Caché Ends “Challenging Year” With Q4 Loss
New York—Caché said Tuesday that it swung into a fourth quarter loss as net sales and comparable store sales edged downward. For the quarter ended Dec. 29, Caché posted a net loss of $5.5 million, or...
View ArticleExecutive Appointments at Hermès, Bebe, Crocs, Caché
Axel Dumas to Succeed Thomas as Hermès CEO Paris—Axel Dumas, a sixth generation member of Hermès’ founding family, was named the new chief executive officer effective in May. The 42-year-old scion of...
View ArticleCaché Q1 Loss Widens on Taxes, Charges
New York—Caché swung into a wider first quarter loss as it faced a larger income tax provision and employee separation costs. For the quarter ended March 30, the women’s specialty retailer posted a net...
View ArticleTurnaround Costs Push Caché into Q2 Loss
New York—Costs of its turnaround efforts cut into Cache Inc.’s latest earnings, pushing the specialty retailer into a second quarter loss. For the quarter ended June 29, Cache posted Tuesday a loss of...
View ArticleCaché Q3 Loss Widens, But Sales Increase
New York—Caché Inc. reported today that it swung into a wider third quarter loss as increased operating expenses and an income tax benefit last year cut into its profit. For the quarter ended Sept. 28,...
View ArticleCache Q4 Loss Narrows Despite Sales Decline
New York—Cache Inc. said today its fourth quarter loss narrowed even as net and comparable store sales were down. CEO Jay Margolis said the specialty retailer has made significant progress in its...
View ArticleCaché Narrows Q1 Loss, But Sales Slip
New York—Caché Inc. today reported a narrowed first quarter loss and sales decline described as “a disappointing start with the year.” For the quarter ended March 29, the women’s specialty retailer...
View ArticleCache Swings into Larger Q2 Loss, Sales Slow
New York—Cache Inc. reported Monday evening that its second quarter swung into a wider loss as sales slowed but company executives still looked at it optimistically. Cache posted a net loss of $ 7.9...
View ArticleCaché Q3 Profit, Sales Miss Estimates
New York–Caché reported Monday that it swung into a wider loss, missing analysts’ estimate. The women’s specialty store said its third quarter loss was 41 cents a share, missing analysts’ consensus for...
View ArticleThe Latest Specialty Retailer to File Chapter 11: Caché
New York—Another retailer hit by shrinking market share and a turnaround strategy that is taking too long filed for Chapter 11. Caché became the fifth specialty retailer to file for bankruptcy in three...
View ArticleGoing-Out-of-Business Sales Begin at All Caché Stores
New York—Great American Group, a provider of advisory and valuation services, asset disposition and auction solutions, and a subsidiary of B. Riley Financial, Inc., has begun a”going-out-of-business”...
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