Cache Same-Store Sales Fall 1% in April

New York Cache Inc. on Wednesday said same-store sales fell 1% in April as weak dress sales were offset by strong sportswear sales.

For the 17-week year-to-date period, same-store sales rose 2%.

Total sales year-to-date rose 4% to $94.9 million, Cache said.

"Our April sales performance included double-digit same-store sales gains in sportswear, offset by difficult sales in long special-occasion dresses," said Thomas Reinckens, chairman and CEO, in a statement. "We expect positive low single-digit comparable-store sales in May and June given the strength of our sportswear business and its increasing importance to our total business."

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