Vince Holding Corp reported second quarter net sales of $74.2 million, a 6.8 per cent increase from the previous year, driven by strong wholesale performance.
Gross profit increased to $35.1 million, representing 47.4 per cent of net sales.
However, direct-to-consumer sales fell by 18.1 per cent.
The company anticipates flat to low single-digit sales declines for Q3 of FY24.
Gross profit increased to $35.1 million, representing 47.4 per cent of net sales.
However, direct-to-consumer sales fell by 18.1 per cent.
The company anticipates flat to low single-digit sales declines for Q3 of FY24.
