Home / Knowledge / News / Fashion / Cache to raise current share repurchase program
Cache to raise current share repurchase program
08
Jan '08
Cache Inc announced that its Board of Directors has approved a new share repurchase program. This new program increases the Company's current stock repurchase authorization to 3.0 million shares from 2.0 million shares previously, representing a reduction of 18% of the current common stock outstanding at September 29, 2007.

The Company plans to execute this program through the open market or in privately negotiated transactions, in accordance with SEC requirements. As of September 29, 2007, the Company had 16,309,358 shares of common stock outstanding.

Mr. Brian Woolf, Cache's Chairman and Chief Executive Officer commented: “We believe the board's decision to increase our current share repurchase program is a strong testament to the strength of our business model and our ability to create value for shareholders.

We continue to believe Cache is a unique investment opportunity through our ability to offer complete wardrobe needs for fashion conscious women who require a missy fit. This along with targeted marketing and the benefits of our vertical integration stemming from the acquisition of Adrienne Victoria Designs has us poised for sustained long term growth.”

Cache Inc


Must ReadView All

Courtesy: Aditya Birla

Textiles | On 20th Jun 2018

'Growth of VSF yarn industry is difficult'

Growth for the viscose filament yarn (VSF) yarn industry is...

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Apparel/Garments | On 20th Jun 2018

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Italian company Eurojersey Spa will present in 2019 new embossing...

Courtesy: Coolvision

Textiles | On 20th Jun 2018

FiberVisions to show new range of CoolVisions fibre at OR

FiberVisions, an Indorama Ventures company, is set to present a new...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search