×
2 095
Fashion Jobs
SHISEIDO
Bareminerals Account Manager - Hof Bluewater (35 Hours)
Permanent · Dartford
SHISEIDO
Laura Mercier Account Manager - Harvey Nichols, Edinburgh
Permanent · Edinburgh
ESTÉE LAUDER
Origins - Online Trading Manager - Brand Site
Permanent · London
ESTÉE LAUDER
Multi Brand - Multi Brand Business Manager - House of Fraser, Rushden Lakes - 37.5 Hours - Full-Time - Permanent
Permanent · Rushden
ESTÉE LAUDER
Clinique - Consultant - Fenwick, Newcastle - 36 Hours - Full Time - Permanent
Permanent · Newcastle upon Tyne
ESTÉE LAUDER
Clinique - Consultant - Leeds, Trinity - Boots - 26 Hours - Part-Time, Permanent
Permanent · Leeds
ESTÉE LAUDER
Clinique - Consultant - Halifax, Harveys - 15 Hours - Part-Time, Permanent
Permanent · Halifax
ESTÉE LAUDER
Aveda - Account Manager - House of Fraser-White City, London - 30 Hours - Full Time, Permanent
Permanent · London
FOREO
E-Key Account Manager
Permanent · London
FOREO
Marketing Manager
Permanent · London
VF INTERNATIONAL
Warehouse Trainer And Instructor
Permanent · COALVILLE
OUTSIDE THE BOX RECRUITMENT
Account Manager Kidswear
Permanent · LONDON
THE KOOPLES
Regional Manager London
Permanent · LONDON
OUTSIDE THE BOX RECRUITMENT
Digital Marketing And e Commerce Manager
Permanent · LONDON
ESTÉE LAUDER
Estee Lauder - Consumer Campaign Email Marketing Executive
Permanent · London
VF INTERNATIONAL
Warehouse Area Manager
Permanent · COALVILLE
NEW BALANCE
Marketing Director, Emea
Permanent · Warrington
EASTPAK
Credit Controller - French Speaking - Eastpak
Permanent · CALVERTON
THE NORTH FACE
Credit Controller - German Speaking - The North Face
Permanent · CALVERTON
CONFIDENTIAL
Regional Manager London
Permanent · LONDON
ESTÉE LAUDER
la Mer - Business Manager - John Lewis, Cribbs Causeway - 37.5 Hours - Full Time, Permanent
Permanent · Bristol
VF INTERNATIONAL
dc Inventory Control Supervisor
Permanent · COALVILLE
Advertisements
Published
Mar 19, 2015
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Vince announces fourth quarter and fiscal 2014 results

Published
Mar 19, 2015

Vince Holding Corp. on Thursday reported unaudited results for its fourth quarter and fiscal year 2014 ended January 31, 2015. The company saw increases across the board in net sales, gross profit, and net income. 2014 also marked the first year of Vince operating as a publicly trading company.

Vince


Jill Granoff, Chairman and Chief Executive Officer of Vince, commented, "We delivered record sales in 2014, with double-digit increases across all product categories and distribution channels. We are particularly pleased with the exceptional growth in our retail, ecommerce, international and licensing businesses, building a platform for the future."
 
Net sales increased 7.9% for the company from $87.8 million in the previous year to $94.7 million in fourth quarter 2014. Gross profit increased 14% from $40.1 million to $45.8 million. Net income increased to $10.5 million compared to $8.7 million in the previous year.

For the full year, net sales increased 18.1% from $288.2 million to $340.4 million. Wholesale sales increased 13.2% to $259.4 million, direct-to-consumer increased 37.1% to $81 million, and comparable store sales, including e-commerce, increased 12.1%. Gross profit increased 25.4% from $133 million to $166.8 million and adjusted net income due to the IPO and Secondary Offering costs increased 28.4% to $36.1 million.
 
For 2015, Vince Holding Corp. expects to achieve total net sales of between $360 and $370 million, including revenues from 8 to 10 new retail stores and a comparable sales growth inclusive of ecommerce sales in the low double-digit range.

Copyright © 2021 FashionNetwork.com All rights reserved.