Vince Holdings’ third quarter gross profit for the quarter rose to 37.2 million dollars or 44.2 percent of net sales, while net income was 1 million dollars or 8 cents per diluted share and adjusted net income was 1.8 million dollars or 15 cents per share. However, the company’s net sales decreased 14.7 percent to 84.1 million dollars driven by...
Dec 7, 2023
Vince Holding is making progress with its plans announced earlier this year to unwind its Rebecca Taylor brand. In a short statement, the US company said it has sold the intellectual property and certain related ancillary assets of Rebecca Taylor to Ramani Group. Vince Holding announced in September it would be exiting its Rebecca Taylor...
Dec 28, 2022
US fashion group Vince Holding Corp has reported a 12.7 percent increase in net sales in the third quarter of the year, but swung to a loss. The group made net sales of 98.6 million dollars in the quarter ended October 29, up from 87.5 million dollars a year earlier. CEO Jack Schwefel said the growth reflected continued growth from its namesake...
Dec 14, 2022
US fashion group Vince Holding Corp has announced plans to exit its Rebecca Taylor business “to focus its resources on the Vince brand”. The company said it is in talks with its lenders to finalize the wind down plan, “which is expected to include selling off its assets and exiting its various business channels”. It comes as the group's...
Sep 14, 2022
US fashion group Vince Holding Corp has reported a 36.2 percent increase in sales in the first quarter of the year as it narrowed its losses. In the three months to April 30, the company posted sales of 78.4 million dollars, up from 57.5 million dollars a year earlier. Sales at the group’s namesake Vince brand increased 34.5 percent to 68.2...
Jun 9, 2022
US fashion group Vince Holding Corp has reported narrowing losses and increasing sales in the fourth quarter and full year ending January 29. In the final quarter of the year, the group’s net sales increased 32.4 percent to 99 million dollars. Sales at the group’s namesake Vince brand increased 25.6 percent to 87.3 million dollars, while at its...
May 2, 2022
US fashion group Vince Holding Corp has reported an increase in sales in the third quarter of the year across its three brands. In the three months to October 30, the group’s net sales increased 26.7 percent to 87.5 million dollars compared to the same period a year earlier. Net sales at the group’s namesake Vince brand increased 27.3 percent to...
Dec 10, 2021
US fashion group Vince Holding Corp has more than doubled sales in the second quarter of the year as its losses narrowed. In the three months to July 31, net sales jumped 112.5 percent to 78.7 million dollars compared to 37 million dollars in the same period a year earlier. The group, which owns brands Vince, Rebecca Taylor, and Parker, also...
Sep 10, 2021
Vince Holding Corp has swung to a loss in the fourth quarter of the year as sales at the New York-based fashion group dropped 28.4 percent. The group, which includes brands Vince, Rebecca Taylor, and Parker, reported sales of 74.8 million dollars in the three months to January 30 2021, compared to 104.4 million dollars a year earlier. Those...
May 3, 2021
Vince Holding Corp, the US fashion group that owns brands Vince, Rebecca Taylor and Parker, has announced the appointment of Jack Schwefel as its new CEO, effective March 29. Schwefel, who will be based at the company’s New York headquarters, succeeds David Stefko who has served as interim CEO since August 28, 2020. Stefko will stay on as...
Mar 9, 2021
Vince Holding Corp. has announced its first major decision for its brands Rebecca Taylor and Parker after acquiring both from Sun Capital in November. The company has appointed Steven Cateron to serve as senior creative director of both labels, effective January 13. He will lead all areas of apparel design and creative services. Rebecca Taylor...
Jan 9, 2020
Vince is expanding its portfolio of contemporary womenswear labels. The New York-based luxury apparel and accessories brand has announced the acquisition of Rebecca Taylor and Parker. Both Rebecca Taylor and Parker were previously owned by Sun Capital, a privately held global investment firm that also has a 75 percent stake in Vince. “We are...
Nov 6, 2019
