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The brand, launched by twin sisters Mary Kay Bowden and Kim Willson, is launching with a collection of leather handbags embellished with diamonds and other fine gemstones.

Juergen Frank/Corbis via Getty Images In the early 1990s, Kate Spade, a young accessories editor at Mademoiselle magazine in New York, was on the hunt for a functional, everyday shoulder bag.

The brand, launched by twin sisters Mary Kay Bowden and Kim Willson, is launching with a collection of leather handbags embellished with diamonds and other fine gemstones.