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Vince Q1 2025: Sales decline, focus on supply chain diversification

American luxury apparel retailer Vince Holding's results for the first quarter ended May 3, 2025, highlighted the company's swift actions in response to a challenging and uncertain economic landscape. For the first quarter of fiscal 2025, total company net sales decreased by 2.1 percent to 57.9 million dollars. This decline was primarily...

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Business

Vince Holding: Sales decline but profit improves

For the third quarter, Vince Holding net sales decreased 4.7 percent to 80.2 million dollars driven by an 8.3 percent decrease in Vince brand direct-to-consumer sales and a 2.2 percent decrease in Vince brand wholesale sales. The company’s net income increased to 4.3 million dollars or 34 cents per diluted share, while adjusted net income was...

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