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Cache Reports 6% Comparable Store Sales Decrease in August 2008

NEW YORK-(Business Wire)-September 4, 2008 - Cache Inc. (NASDAQ: CACH), a specialty chain of women’s apparel stores with 295 stores currently open, reported August 2008 sales figures.

For the four-week period ended August 23, 2008, comparable store sales (sales for stores open at least one year or more) decreased 6%, as compared to an increase of 7% for the four-week period ended August 25, 2007. Total net sales for the four-week August 2008 period ended August 23, 2008 decreased $0.9 million or 5% to $16.3 million, as compared to the same period last year.

For the thirty-four-week period ended August 23, 2008, comparable store sales increased 2%, as compared to an increase of 2% in the thirty-four week period ended August 25, 2007. Total net sales for the thirty-four week fiscal 2008 period increased $5.9 million or 3% to $175 million, as compared to the thirty-four-week fiscal 2007 period.

Thomas Reinckens, Chairman and Chief Executive Officer of Cache, Inc., commented: “August comparable store sales were below our expectations, attributed partly to Tropical Storm Fay, which caused temporary store closings in Florida, one of our largest markets. As we begin September, comparable store sales for the first ten days of the month are positive low single digits, reflecting a favorable response to our fall assortments. We believe we remain well positioned for increased market share, during the fall and holiday seasons.”

During August, the Company opened one Cache store. In early September, the Company closed two Cache Luxe stores. The Company currently has 295 stores open.

About Cache, Inc.

Cache is a nationwide, mall-based specialty retailer of sophisticated, social occasion sportswear and dresses targeting style-conscious women. Cache targets women between the ages of 25 and 45 who have a youthful attitude, are self-confident and fashion-conscious, and require a missy fit. We operate 295 Cache and Cache Luxe stores primarily situated in central locations in high traffic, upscale malls in 43 states, the Virgin Islands and Puerto Rico.

Certain matters discussed within this press release may constitute forward-looking statements within the meaning of the federal securities laws. Although Cache, Inc. believes the statements are based on reasonable assumptions, there can be no assurance that these expectations will be attained. Actual results and timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors, including, without limitation, ability to successfully open new stores, introduction of the Cache Luxe concept, dependence on management, dependence on vendors and distributors, reliance on foreign manufacturers, material weakness in our internal controls, industry trends, merchandise and fashion trends, competition, seasonality and changes in general economic conditions and consumer spending patterns, as well as other risks outlined from time to time in the filings of Cache, Inc. with the Securities and Exchange Commission.

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