Content about Cache

May 28, 2014

Specialty women’s apparel retailer Cache Inc. intends to offer and sell, subject to market and other conditions, $14 million of its common stock in a public offering.

New York – Specialty women’s apparel retailer Cache Inc. intends to offer and sell, subject to market and other conditions, $14 million of its common stock in a public offering. Cache intends to grant the underwriter a 30-day option to purchase up to an aggregate of 15% of the amount of common stock offered.

Cache expects to use the net proceeds from the offering for working capital and general corporate purposes. In connection with the offering, B. Riley & Co., LLC is acting as the sole underwriter.

 

May 12, 2014

A shrinking net loss was the only positive result from the tough first quarter fiscal 2014 numbers posted by Cache Inc.

New York – A shrinking net loss was the only positive result from the tough first quarter fiscal 2014 numbers posted by Cache Inc. Net loss shrank to $10.8 million from $17.8 million in the same quarter a year earlier.

Cache’s net sales dropped 11% to $47.4 million, from $53.5 million. Same-store sales declined 8.9%, with the shift in Easter contributing. Jay Margolis, chairman and CEO of Cache, tried to strike an encouraging tone.

November 4, 2013

Providing in-store customers with enhanced online “endless aisle” access to products can boost sales and customer service. But if the wait for endless aisle connectivity takes too long, its effectiveness is impacted.

May 14, 2013

Cache reported a loss of $18.5 million for the first quarter, widened from a loss of $1.2 million in the same quarter last year.

New York -- Cache reported Tuesday a loss of $18.5 million for the first quarter, widened from a loss of $1.2 million in the same quarter last year. An income tax provision of $10.2 million and employee separation costs were cited as reasons for the worsened performance.

Revenue declined 5% to $53.5 million from $56 million, and same-store sales dipped 1.5%.

 

April 29, 2013

Cache said Monday that it has appointed Arnold Cohen as executive VP/chief marketing officer for the women’s apparel chain.

New York -- Cache said Monday that it has appointed Arnold Cohen as executive VP/chief marketing officer for the women’s apparel chain.

Cohen’s background includes eight years with American Eagle Outfitters, where he was involved in creating the first mobile concept, the early iteration of Martin and Osa, and the back-on-campus initiative that rolled out to 50 colleges.

 

April 2, 2013

Cache announced that Daphne Pappas has joined the company as EVP, chief merchandise officer.

New York -- Cache announced that Daphne Pappas has joined the company as EVP, chief merchandise officer. For the past 10 years, she served as VP general merchandising manager for Burberry America’s where she led the company’s women’s business.

Prior to Burberry, Pappas was the divisional merchandise manager of juniors sportswear at Macy’s East.

February 5, 2013

Cache announced that it has appointed Jay Margolis as chairman and CEO of Cache.

New York -- Cache announced that it has appointed Jay Margolis as chairman and CEO of Cache. Concurrent with the appointment, Thomas Reinckens will step down as chairman and CEO.
 
Margolis most recently served as president and CEO of Limited Brands’ Apparel Group (Express and Limited Stores), where he was responsible for revamping the product line and leading the successful operational turnaround of the businesses. Prior to Limited Brands, he was president, COO & director of Reebok International.
 

February 5, 2013

Cache announced that it has appointed Jay Margolis as chairman and CEO of Cache.

New York -- Cache announced that it has appointed Jay Margolis as chairman and CEO of Cache. Concurrent with the appointment, Thomas Reinckens will step down as chairman and CEO.
 
Margolis most recently served as president and CEO of Limited Brands’ Apparel Group (Express and Limited Stores), where he was responsible for revamping the product line and leading the successful operational turnaround of the businesses. Prior to Limited Brands, he was president, COO & director of Reebok International.
 

November 19, 2012

RetailNext announced that specialty retailer Cache has chosen RetailNext for its in-store traffic management and real-time monitoring system.

San Jose, Calif. -- RetailNext announced that specialty retailer Cache has chosen RetailNext for its in-store traffic management and real-time monitoring system. The retailer is currently rolling out RetailNext's platform across the majority of its stores in 43 states.

March 1, 2012

Women’s apparel retailer Cache Inc. said Thursday that it has partnered with e-commerce solution provider FiftyOne Global Ecommerce to facilitate international sales and shipments to more than 100 countries, beginning in fall 2012.

New York City -- Women’s apparel retailer Cache Inc. said Thursday that it has partnered with e-commerce solution provider FiftyOne Global Ecommerce to facilitate international sales and shipments to more than 100 countries, beginning in fall 2012.

November 9, 2010

Women’s apparel retailer Cache reported Wednesday that it narrowed its loss for the quarter ended...

October 22, 2009

Cache said Friday that it lost more money in its fiscal third quarter than a...

January 23, 2008

New York City, ...