Last year, Lloyd said her end goal for Kate Spade was to "create this global lifestyle brand that is seamless wherever you see it in the world; that you walk in and you see it, and you know it's Kate Spade versus anybody else.” She added that it was "her wish to lead a team of incredible women [to create] that," so that "one day [she] can drift off into the sunset.” Her sunset may have come a bit early at Kate Spade, but like the song goes, the sun will come out tomorrow.