Sector: Consumer Cyclicals | Industry: Apparel & Accessories Retailers |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 500 FIFTH AVENUE, 20TH FLOOR NEW YORK NY 10110 |
Tel: | 1-646-2771274 |
Website: | https://investors.vince.com |
IR: | See website |
Key People | ||
David Stefko Interim Chief Executive Officer, Director | John Szczepanski Chief Financial Officer | Akiko Okuma Senior Vice President, General Counsel, Secretary |
Marie Fogel Senior Vice President, Chief Merchandising and Manufacturing Officer | Lee Meiner Senior Vice President, Chief People Officer |
Business Overview |
Vince Holding Corp. is a global contemporary retailer. The Company operates through three segments: Vince Wholesale, Vince Direct-to-consumer and Rebecca Taylor and Parker. The Vince Wholesale segment consists of its operations to distribute Vince brand products to department stores and specialty stores in the United States (U.S.) and select international markets. The Vince Direct-to-consumer segment consists of its operations to distribute Vince brand products directly to the consumer through its Vince-branded full-price specialty retail and outlet stores, e-commerce platform and its subscription business Vince Unfold. Rebecca Taylor and Parker segment consists of its operations to distribute Rebecca Taylor and Parker brand products to department and specialty stores in the U.S. and select international markets, directly to the consumer through their own branded e-commerce platforms, and Rebecca Taylor retail and outlet stores, and through its subscription service Rebecca Taylor RNTD. |
Financial Overview |
For the 39 weeks ended 28 October 2023, Vince Holding Corp revenues decreased 18% to $217.6M. Net income applicable to common stockholders totaled $30.1M vs. loss of $27.4M. Revenues reflect Vince Wholesale segment decrease of 36% to $86.2M, Vince Direct-to-consumer segment decrease of 35% to $67.2M, Online Sales - Direct-to-consumer decrease of 5% to $98.7M. |
Employees: | 599 as of Jan 28, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $93.59M as of Oct 28, 2023 |
Annual revenue (TTM): | $308.89M as of Oct 28, 2023 |
EBITDA (TTM): | $0.56M as of Oct 28, 2023 |
Net annual income (TTM): | $19.16M as of Oct 28, 2023 |
Free cash flow (TTM): | -$5.10M as of Oct 28, 2023 |
Net Debt Last Fiscal Year: | $56.71M as of Oct 28, 2023 |
Shares outstanding: | 12,502,747 as of Nov 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |