If you've ever had the opportunity to wear Cache fashion, you're going to LOVE the Cache Luxe brand. It was launched in 2006 when Cache closed its Lillie Rubin stores. Keep your eyes peeled for more from Cache and Cache Luxe.
is in! It's a luxurious concept from Cache ... Say hello to luxury and say hello to Cache Luxe!
Image Credit: Graphic of Cache Luxe statement prepared by JaguarJulie.
More about the company behind the brand!
Hoover Profile:
NY Tel. 212-575-3200 | Toll Free 800-788-2224 | Fax 212-944-2842
Type: Public
On the web: http://www.cache.com
Employees: 2,860 | Employee growth: 5.9%
Caché sells fashions that bring cachet to the soirée. The upscale women’s apparel retailer owns and operates nearly 300 specialty stores in malls in 44 US states, Puerto Rico, and the US Virgin Islands under the Caché and Caché Luxe banners, as well as an online shopping site. Sportswear, including casual wear, collections, and separates, accounts for nearly two-thirds of apparel sales.
It closed all of its Lillie Rubin shops in 2006 and launched a new format — Caché Luxe.
The firm buys its merchandise primarily from domestic suppliers, but it has begun to source more overseas. Director Andrew Saul and his family own nearly 19% of the company. Caché acquired Adrienne Victoria Designs in July 2007.
Key numbers for fiscal year ending December, 2006:
Sales: $279.0M | One year growth: 4.7% | Net income: $8.3M | Income growth: (38.3%)
Officers: Chairman and CEO: Brian P. Woolf; President and COO: Thomas E. Reinckens; EVP Finance and CFO: Margaret Feeney
Competitors: Ann Taylor, Macy’s, Neiman Marcus
Dow Jones MarketWatch
The Company’s Cache and Lillie Rubin lines extend from elegant eveningwear to its day-into-evening sportswear, which encompasses a variety of tops, bottoms and dresses versatile enough to be worn during the day or evening.
The Company operates 267 Cache and 39 Lillie Rubin stores primarily situated in central locations in high traffic, upscale malls throughout the United States. The Company’s merchandising focuses on providing a selection of sportswear and dresses extending from eveningwear to day-into-evening sportswear.
The Company also maintains a key item strategy, providing some popular and core items for longer periods to meet ongoing customer demand. The Company designs and markets three general categories of merchandise:
- Sportswear consists of related tops and bottoms, versatile enough to be worn during the day or out for evening affairs.
- Dresses range from special occasion long dresses to shorter lengths for cocktail and day-into-evening wear.
- Accessories consist of jewelry, belts and handbags intended to complement its sportswear and dress selections. The Company’s apparel design and merchandising are organized around the spring and fall seasons.
They say that luxury is relative in society at many levels. Learn more about the nuances in The Lure of Luxe: Climbing the Luxury Consumption Pyramid.
Upgrading socioeconomic status is commonplace, mostly in emerging markets.
In the nineteenth century, self-appointed tastemaker of New York society Ward McAllister claimed that four generations were necessary to breed a gentleman.
Today, due to rapid wealth creation and accumulation, the digital revolution, and the relative ease and affordability of travel, the process of developing a level of taste that is deemed acceptable by high society has been sped up dramatically.
Do you love the brand of Cache?
Heard about Cache Luxe yet? Own any? If you are looking for some really fabulous evening dresses, consider the Cache brand. I'd recommend searching on eBay as I've found many of my Cache dresses there.
History: Cache Luxe : Luxury Fashions was originally created on Squidoo by JaguarJulie on December 14, 2007. Highest lensrank ever achieved: #3,792 overall. Lens #202 in the quest for Giant Squid 300 Club.
