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Cache Announces Executive Appointment

  Cache Announces Executive Appointment

   Arnold P. Cohen Named Executive Vice President, Chief Marketing Officer

Business Wire

NEW YORK -- April 29, 2013

Cache Inc., (NASDAQ: CACH), a specialty chain of women’s apparel stores, today
announced that Arnold (“Arnie”) P. Cohen has joined the Company as Executive
Vice President, Chief Marketing Officer.

Mr. Cohen joins Cache with over 30 years experience working with many iconic
brands in management, creative, and brand building roles. These brands include
J. Crew, Gucci USA, American Eagle Outfitters, Taryn Rose and DSW among
others. As an active entrepreneur and investor, Arnie has been at the
forefront of digital generation in web, ecommerce and social media. He is the
founder and managing director of Raspberry Red, a consulting firm, focused on
digital strategies and web marketing, assisting small and mid-sized companies
with branding, merchandising, operations, finance and ecommerce. He also
developed an early internet/physical store concept Lyte backed by Western
Development, AT&T, and EDS. For the past eight years, Arnie has been
associated with American Eagle Outfitters as an executive and consultant
leading the first mobile concept, creating the original concept that became
Martin and Osa, as well as the “back on campus” initiative with a rollout to
50 colleges, including a strong social digital element.

Earlier in his career, Arnie created and directed all aspects of the store
concept as the first employee of J.Crew. In addition to directing J.Crew’s
store strategy, as President and COO, he led international development with
licensing partnerships in Japan and France, as well as the opening of its
direct sourcing office in Singapore. Revenue grew four times during his tenure
and he built a team of Executives and Managers who have gone on to be true
industry leaders.

Jay Margolis, Chairman and Chief Executive Officer, commented “We are so
pleased to have Arnie join our senior management team. His love of brand,
brand positioning, taste, style, energy and overall marketing genius will be a
huge addition to our team. Aligning marketing and online under one team with a
clear omni-channel approach is an important step in reaching our long term
goals.”

Arnie Cohen, Executive Vice President and Chief Marketing Officer stated, “I
am excited to join Jay and his team and take part in restoring the luster of
Cache. I believe the scale and platform are just the right size to build upon
and see significant potential for growth fueled by Jay’s vision to capitalize
on Cache’s distinctive positioning and strong brand awareness with a customer
proposition that is not currently served.”

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. The Company currently
operates 249 stores, primarily situated in central locations in high traffic,
upscale malls in 41 states, the Virgin Islands and Puerto Rico.

Forward-Looking Statements and Other Information

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, satisfaction of the
conditions relating to the rights offering, industry trends, merchandise and
fashion trends, competition, seasonality and changes in general economic
conditions and consumer spending patterns, reliance on foreign manufacturers,
dependence on management, dependence on vendors and distributors, material
weakness in our internal controls, as well as other risks outlined from time
to time in the filings of Cache, Inc. with the Securities and Exchange
Commission.

Contact:

Cache, Inc.
Maggie Feeney, 212-575-3206
Executive Vice President and
Chief Financial Officer
or
Investor Relations:
ICR, Inc.
Allison Malkin/Rachel Schacter
203-682-8225 / 646-277-1243
 
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