Vince Holding Corp. said comparable sales for the nine-week period ended Dec. 30, rose 8.8 percent.At full-price stores and ecommerce, combined comparable sales rose 15.9 percent for the holiday period, the company said."We were thrilled with our holiday sales performance which continued the strong trends that we saw towards the end of the third quarter," said chief executive officer Brendan Hoffman. "The new product is resonating with our customers and driving double digit comparable sales growth in our full price direct to consumer channels. We were also pleased with improved sell-through at our wholesale partners which bodes well for 2018 performance."Vince is the latest retailer to report stronger-than-expected holiday sales gains. As reported, Nordstrom Inc. weighed in with a 1.2 percent gain in comp sales for the combined November and December period, reflecting improvement in the company’s full-line and Nordstrom Rack stores, as well as growth in its e-commerce business.The department store also pegged its full-year earnings per diluted share at $2.90 to $2.95, the high-end of its prior guidance calling for profits of $2.85 to $2.95.Vince and Nordstrom joined the likes of Kohl's Corp. and Target Corp. that over the last few days have released strong sales data.Despite talk of growth, investors remain on guard. On Tuesday, shares of Kohl’s inched up 0.2 percent to $57.02, having risen 4.7 percent on Monday on word of holiday growth, while American Eagle slipped 3.2 percent to $17.38 and G-III decreased 2.5 percent to $38.87. Shares of Nordstrom were flat at 47.89 in after-hours trading, having slipped 0.8 percent in regular trading.
Supermodel @helenachristensen teamed up with longtime friend and designer @camillastaerk on a joint @paredeyewear collaboration. The lineup features three styles and 11 offerings, all of which embody a vintage feel. Get all the details on how they celebrated the collab on WWD.com. #wwdaccessories #wwdeye (📷: @slovekinpics)
“It’s a hard industry to keep motivated, as well, so finding different subjects and people is what makes it worth it – when you’re like, oh, I’ve met great people, I feel like I’ve done something good, and I feel proud of having done this,” said French actress Stacy Martin on being grateful for the variety of roles she’s take on. Read @ktauer’s full interview with Martin on her her latest film “Godard Mon Amour.” #wwdeye (📷: @danieldorsa)
After showing in front of the Eiffel Tower for his last two women’s ready-to-wear collection, it looks like @anthonyvaccarello may be heading to the Big Apple. Sources say the designer will stage his next @ysl show in NYC on June 6. Get all the details on WWD.com. #wwdnews #wwdfashion (📷: @aitorrosasphoto)
EXCLUSIVE: Two and half months after John Targon, cofounder and codesigner of Baja East, was hired as creative director of the contemporary division at Marc Jacobs, he has left the company, WWD has learned. Marc Jacobs International, which is owned by LVMH Moët Hennessy Louis Vuitton, confirmed Targon’s departure in a statement: “John Targon is a talented designer and we appreciate the work he has done here. Ultimately working together did not make sense for the brand and we wish him the best.” Read the story by @jessiredale, link in bio. #wwdnews
@theluxurycollection is officially launching a collection, tapping Sofia Sanchez de Betak for the capsule. Over 30 styles will be featured in the Chufy x The Luxury Collection, debuting next month at Bergdorf Goodman, The Webster, FiveStory and more. De Betak, known as “@chufy,” drew inspiration for the collection from her trips to Japan in the past year #wwdfashion
@lhd, founder and CEO of @thewebster, has teamed up with @lebonmarcherivegauche for the European launch of her ready-to-wear line, LHD. The launch will come with an exclusive pop-up opening today that’s set to run through May 20. Located on the second floor, it carries her debut Miami-themed resort collection, launched in November as see-now-buy-now. #wwdfashion