Kate Spade: Why It’s Today’s Must-Have Item

Kate Spade (KATE) is today’s must have item–at least among investors. Associated Press Shares of Kate Spade have jumped 12% to $33.30 at 9:33 a.m. after the retailer said its sales would come in between $1.13 billion and $1.14 billion in 2014. Kate Spade also said it would close some Kate Spade Saturday and Jack Spade stores [...]
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