reports
Vince Holding Corp. Reports Fourth Quarter and Fiscal Year 2017 Result...
NEW YORK--(BUSINESS WIRE)-- Vince Holding Corp. (NYSE:VNCE), a leading global luxury apparel and accessories brand (“Vince” or the “Company”), today reported unaudited results for the fourth quarter and fiscal year 2017 ended February 3, 2018. In this press release, the Company is presenting its financial results in conformity with U.S. generally accepted accounting principles ("GAAP") as well as on an "adjusted" basis. Adjusted results presented in this press release are non-GAAP financial measures. See "Non-GAAP Fina...
Vince Announces Reporting Date for Fourth Quarter and Fiscal Year 2017...
NEW YORK--(BUSINESS WIRE)-- Vince Holding Corp. (NYSE: VNCE), a leading global luxury apparel and accessories brand, today announced that it plans to report its fourth quarter and fiscal year 2017 financial results post-market on Thursday, April 12, 2018. The Company also plans to hold a conference call to discuss its financial results on the same day at 4:30 p.m. ET. During the conference call, the Company may answer questions concerning business and financial developments, trends and other business or financial matters. The Company'...
Vince Holding Corp. Provides Unaudited Preliminary Sales Results for F...
NEW YORK--(BUSINESS WIRE)-- Vince Holding Corp. (NYSE: VNCE), a leading global luxury apparel and accessories brand (“Vince” or the “Company”), today announced unaudited preliminary sales results for the fourth quarter ended February 3, 2018. For the quarter, net sales increased approximately 14.0% to $73.0 million, excluding an estimated $1.5 million from the 14th week, compared to $63.9 million in the fourth quarter of fiscal 2016. Direct-to-consumer segment sales increased approximately 17.5% to $34.5 million as compared to the sam...
Vince Holding Corp. Provides Holiday Sales Performance Update
NEW YORK--(BUSINESS WIRE)-- Vince Holding Corp. (NYSE: VNCE), a leading global luxury apparel and accessories brand (“Vince” or the “Company”), today announced that the Company’s full-price stores and eCommerce business combined delivered a comparable sales increase of 15.9% for the nine-week period ended December 30, 2017. Total direct-to-consumer comparable sales, inclusive of Company-owned outlets, increased 8.8% for the nine-week period. In addition, merchandise margin for the direct-to-consumer segment slightly increased as compa...
Vince Holding Corp. Reports Third Quarter 2017 Results
NEW YORK--(BUSINESS WIRE)-- Vince Holding Corp. (NYSE:VNCE), a leading global luxury apparel and accessories brand (“Vince” or the “Company”), today reported unaudited results for the third quarter of fiscal 2017 ended October 28, 2017. Brendan Hoffman, Chief Executive Officer, commented, “We are pleased with our results in the third quarter, which reflected double digit comparable store sales growth in both our full price stores and our eCommerce channel. Customers responded favorably to our recent collections and to enhance...
Vince Announces Reporting Date for Third Quarter 2017 Financial Result...
NEW YORK--(BUSINESS WIRE)-- Vince Holding Corp. (NYSE: VNCE), a leading global luxury apparel and accessories brand, today announced that it plans to report its third quarter 2017 financial results pre-market on Wednesday, December 7, 2017. The Company also plans to hold a conference call to discuss its financial results on the same day at 8:30 a.m. ET. During the conference call, the Company may answer questions concerning business and financial developments, trends and other business or financial matters. The Company's responses to ...
Vince Holding Corp. Announces Completion of its Reverse Stock Split
NEW YORK--(BUSINESS WIRE)-- Vince Holding Corp. (NYSE:VNCE), a leading global luxury apparel and accessories brand (“Vince” or the “Company”), today announced that at the close of business on October 23, 2017, it effected its previously-announced, 1-for-10 reverse stock split (the “Reverse Stock Split”). The Company’s common stock will begin trading on a split-adjusted basis when the market opens on October 24, 2017. Pursuant to the Reverse Stock Split, every 10 shares of Vince’s issued and outstanding common stock were autom...
Vince Holding Corp. Announces Results of Previously Announced Rights O...
NEW YORK--(BUSINESS WIRE)-- Vince Holding Corp. (NYSE:VNCE), a leading global luxury apparel and accessories brand (“Vince” or the “Company”), today announced the results of its previously announced non-transferable rights offering (the “Rights Offering”). The subscription period expired at 5:00 p.m. ET on August 30, 2017. The Company received subscriptions and oversubscriptions from its existing stockholders for a total of approximately 48.8 million shares of its common stock, raising gross proceeds of approximately $22.0 ...
Vince Holding Corp. Reports Second Quarter 2017 Results
NEW YORK--(BUSINESS WIRE)-- Vince Holding Corp. (NYSE:VNCE), a leading global luxury apparel and accessories brand (“Vince” or the “Company”), today reported unaudited results for the second quarter of fiscal 2017 ended July 29, 2017. Brendan Hoffman, Chief Executive Officer, commented, “We were pleased to see the stabilization in net sales during the second quarter, which showed significant sequential improvement versus our first quarter results. In our wholesale business, sales decreased slightly, due to a reduction in inte...
Vince Announces Reporting Date for Second Quarter 2017 Financial Resul...
