Vince was the first brand in the contemporary fashion market to establish a rental service.

The footwear giant’s president will move into the corner office at the end of the year.

Vince and Rebecca Taylor continued to experience strong consumer response but there’s a pause on developing new products at Parker.

For the contemporary brand, the fourth quarter was tough overall, but there was sequential improvement seen, led by the wholesale division.

Most recently, he was CEO of Cost Plus and before that was CEO of Dutch Fashion, whose brands are Joie, Equipment and Current/Elliott.

The Vince fall collection continued its language of discrete luxury.

The shop features an elevated mix of women’s and men’s apparel, footwear, handbags and home products.

With the spotlight on jewel tones, youthful hair accessories and bold broaches, this year’s inauguration set the trends for the next four years.

Executives say the Vince contemporary brand is gaining market share and that Rebecca Taylor will relaunch for spring 2021 at Bloomingdale’s and Saks.

On the positive side, the third quarter saw sequential improvement in direct-to-consumer sales and gross margin continuing into the fourth quarter.

Vince’s pre-fall collection displayed what the brand does best: offer an effortless wardrobe of understated luxury.

The offering, available on Vince.com starting today, will range from sizes 18 to 24.

Following the initial impact of COVID-19 last winter, Vince started to build back momentum in the second quarter.

The DKNY and Donna Karan parent company expects revenues to decline another 28 percent to 33 percent in the back half of the year.

Vince stores perform best when the assortment is dual-gender.