Kate Spade items fly off virtual thrift shop shelves after designer's death

The unexpected death of fashion designer Kate Spade on Tuesday has shoppers rushing to buy her brightly colored handbags, raising prices of used merchandise several times over, second-hand online retailers said.     Online fashion market Tradesy saw a sextupling of average prices, a doubling of supply and an 800 percent increase in purchases for Kate Spade handbags on the day of her death. "Whenever an artist of any kind passes, it's a common thing that you see both demand for their products increase and average price also increase," said Kamini Lane, chief marketing officer of the Santa Monica-based company.

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