NEW YORK--Cache Inc., a chain of upscale women's apparel stores, reported pretax earnings for the quarter ended April 1 increased 17 percent to $762,000, from $648,000 a year ago. Net income decreased 26 percent to $481,000 from $654,000, reflecting taxes of $281,000 this year versus a tax benefit of $6,000 a year ago. Operating income for the quarter increased 21 percent to $863,000 from $708,000. The company's sales increased 25 percent to $26 million from $20.7 million, and same-store sales also increased by 9 percent. Cache operates 139 stores.
Alberta Ferretti's "Rainbow Week" sweaters are back. The designer closed her #MFW show with a few day-of-the-week sweaters, which first debuted on the catwalk last January as part of the pre-fall 2017 collection. #wwdfashion (📷: @delphineachard)