Former Kate Spade CEO bags big stock gains

April 9, 2015 10:27 PM

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Longtime stakeholders in the retail fashion marketer that evolved into Kate Spade KATE have been feeling sandbagged since the stock peaked at about $47 in 2007.

Shares of the company formerly known as Fifth and Pacific stalled out in 2014 – essentially ending where they began the year at about $32.

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