Vince Holding Corp., a global retail platform, announced a 5.3% increase in total net sales for the nine-week holiday period.
Direct-to-Consumer segment led the growth with a 9.7% increase.
Wholesale segment sales experienced a 2.7% decrease compared to the prior year period.
Holiday Sales Increase
Total company net sales grew by 5.3% compared to the prior year period.
Direct-to-Consumer Segment Growth
Direct-to-Consumer segment sales increased by 9.7% compared to the prior year period.
Wholesale Segment Performance
Wholesale segment sales decreased by 2.7% compared to the prior year period.
Guidance Confirmation
Total company net sales and key financial metrics trended in line with prior guidance for the fourth quarter and full year fiscal 2025.
- The direct-to-consumer segment's exceptional results showcase the success of strategic investments in customer experience and e-commerce capabilities.
- Balanced strategic pricing changes, promotional activities, and cost management demonstrate the strength of Vince Holding Corp.'s business model.
Vince Holding Corp.'s holiday sales performance positions the company for long-term profitable growth, backed by consistent execution of strategic priorities and strong financial guidance.