By  on July 27, 2007

NEW YORK — Husband-and-wife team Kate and Andy Spade are saying goodbye to their brainchild.

Following the expiration of the service agreement the duo had with Liz Claiborne Inc. after the $4.99 billion vendor acquired the accessories brand last November, the Spades will step down from their respective roles as designer and chief executive officer at the end of next week at the close of spring market.

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