By  on December 7, 2017

Last spring, Vince Holdings Corp. warned about the prospects for its future. On Thursday it was a much different story, with the fashion brand reporting a slight profit gain and decent revenue growth and spelling out strategies to sustain the turnaround progress.

Among the plans, Vince aims to open stores with shorter leases and better terms, narrow the wholesale distribution, continue to generate greater full-price selling of buy-now-wear-now product, and fine-tune the assortment at outlets.

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