Cache Announces Executive Appointment
Rabia Farhang Named Executive Vice President, General Merchandise Manager
NEW YORK--(BUSINESS WIRE)-- Cache Inc., (NASDAQ: CACH), a specialty chain of women's apparel stores, today announced that Rabia Farhang has joined the Company as Executive Vice President, General Merchandise Manager.
Thomas Reinckens, Chairman and Chief Executive Officer, commented: "We are very excited to have Rabia join Cache as EVP and General Merchandise Manager. Her proven ability at White House Black Market and extensive knowledge of the Cache customer are expected to be invaluable as we further develop our brand and product assortments to appeal to a broader customer base. We are confident that Rabia possesses the leadership skills and talent to assist us to achieve our goals in our ongoing effort to create long term value for our shareholders."
Ms. Farhang is a talented merchant with over 25 years experience in the retail industry. Most recently, she held the position of Vice President, Merchandising for White House Black Market. During her 12-year tenure at White House Black Market, a division of Chico's FAS, Inc., she successfully led merchant teams in Sportswear as well as Dresses and Accessories.
"I am delighted to join Cache," said Rabia Farhang. "The Cache brand has so much potential and I am proud to become a part of the management team and participate in taking the Cache brand to a new, exciting level of growth."
About Cache, Inc.
Cache is a nationwide, mall-based specialty retailer of sophisticated sportswear and social occasion dresses targeting style-conscious women who have a youthful attitude and are self-confident. We currently operate 289 stores, primarily situated in central locations in high traffic, upscale malls in 43 states, the Virgin Islands and Puerto Rico.
Certain matters discussed within this press release may constitute forward-looking statements within the meaning of the federal securities laws. Although Cache, Inc. believes the statements are based on reasonable assumptions, there can be no assurance that these expectations will be attained. Actual results and timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors, including, without limitation, ability to successfully open new stores, introduction of the Cache Luxe concept, dependence on management, dependence on vendors and distributors, reliance on foreign manufacturers, material weakness in our internal controls, industry trends, merchandise and fashion trends, competition, seasonality and changes in general economic conditions and consumer spending patterns, as well as other risks outlined from time to time in the filings of Cache, Inc. with the Securities and Exchange Commission.
Source: Cache Inc.
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