VNCE News & Events

Vince Holding announced sales for the nine-week holiday period ended January 3. Brendan Hoffman, CEO of Vince commented, "Our direct-to-consumer segment continues to deliver exceptional results, building on the strong momentum from our strategic investments in customer experience enhancements and e-commerce capabilities. Within wholesale, we have continued to see strong performance at the register with key partners helping to offset disruption in receipt flow with Saks Global given current dynamics. This overall performance, combined with our disciplined approach to balancing strategic pricing changes, promotional activity, and cost management, demonstrates the strength of our business model. As we look ahead, we will continue to execute and deliver on our strategic priorities that we believe will position us well for long-term profitable growth."

Sees FY25 adjusted EBITDA 4%-5% of net sales. Sees FY25 adjusted operating income 2%-3% of net sales. The company said, "The above guidance for the fourth quarter of fiscal 2025 assumes $4 million to $5 million in expected incremental tariff costs, of which the Company expects to continue to partially offset through its mitigation strategies."

Sees Q4 adjusted EBITDA 2%-4% of net sales. Sees Q4 adjusted operating income 0%-2% of net sales. The company said, "The above guidance for the fourth quarter of fiscal 2025 assumes $4 million to $5 million in expected incremental tariff costs, of which the Company expects to continue to partially offset through its mitigation strategies."