Cache (CACH -0.1%) announces that its CEO, Thomas Reinckens, will step down to be replaced by...

|By:, SA News Editor

Cache (CACH -0.1%) announces that its CEO, Thomas Reinckens, will step down to be replaced by Jay Margolis. The new CEO comes on board with a long track record in retail, including a recent stint as the top exec at Limited Brands Apparel Group. Shares of Cache are currently halted.