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Stock impact report

Kate Spade confronted the tragic death of its founder head-on. Now its CEO aims to honor the legacy of that loss [Fortune]

Altus Power, Inc. Class A (AMPS) 
Company Research Source: Fortune
committed to mental health, six years after the death of its founder. Have a restorative weekend. – Impact of a tragedy. Kate Spade's death by suicide in 2018 was a devastating moment for fans of the well-known designer and her eponymous brand. The tragedy required Kate Spade, the brand, to face reality head-on. “It happened, and there's no hiding from it,” says Kate Spade CEO and brand president Liz Fraser. Fraser joined the Tapestry-owned brand in 2020, two years after Spade's death. But she says the Kate Spade customer “never would have allowed” the brand to ignore or try to move past the death of its cofounder. “They felt like she was their friend,” Fraser says. In the years since, the brand has doubled down on its work in women's mental health , which started with an effort to support women in Rwanda dealing with the effects of generational trauma. After Spade's death, it pledged $1 million to support mental health, and it's partnered with actress Taraji P. Henson's foundat Show less Read more
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