"Each will be reviewed on a case-by-case basis and we will reduce the number" of licenses in sharpening the program's focus on fashion and home goods, Luis said. Meanwhile, the Kate Spade brand is forecast to generate $1.2 billion in sales in the fiscal year ending July 1, 2018, down slightly from $1.24 billion a year earlier, Coach executives said. Coach will move to expand Kate Spade in international markets that accounted for 12.4% of the brand's annual. Coach also will open 20-25 Kate Spade outlet stores in 2018, the bulk of them in international markets. Overall, Coach's net income in Q4 ended July 1 jumped to $151.7 from $82 million a year earlier as revenue declined slightly to $1.13 billion.