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Fashion Designer Kate Spade Found Dead In Apparent Suicide

Courtesy of ZeroHedge. View original post here.

Iconic fashion designer Kate Spade was found dead Tuesday morning in her NYC apartment, in an apparent hanging, TMZ reports.

Law enforcement sources told TMZ that Spade was found 10:20 AM ET, after hanging herself with a scarf in her Park Avenue home. She was pronounced dead on the scene.

According to AP, Kate got her start in the '80s working for women's magazine "Mademoiselle" in Manhattan, when she moved in with Andy Spade, David Spade's brother. She and Andy met in college while working at a clothing store.

Together, Kate and Andy launched Kate Spade Handbags in 1993, and it blossomed into a full-scale clothing and jewelry line. Kate and Andy got married in 1994.

Kate sold her company in 2007 and took some time off to raise her daughter, but got back in the game in 2016 by launching a new fashion brand called Frances Valentine.

Tapestry, which owns the Kate Spade name together with other brands such as Coach and Stuart Weitzman, dropped modestly on the tragic news.


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