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Kate Spade sales soar following founder's death

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Kate Spade's death sent her brand's sales up 31 percent, according to the New York Business Journal.

Tapestry (NYSE: TPR), which owns the Kate Spade, Coach and Stuart Weitzman brands, yesterday forecast a full-year sales increase above analysts' expectations.

The company cited a boost from the Kate Spade products and merchandise after Spade died of suicide.

Read more from the New York Business Journal.

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