At the time I placed my order I signed up to receive emails and have received a number of offers to purchase at discounts of up to 70% off everything plus an additional 20% off selected styles.

This raises the distinct possibility that the price listed on the Kate Spade website are inflated, perhaps by as much as a factor of four, over their expected selling price and that the expected selling price for overstock could even be less.

Since whether the offer was financially sound must use the prices Kate Space was expecting to receive conclusions that the offer on its face could not be that were based on listed price have to be disregarded as fundamentally flawed.