Vince Holding (VNCE) Holiday Direct-To-Consumer Comparable Sales Increased 8.8%

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Vince Holding Corp. Provides Holiday Sales Performance Update

January 10, 2018 7:30 AM EST

Direct-To-Consumer Comparable Sales Increased 8.8%

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 Companys 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 compared to the same period last year as a result of improved full price sell-through. Wholesale segment shipments... More