NEW YORK--(BUSINESS WIRE)-- Vince Holding Corp. (NYSE:VNCE), a leading global luxury apparel and accessories brand, today announced that it plans to report its second quarter 2017 financial results pre-market on Thursday, September 7, 2017. The Company also plans to hold a conference call to discuss its financial results on the same day at 8:30 a.m. ET. During the conference call, the Company may answer questions concerning business and financial developments, trends and other business or financial matters. The Company's responses to ...
Vince Holding Corp. Announces Preliminary Second Quarter 2017 Results
NEW YORK--(BUSINESS WIRE)-- Vince Holding Corp. (NYSE:VNCE), a leading global luxury apparel and accessories brand (“Vince” or the “Company”), today announced preliminary results for the second quarter of fiscal 2017 ended July 29, 2017. The Company expects the following results for the second quarter ended July 29, 2017: Net sales to be between $60 million and $62 million. This compares to net sales of $60.7 million in the second quarter of last year. Loss from operations to be betwe...
Vince Holding Corp. Announces NYSE Acceptance of Business Plan to Rega...
NEW YORK--(BUSINESS WIRE)-- Vince Holding Corp. (NYSE:VNCE), a leading global luxury apparel and accessories brand (“Vince” or the “Company”), today announced that on August 10, 2017, the New York Stock Exchange (“NYSE”) accepted the Company’s business plan for continued listing on the NYSE. Vince’s common stock will continued to be listed on the NYSE, subject to quarterly reviews by the NYSE for the next 18 months to ensure the Company’s continued progress toward the plan. Brendan Hoffman, Chief Executive Officer, commented,...
Vince Holding Corp. Announces Subscription Price for Previously Announ...
NEW YORK--(BUSINESS WIRE)-- Vince Holding Corp. (NYSE:VNCE), a leading global luxury apparel and accessories brand (“Vince” or the “Company”), today announced the subscription price for its previously announced non-transferable rights offering (the “Rights Offering”). Under the terms of the Rights Offering, Vince will distribute at no charge to the holders of its common stock on August 14, 2017 (the “Record Date”), non-transferable rights to purchase up to an aggregate of 66,670,610 new shares of its common stock. Vince will ...
Vince Holding Corp. Files Registration Statement for Proposed Rights O...
NEW YORK--(BUSINESS WIRE)-- Vince Holding Corp. (NYSE:VNCE), a leading global luxury apparel and accessories brand (“Vince” or the “Company”), today announced that it has filed a registration statement on Form S-3, including a preliminary prospectus, with the Securities and Exchange Commission (the “SEC”) for a proposed rights offering to existing stockholders (the “Rights Offering”). Under the proposed Rights Offering, the Company would distribute non-transferrable subscription rights to its existing stockholders as of ...
Vince Holding Corp. Amends Term Loan and Revolving Credit Facility Agr...
NEW YORK--(BUSINESS WIRE)-- Vince Holding Corp. (NYSE:VNCE), a leading global luxury apparel and accessories brand (“Vince” or the “Company”), today announced that it has reached an agreement to amend its Senior Secured Term Loan Facility to waive the consolidated net total leverage ratio covenant requirement through, and including, the first quarter of fiscal 2019. As previously announced, the Company also reached an agreement to amend its Revolving Credit Facility, immediately providing an additional $5 million in borrowing capacity...
DEADLINE ALERT: Brower Piven Alerts Shareholders of Approaching Deadli...
STEVENSON, Md.--(BUSINESS WIRE)-- The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the Eastern District of New York on behalf of purchasers of Vince Holding Corp. (NYSE: VNCE) (“Vince” or the “Company”) securities during the period between December 8, 2016 through April 27, 2017, inclusive (the “Class Period”). Investors who wish to become proactively involved in the litigation have until July 5, 2017 to seek...
- Please Change Name Daniel A Altieri
VINCE, LLC: Update Following Recent Downgrade to Caa2 Negative
CORPORATES CREDIT OPINION 22 June 2017 Update RATINGS Vince, LLC Domicile New York, New York, United States Long Term Rating Caa2 Type LT Corporate Family Ratings Outlook Negative Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Daniel A Altieri 212-553-4701 AVP-Analyst daniel.altie
- Please Change Name Daniel Altieri
Vince Holding Corp. Reports First Quarter 2017 Results
NEW YORK--(BUSINESS WIRE)-- Vince Holding Corp. (NYSE:VNCE), a leading global luxury apparel and accessories brand (“Vince” or the “Company”), today reported unaudited results for the first quarter of fiscal 2017 ended April 29, 2017. Brendan Hoffman, Chief Executive Officer, commented, “Our first quarter results were largely in line with our expectations. As anticipated, our wholesale business was negatively impacted primarily due to the elimination of our summer delivery. We saw sequential improvement in our direct-to-consu...
The Klein Law Firm Reminds Investors of the Commencement of a Class Ac...
NEW YORK--(BUSINESS WIRE)-- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Vince Holding Corp. (NYSE: VNCE) who purchased shares between December 8, 2016 and April 27, 2017. The action, which was filed in the United States District Court for the Eastern District of New York, alleges that the Company violated federal securities laws. In particular, the complaint alleges that throughout the Class Period, defendants made materially false and/or misleading statements and/or ...
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