Vince Holding Corp news and archive

Vince Holding posts strong Q3 performance and reveals positive outlook

Vince Holding Corp. reported robust financial results for the third quarter ended November 1, 2025, with total company net sales climbing 6.2 percent to 85.1 million dollars compared to the same period last year. This growth was widespread, fueled by a 6.7 percent increase in the wholesale segment and a 5.5 percent increase in the...

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Vince Holding Corp. to transfer stock listing from NYSE to Nasdaq

Vince Holding Corp., a global contemporary retailer, has announced its voluntary decision to transfer its U.S. stock exchange listing from the New York Stock Exchange (NYSE) to The Nasdaq Stock Market LLC (Nasdaq). The company anticipates that its common stock will cease trading on the NYSE on or around October 20, 2025, and will begin trading...

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Vince Q2 sales drop, diversifies sourcing to reduce tariff exposure

Vince Holding Corp., a global contemporary retailer, reported its financial results for the second quarter, which ended on August 2, 2025. Despite a slight overall decrease in net sales, the company's direct-to-consumer segment showed strong growth, and its gross margin saw an improvement. Despite the macroeconomic uncertainty, the company's...

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Vince to remain listed on NYSE after compliance plan approval

Vince Holding Corp. has announced that the New York Stock Exchange (NYSE) has accepted its plan to remain listed on the stock exchange. The company, which had been notified on May 6, 2025, that it was not in compliance with listing standards, can now continue its listing. The non-compliance was due to its average market capitalisation and...

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Vince Q4 net sales increase 6.2 percent, wholesale drives growth

American luxury apparel and accessories retailer Vince Holding reported improved profitability and gross margin in its fourth quarter and fiscal year ended February 1, 2025, despite continued softness in its direct-to-consumer (DTC) segment. In the fourth quarter, the company posted net sales of 80 million dollars, marking a 6.2 percent increase...

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P180 acquires majority stake in Vince, Hoffman to return as CEO

P180, a venture focused on accelerating growth and profitability in the luxury apparel sector, has acquired a majority stake in Vince Holding from Sun Capital. In conjunction with acquisition, Vince said in a release, P180 co-founder Brendan Hoffman is expected to assume the role of chief executive officer of VNCE around February 3, 2025. With...

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Vince Holding: Sales decline but profit improves

For the third quarter, Vince Holding net sales decreased 4.7 percent to 80.2 million dollars driven by an 8.3 percent decrease in Vince brand direct-to-consumer sales and a 2.2 percent decrease in Vince brand wholesale sales. The company’s net income increased to 4.3 million dollars or 34 cents per diluted share, while adjusted net income was...

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Vince Holding posts Q2 net sales growth of 6.8 percent

Vince Holding’s net sales increased 6.8 percent to 74.2 million dollars driven by a 7 percent increase in Vince brand sales due to a 29.6 percent increase in the wholesale channel. The company said in a release that the growth in the wholesale channel more than offset the 18.1 percent decline in the direct-to-consumer channel which continued to...

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Vince Q1 net sales drop but profitability improves

Vince Holding Corp. reported a first quarter net sales decrease of 7.6 percent to 59.2 million dollars driven by a 7.5 percent decrease in Vince brand sales and the pullback in the off-price business within the wholesale channel. The company said in a release that gross margin improved 440 basis points, gross profit rose to 29.9 million dollars...

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Vince Holding is back in the black during 'transformation year'

US clothing supplier Vince Holding Corp. has returned to profitability in the 2023/24 financial year despite a significant drop in sales. The group "took the right steps" in a "year of transformation", explained interim CEO David Stefko in a statement published on Tuesday. The company had indeed made drastic changes to its business model: the...

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Vince swings to profit in Q3

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...

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Vince announces transformation plan to boost profitability

Vince Holding Corp. has announced a transformation program focused on driving enhanced profitability through an improved gross margin profile and optimised expense structure. The company said that the transformation efforts are expected to generate over 30 million dollars in savings over the next three years and the efforts will be led by...