.60	($0.68)
Basic weighted average shares outstanding	127,160	126,971	126,664	124,403	122,785	122,396	120,013	119,032	126,264	121,057	109,292
Diluted weighted average shares outstanding	127,741	127,610	126,664	124,403	125,219	122,396	120,013	119,032	127,019	121,057	109,292
Pretax expenses (credit) related to streamlining initiatives	$7,100	$1,100	$4,900	$28,900	$7,300	($1,000)	$1,400	$2,900	$41,952	$10,601	$43,193

SUBSEQUENT_EVENTS_Details

SUBSEQUENT EVENTS (Details) (USD $)	1 Months Ended	0 Months Ended
In Millions, unless otherwise specified	Feb. 04, 2015	Jan. 29, 2015	Jun. 30, 2011
	item	item	Jun. 30, 2011
KS China Co Limited
Subsequent event
Ownership interest in joint venture (as a percent)			40.00%
Kate Spade China and K S H M T Co Limited
Subsequent event
Investments in the joint ventures under the equity method of accounting	34
Walton Brown
Subsequent event
Number of joint ventures	2
Walton Brown \| Kate Spade China and K S H M T Co Limited
Subsequent event
Ownership interest in joint venture (as a percent)	50.00%
Jack Spade
Subsequent event
Number of owned stores		12
Kate Spade Saturdays
Subsequent event
Number of owned stores		16
Number of partnered store locations		3
Forecast \| Minimum
Subsequent event
Non-cash asset impairment charges		7
Forecast \| Maximum
Subsequent event
Non-cash asset impairment charges		9
Subsequent Event \| Kate Spade China and K S H M T Co Limited
Subsequent event
Initial period of joint venture operations	10 years
Subsequent Event \| E-Land Fashion \| KS China Co Limited
Subsequent event
Ownership interest in joint venture (as a percent)	60.00%
Aggregate payment to acquire interest in joint venture	36
Payments to acquire additional interest in joint venture	10
Termination and other related costs	26
Subsequent Event \| Lane Crawford Joyce Group Member \| Kate Spade China and K S H M T Co Limited
Subsequent event
Proceeds received in relation to joint ventures interests	21
Subsequent Event \| Forecast \| Minimum
Subsequent event
Termination and other related costs		21
Cash restructuring charges		32
Employee related costs		4
Subsequent Event \| Forecast \| Maximum
Subsequent event
Termination and other related costs		25
Cash restructuring charges		39
Employee related costs		5

SCHEDULE_II_VALUATION_AND_QUAL1

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Jan. 03, 2015	Dec. 28, 2013	Dec. 29, 2012
Accounts receivable - allowance for doubtful accounts
Valuation and qualifying accounts
Balance at Beginning of Period	$1,800	$1,625	$340
Additions - Charged to Costs and Expenses	1,189	229	1,555
Deductions	1,273	54	270
Balance at End of Period	1,716	1,800	1,625
Allowance for returns
Valuation and qualifying accounts
Balance at Beginning of Period	7,230	8,501	8,053
Additions - Charged to Costs and Expenses	80,453	85,083	109,493
Deductions	80,004	86,354	109,045
Balance at End of Period	7,679	7,230	8,501
Allowance for discounts
Valuation and qualifying accounts
Balance at Beginning of Period	32	533	569
Additions - Charged to Costs and Expenses	208	371	3,626
Deductions	166	872	3,662
Balance at End of Period	74	32	533
Deferred tax valuation allowance
Valuation and qualifying accounts
Balance at Beginning of Period	497,485	545,565	494,745
Additions - Charged to Costs and Expenses			50,820
Deductions	82,312	48,080
Balance at End of Period	$415,173	$497,485	$545,565