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Cache Inc: The Next Specialty Retailer To Bite The Dust
2014-11-13 17:49:46| Apparel - Topix.net
Like other mall-based specialty retailers, CACH has suffered from lower mall traffic, extreme discounting, and inability to distinguish product from cheaper fast-fashion players. Despite two equity recapitalizations in the last couple of years, CACH's liquidity position is precarious, with little headroom in its revolver and significant ongoing cash burn.
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Category:Consumer Goods and Services