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Vince Holding Corp posts drop in Q4 sales as losses widen

US fashion group Vince Holding Corp has reported a 7.8 percent drop in sales in the fourth quarter as its losses widened. It comes the same day Authentic Brands Group (ABG) announced it entered into a definitive agreement to acquire the intellectual property of the Vince brand. Vince Holding Corp said Monday it made sales of 91.3 million dollars...

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