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Cache profit, sales rise in Q2


New York City -- Women’s apparel retailer Cache reported Thursday that net income for the quarter ended July 2 rose to $2.8 million, compared with $897,000 in the year-ago period.

Net sales increased 6.5% to $60.3 million and same-store sales increased 6%.

For fiscal 2011, the retailer said it has no new store openings planned, but will close two stores.

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