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Tapestry Investors Jump Ship in Line With Kate Spade Apparent Suicide

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Kate Spade, a fashion designer known for her playful and colorful namesake brand, was found dead in her New York City apartment Tuesday, in an apparent suicide. Though Kate Spade sold a 56 percent stake in the brand to Neiman Marcus Group in 1999 and the remainder in 2006, investors are concerned that the brand…

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