Vince Holding Corp.’s expects its fourth-quarter profits to meet or exceed analysts’ consensus estimates after posting a 20.5 percent increase in fourth-quarter sales.
The New York-based contemporary fashion brand, which went public in November, generated sales of $87.8 million in the 13 weeks ended Feb. 1, up from $72.8 million during the 14-week year-ago period. Comparable-store sales were up 12.2 percent, the company said, marking its 17th consecutive quarter of comp growth.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)