Market Capitalization (Millions $) |
42 |
Shares
Outstanding (Millions) |
13 |
Employees |
920 |
Revenues (TTM) (Millions $) |
308 |
Net Income (TTM) (Millions $) |
19 |
Cash Flow (TTM) (Millions $) |
1 |
Capital Exp. (TTM) (Millions $) |
2 |
Vince Holding Corp
Vince Holding Corp is a publicly traded fashion company that was initially formed in 2002 by Rea Laccone and Christopher LaPolice as a contemporary fashion brand. The company went public in November 2013 with an IPO on the NYSE. Currently headquartered in New York, the company is involved in the design and marketing of a range of luxury apparel and accessories primarily targeting the affluent and fashion-conscious consumers. It is known for its use of premium materials and simplistic elegance.
Vince Holding Corp operates through three business segments which include the Wholesale segment, Retail segment, and Direct-to-consumer segment. The Wholesale segment consists of sales of Vince products to luxury specialty retailers and department stores in the US and other countries globally. The Retail segment comprises sales of Vince products through the company's brick-and-mortar retail stores and its e-commerce website, Vince.com. The Direct-to-consumer segment includes sales through the company's e-commerce website, Vince.com.
The company's primary focus is on the design, production and sale of clothing, footwear, and accessories for both men and women. The brand primarily caters to the contemporary market segment, offering high-end and sophisticated clothing, footwear, and accessories to a discerning clientele. The products manufactured by Vince typically incorporate clean lines, muted color palettes, and simple yet elegant designs which are inspired by classic wardrobe staples.
Vince Holdings Corp has a wide range of products that include jackets, blouses, pants, skirts, sweaters, dresses, footwear, and accessories like handbags, scarves, hats, belts, and jewelry. The company's products are marketed as high-end luxury items and have been featured in major fashion publications and runways globally. In 2018, Vince generated a net sales revenue of 258.1 million USD.
Vince Holdings Corp prides itself on its corporate social responsibility initiatives, and the company has adopted a range of ethical and sustainable practices across its supply chain to ensure responsible sourcing and production. These initiatives include the use of sustainable materials like Tencel and recycled fibers, the reduction of water consumption in the manufacturing process and a commitment to fair labor practices.
In summary, Vince Holding Corp is a luxury fashion brand known for its timeless yet contemporary designs for men and women. The company operates through three segments, Wholesale, Retail, and Direct-to-consumer, and has a wide range of products including clothing, footwear, and accessories. Vince is committed to responsible sourcing and production, and its products appeal to consumers who value sustainable and ethical fashion.
Company Address: 500 5th Avenue New York 10110 NY
Company Phone Number: 944-2600 Stock Exchange / Ticker: NYSE VNCE
VNCE is expected to report next financial results on April 27, 2024. |
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