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Women's clothing retailer Cache files for bankruptcy
2015-02-04 14:47:27| Apparel - Topix.net
Women's clothing retailer Cache has filed for Chapter 11 bankruptcy protection after running out of time and money to complete a turnaround. The New York company said Wednesday that it will keep running its business, but it also will continue to close stores and sell or renegotiate some of its leases.
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Cache considers acquisition offer
2014-12-04 10:48:00| Daily apparel & textile news and comment - from just-style.com
US women's wear retailer Caché has said it is considering an offer from a third party regarding a potential sale of the company.
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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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Cache Q3 loss widens as sales drop
2014-11-11 14:11:00| Daily apparel & textile news and comment - from just-style.com
US women's wear retailer Caché has seen its third-quarter loss widen as net sales continued to fall.
Two years after fetching $1 billion debt-ridden Grande Cache Coal unloaded for $2
2014-10-02 09:45:51| Grocery - Topix.net
Two Asian firms that paid $1 billion to purchase Calgary-based Grande Cache Coal Corp. in 2011 are unloading most of it for $2 US to a new owner that will assume its debt. Chinese coal producer Up Energy Development Group Ltd. said Wednesday it has entered memorandums of understanding with Hong Kong-based Winsway Enterprises Holdings Ltd. and Tokyo-based Marubeni Corp. to acquire much of their interests in Grande Cache Coal, which produces steelmaking coal for export into Asian markets.
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