The US Vince Holding Corp. presented your figures for the second quarter that ended on August 2, 2025. Despite a slight decline in sales, the company benefited from strong growth in direct customer business and improved profitability.
Sales declined slightly – direct customer business grows
Net sales amounted to $ 73.2 million in the reporting period (67.5 million euros). In doing so, they were 1.3 percent below the previous year’s level. The cause was a decline of 5.1 percent in the wholesale segment, which is due to a temporal shift in autumn deliveries. The direct customer business, on the other hand, was able to increase by 5.5 percent and largely compensated for the decline.
The gross profit increased to $ 36.9 million. The gross margin improved to 50.4 percent after 47.4 percent in the previous year.
In the after-market trade, the share increased by 10.67 percent to $ 1.66-a signal for the trust of investors: inside the strategic orientation.
More careful but optimistic outlook
For the third quarter, Vince expects stable sales at the previous year’s level or an increase of up to three percent. In view of the ongoing uncertainties related to global customs policy, however, the company dispenses with an annual forecast.
In the analyst call, management dealt with questions about the price strategy and possible longer sales season. CEO Brendan Hoffman and CFO Yuji Okumura emphasized the focus on customs reduction and explained the plans for the expansion of the branch network. Overall, the outlook remains careful, but optimistic.
Okumura explained that the increased inventory can also be attributed to early deliveries. This wants to accuse the company of potential customs increases. Around 50 percent of the expected additional costs of four to five million US dollars are to be compensated for by relocating production countries, negotiations with suppliers and selective price increases.
Hoffman emphasized that Vince has diversified his supply chains. In the future, the proportion of a single state of procurement should decrease to a maximum of 25 percent – a measure that is to be implemented by Christmas business and spring. India does not matter because the company has not yet bought there and thus remains unaffected by the high tariffs.
No new branches planned for the coming year
At the end of the quarter, Vince had 58 own stores – three less than in the previous year. The company recently opened a new location in Nashville, and a branch in Sacramento will follow in October. Further new openings are not planned for 2025.
Cooperation with the Authentic Brands Group, which started in May 2023, continues.
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