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Vince Holding Corp news and archive

BusinessMember

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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BusinessFeaturedMember

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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