Have you hear the news?! Kate and Andy Spade have teamed up with Elyce Arons and Paola Venturi (talented folks from their early Kate Spade New York crew) to launch a new venture, Frances Valentine. The debut collection hits stores this spring and features a colorful array of shoes and handbags. The price point is steep, but as far as I’m concerned, anything with team Spade behind it is worth every penny. They’ve already set up a killer showroom in New York complete with pieces from Andy’s art collection on the walls (just a Julian Schnabel, super casual…). My favorite quote from Kate to Women’s Wear Daily on her current aesthetic? “It’s not like I went away for eight years and I came back and I’m suddenly Rick Owens. That didn’t happen.” Sign up for the Frances Valentine mailing list here and read more about the upcoming launch here. Oh and don’t forget to follow them on instagram for teasers!