Officials on the scene said they could not give more detail while the investigation is still ongoing. Celebrity Net Worth contradicts this number, pinning her net worth at $200 million, but regardless, the numbers make it clear that Spade was a savvy businesswoman who knew her stuff. Kate Spade New York has 140 retail shops and outlet stores nationwide and more than 175 global stores.
Tapestry Inc, the handbag company formerly known as Coach, bought the company from Spade in May a year ago for US$2.4 billion.
The luxury fashion company Coach announced it was purchasing the company for $2.4 billion a year ago. Spade changed her last name to Valentine in 2016 to distinguish between her two brands.
Spade leaves behind her husband and the couple's one daughter, Frances Beatrix Spade. Prior to launching her fashion line, Spade spent five years at "Mademoiselle", a women's magazine, and eventually become a senior fashion editor and head of accessories.More news: Snapdragon 850: Everything you need to know about the Windows 10 chip
She was working as an accessories editor at Mademoiselle magazine when she launched her company with husband Andy in their NY apartment in 1993.
Models pose at the Kate Spade New York Spring 2017 Fashion Presentation at the Russian Tea Room on February 10, 2017 in New York City. Andy is the brother of Hollywood actor David Spade.
After news broke about Spade's suicide, her brother-in-law, comic David Spade, was spotted looking somber while hugging a friend in Los Angeles. "Kate Spade was more than a designer".
Lena Dunham tweeted about Spade's "quirky visual language". She did not show her bedroom but spoke on her love for the home and her family. "Thank you, Kate, from one of the millions you made feel handsome".
"I think there's a big difference between what I'm doing and what I did at Kate Spade".