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Kate Middleton's Royal Charity Trademarks Fashion Goods In Her Name! But What Does It Mean???

Kate Middleton's charity applies to trademark fashion goods in her name

Took them long enough!

Kate Middleton and Prince William's charity, The Royal Foundation of the Duke and Duchess of Cambridge and Prince Harry, has applied for the right to trademark fashion items in the Duchess's name.

The move comes after the charity saw a massive rise in donations following the royal wedding back in 2011, prompting them to apply to the UK Patent Office to trademark "clothing, footwear, and headgear."

A spokesman for St. James's Palace explained:

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Steve Madden's The Proud New Owner Of Betsey Johnson


Betsey Johnson has handed over her trademarks to Steve Madden, which officially makes him the owner of her company.

But it's not because Betsey couldn't pay him back.

As we mentioned last month, Steve took over the $48.8 million loan BJ defaulted on. To secure the loan, the designer used intellectual property as collateral, which would become Madden's if she didn't pay him back by August of 2012.

However, the two have come to an agreement that's has made Steve Madden the owner.

The COO of Betsey Johnson couldn't be happier, saying:

"Whenever you come out of a situation with a good partner, cash coming into the business and the elimination of all debt, what’s not to love?"

Fair enough.

Now that Madden's in the drivers seat, he wants to make shoe sales 30% of the business and expand the daytime dress collection.

We're sure he won't have any problems with the shoes.

[Image via Flashpoint/WENN.]

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