As far as market cap goes, Kate Spade's relatively small size, compared with rival Kors today, could make it attractive to growth investors looking to get into the name before the stock hits it big with institutional investors. Kate Spade currently has a market cap of $4.6 billion, compared with $18.9 billion for Michael Kors. Formerly known as Fifth & Pacific, the multinational apparel company recently sold its Juicy Couture and Lucky Brand jeans businesses to focus entirely on its Kate Spade brand.