User:Larry Hachucka/sandbox

History
Cache was founded in 1975, by Marilyn Rubinson, as a small Brooklyn boutique. Cache claims Rubinson was the first to bring well known fashion designers Muglin, Armani, Versace, to the U.S. Cache originally focused on selling formal dresses to young women, but soon expanded to luxury women's clothing by 1980. Throughout the 80s, and 90s the company expanded their footprint, and became a household name in the women's clothing space.

Downfall
The 300 store expansion was poorly timed for 2008. On top of the shift to more casual clothing, did not do the company well. By 2015, the company had not turned a profit since the turn of the decade. With rising e-commerce sales, and the shopping centers Cache once took place in not doing as well, the company was checking out. On May 15, 2015 they filed for Chapter 11 bankruptcy protection, and announced they would be liquidating all assets. All of Cache's assets were sold off, and you can now visit them online, as their e-commerce brand was bought by Versona.