Officials: Designer Kate Spade Found Dead In Apartment

Law enforcement officials say New York fashion designer Kate Spade has been found dead in her apartment in an apparent suicide.

The officials say she was found hanging by housekeeping staff inside her Park Avenue apartment at about 10:20 a.m. Tuesday. They say she left a note at the scene.

The officials were not authorized to divulge details of an ongoing investigation and spoke to The Associated Press on condition of anonymity. The officials didn’t know what the note said.

The 55-year-old Spade created a line of sleek handbags in the early 1990s that created a smash.

Her company, Kate Spade New York, has over 140 retail shops and outlet stores across the U.S. and more than 175 shops internationally.

Neiman Marcus in 1999 and 2006 for a total of a reported $93 million to Neiman Marcus. Neiman Marcus sold the business to Liz Claiborne in 2006 for a reported $124 million, Forbes states.

Then last year, Coach purchased the company for $2.4 billion. 

Read Forbes article