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Vince reports 1.3% net sales drop in Q2 FY25
Yahoo Finance· 2025-09-11 17:25
Global retail company Vince Holding disclosed a 1.3% drop in total net sales, amounting to $73.2m for the second quarter (Q2) of fiscal 2025 (FY25), down from $74.2m during the same period in FY24. The decline in sales primarily stemmed from a 5.1% reduction in wholesale revenue, partially offset by a 5.5% rise in direct-to-consumer sales. The decrease in wholesale figures largely resulted from altered scheduling of autumn product deliveries compared to the previous year, influenced by earlier uncertaint ...