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VINCE HOLDING CORP. - VNCE STOCK NEWS

Welcome to our dedicated page for VINCE HOLDING news (Ticker: VNCE), a resource for investors and traders seeking the latest updates and insights on VINCE HOLDING stock.

Vince Holding Corp. (symbol: VNCE) is a renowned fashion brand that has been defining luxury through its minimalist aesthetic since its founding in 2002. Based in Los Angeles, Vince is celebrated for its luxe yarns and intricate detailing, creating a blend of California ease and understated refinement. The company offers a wide range of products, including women’s and men’s apparel, footwear, and handbags. Notable pieces feature lofty cashmere sweaters, soft cotton tees, modern functional outerwear, and relaxed Japanese denim.

Vince operates primarily through three segments: Vince Wholesale, Vince Direct-to-consumer, and the Rebecca Taylor and Parker segment. The Vince Wholesale segment is the primary revenue driver, supplying luxury essentials to various retailers. The Direct-to-consumer segment focuses on selling products directly through its e-commerce website and retail stores. The Rebecca Taylor and Parker segment offers additional fashion lines, contributing to the company’s diverse portfolio.

Vince Holding Corp. has achieved significant milestones recently, expanding its product lines and enhancing its market presence. The brand's commitment to quality and customer satisfaction has solidified its reputation in the luxury fashion industry. The company continues to innovate, with ongoing projects aimed at introducing new collections and enhancing the e-commerce experience.

With a strong financial foundation and strategic partnerships, Vince is well-positioned to maintain its growth trajectory. Investors and customers alike can expect continuous updates on the company's performance, events, and new developments, ensuring they are always informed about the latest from Vince Holding Corp.

News
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Vince Holding Corp. (VNCE) announces CEO Jack Schwefel's resignation and the appointment of David Stefko as Interim CEO. Stefko, a former CFO, brings 30 years of experience to lead the company during the transition. The company remains focused on achieving long-term profitability goals for 2023.
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Vince Holding Corp. (VNCE) to participate in the 26th Annual ICR Conference, with CEO and CFO presenting on January 9, 2024. The presentation will be webcast live and available for online archive on the company's Investor Relation website.
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Vince Holding Corp. (VNCE) reported Q3 Fiscal 2023 Total Company Net Sales of $84.1 Million and Total Company Income from Operations of $2.8 Million. The company announced a Transformation Program targeting $30 million of cost savings over the next three years to offset changes to the cost structure due to royalty fees incurred with the Authentic Brands Group partnership. Vince Holding Corp. delivered income from operations of $33.3 million for the nine-months ended October 28, 2023, compared to a loss from operations of $19.9 million in the prior year.
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Vince Holding Corp. (VNCE) to present at Sidoti Small Cap Conference on December 7, 2023
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Vince Holding Corp. (VNCE) appoints John Szczepanski as Chief Financial Officer effective January 2, 2024. Szczepanski brings over 20 years of finance and supply chain leadership experience from Ralph Lauren and other corporations. The company also announces the resignation of Michael Hand, the Interim CFO.
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Vince Holding Corp. (VNCE) plans to report Q3 2023 financial results on December 6, 2023. The company will hold a conference call at 8:30 a.m. ET on the same day. Participants can join by dialing 833-470-1428, conference ID 193580, or by accessing the call online at http://investors.vince.com/. A recording will be available for 12 months after the event.
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Vince Holding Corp. (NYSE: VNCE) has announced a transformation program aimed at driving enhanced profitability. The program is expected to generate over $30 million in savings over the next three years. In their preliminary third quarter 2023 business update, the company expects net sales of $81 million to $83 million, gross margin expansion compared to the third quarter 2022, and income from operations of $0 million to $2 million. Total borrowings under the company's debt agreements are expected to be $58 million at the end of the third quarter of fiscal 2023.
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Vince Holding Corp. reports Q2 2023 financial results. Net sales decreased by 22.1% to $69.4 million compared to the same period last year. Income from operations was $32.9 million compared to a loss of $5.2 million last year. Net income was $29.5 million or $2.36 per diluted share compared to a net loss of $15.0 million or $(1.23) per share last year.
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Vince Holding Corp. to report Q2 2023 financial results on September 12, 2023
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FAQ

What is the current stock price of VINCE HOLDING (VNCE)?

The current stock price of VINCE HOLDING (VNCE) is $1.72 as of November 18, 2024.

What is the market cap of VINCE HOLDING (VNCE)?

The market cap of VINCE HOLDING (VNCE) is approximately 21.6M.

What does Vince Holding Corp. specialize in?

Vince Holding Corp. specializes in luxury apparel, footwear, and handbags for both women and men, focusing on minimalist and refined designs.

When was Vince Holding Corp. founded?

Vince Holding Corp. was founded in 2002.

Where is Vince Holding Corp. headquartered?

Vince Holding Corp. is headquartered in Los Angeles, California.

What are the main segments of Vince Holding Corp.?

The main segments are Vince Wholesale, Vince Direct-to-consumer, and the Rebecca Taylor and Parker segment.

How does Vince Holding Corp. generate most of its revenue?

Most of the company's revenue is generated from the Vince Wholesale segment.

What types of products does Vince offer?

Vince offers a variety of products including cashmere sweaters, cotton tees, functional outerwear, denim, and more.

Where can customers buy Vince products?

Customers can buy Vince products through the company's e-commerce website and retail stores.

What recent achievements has Vince Holding Corp. accomplished?

Recently, Vince has expanded its product lines and enhanced its market presence, focusing on innovation and customer satisfaction.

What makes Vince Holding Corp. unique in the fashion industry?

Vince is known for its minimalist aesthetic and luxurious materials, blending California ease with refined detailing.

Is Vince Holding Corp. involved in any strategic partnerships?

Yes, the company has strategic partnerships that support its growth and market position.

VINCE HOLDING CORP.

NYSE:VNCE

VNCE Rankings

VNCE Stock Data

21.55M
3.36M
5.93%
82.81%
0.22%
Apparel Manufacturing
Retail-apparel & Accessory Stores
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United States of America
NEW YORK