NEW YORK, Jan. 20, 2015 /PRNewswire/ -- Consumer spending on apparel is forecasted to grow at an annual compounded rate of 3% between 2014 and 2018. According to Moody's Investors, apparel companies operating income growth is set to accelerate again in 2015, as lower input costs and investments in direct-to-consumer sales channels pay off. This has raised the forecast for 2015 operating income growth, to 7%-9%.
In the Apparel Stores industry, Cache is recognized as a true expert at dressing women. Its boutiques are located in the prestigious center court of most malls and as a result, it enjoys extremely high/positive brand awareness from women of all ages.
Cache Inc. (NSD: CACH) is a nationwide, mall-based and online woman's specialty retailer of apparel and accessories. It offers a boutique shopping experience for stylish and fashion-conscious women with a product line consisting of elegant evening wear, event and day dresses, casual sportswear and accessories, primarily sold under the Cache brand- everything to meet the events and lifestyle needs in a woman's life.
An analyst brief which includes a technical analysis and analyst recommendation can be viewed in its entirety by using the link below. There is no cost obligation required to view this report:
Copy and paste to browser may be required.
This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward- looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.
Not Financial Advice
BrokerBank Securities, Inc. make no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
Content is researched, written and reviewed on a best-effort basis by a 3rd party research analyst. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. We do not engage in high frequency trading.
A full disclaimer can be found by viewing the analyst report.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.
SOURCE BrokerBank Securities, Inc.