FILE - In this May 13, 2004 file photo, designer Kate Spade poses with shoes from her next collection in NY.
Law enforcement officials "confirm she was found at 10:20 a.m. EST" and was pronounced dead at the scene.
Most known for Kate Spade Handbags, which she co-created with husband Andy Spade in 1993, the designer owned hundreds of branches around the world.
Her brand, Kate Spade New York, has more than 140 retail shops and outlet stores across the USA and more than 175 shops internationally.
Upon signing the deal, Coach CEO Victor Luis, told Businesswire, "Kate Spade has a truly unique and differentiated brand positioning with a broad lifestyle assortment and strong awareness among consumers, especially millennials". That company was sold to luxury competitor Coach a year ago in a $2.4 billion deal. But Kate Spade wasn't frilly. "Our thoughts are with Andy and the entire Spade family at this time".
The Spade family released a statement on Tuesday: "We are all devastated by today's tragedy".
Spade was born in Kansas City, MO, in 1962, and she attended the University of Kansas before transferring to Arizona State University. When I was coming up at Steve Madden, I looked up to Kate Spade and admired her work.
Kate Spade New York issued a statement confirming the "incredibly sad news" of its founder's death.
"I will never forget the first Kate Spade bag I got for Christmas in college", Jenna Bush Hager tweeted. "She was also a staple of NYC who spread goodwill". She sold the last of her shares in that concern in 2016 and launched a new fashion brand called Frances Valentine.
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