Financial pressures have Vince Holding Corp. looking elsewhere — to sister brand Rebecca Taylor — to help it with some purchase-order financing in case liquidity problems arise.
In a regulatory filing with the Securities and Exchange Commission, or Form 8-K, Vince said a subsidiary has an agreement with Rebecca Taylor for it to purchase some Vince-branded finished goods from approved suppliers. Rebecca Taylor would then resell the goods to Vince at a price that is equal to 103.5 percent of the price it paid, or at a 3.5 percent premium.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"