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Cost Saving Initiatives and Other Charges | 9 Months Ended
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Nov. 01, 2025
Restructuring and Related Activities [Abstract] |
Cost Saving Initiatives and Other Charges | Cost Savings Initiatives and Other Charges Cost Savings Initiatives and Severance Charges During fiscal 2023, the Company began implementation of its targeted cost reductions, which were expected to be fully realized in fiscal 2025. In late fiscal 2025, additional cost reduction initiatives were identified and are expected to be fully realized in fiscal 2026. Expense savings are being derived across various areas of the Company, including retail store efficiencies, marketing expenses, information technology contracts, professional services, logistics and operational costs, and corporate payroll. The Company incurred the following charges during the thirteen weeks ended November 1, 2025 (in thousands):
| Reportable Segment |  |  |  |
| VB Direct |  | VB Indirect |  |  |  | Unallocated Corporate Expenses |  | Total Expense
Severance charges | $ | — |  |  | $ | — |  |  |  |  | $ | 609 |  |  | $ | 609 |
Total (1) | $ | — |  |  | $ | — |  |  |  |  | $ | 609 |  |  | $ | 609 |
(1) Recorded within selling, general, and administrative ("SG&A") expenses
The Company incurred the following charges during the thirty-nine weeks ended November 1, 2025 (in thousands):
| Reportable Segment |  |  |  |
| VB Direct |  | VB Indirect |  |  |  | Unallocated Corporate Expenses |  | Total Expense
Severance charges | $ | 15 |  |  | $ | — |  |  |  |  | $ | 3,902 |  |  | $ | 3,917 |
Total (1) | $ | 15 |  |  | $ | — |  |  |  |  | $ | 3,902 |  |  | $ | 3,917 |
(1) Recorded within SG&A expenses
A summary of charges and related liabilities associated with the cost savings initiatives and severance charges are as follows (in thousands):
| Severance Charges and Cash Retention Payment Acceleration Charges (1) |  |
Liability as of February 1, 2025 | $ | 2,525 |  |  |
Fiscal 2026 charges | 3,917 |  |  |
Cash payments | (5,854) |  |  |
Liability as of November 1, 2025(1) | $ | 588 |  |  |
(1) Remaining liability is recorded within accrued employment costs
The Company incurred the following charges during the thirteen weeks ended November 2, 2024 (in thousands):
| Reportable Segment |  |  |  |
| VB Direct |  | VB Indirect |  |  |  | Unallocated Corporate Expenses |  | Total Expense
Severance charges | $ | 186 |  |  | $ | 14 |  |  |  |  | $ | 48 |  |  | $ | 248 |
Total (1) | $ | 186 |  |  | $ | 14 |  |  |  |  | $ | 48 |  |  | $ | 248 |
(1) Recorded within cost of goods sold and SG&A expenses
The Company incurred the following charges during the thirty-nine weeks ended November 2, 2024 (in thousands):
| Reportable Segment |  |  |  |
| VB Direct |  | VB Indirect |  |  |  | Unallocated Corporate Expenses |  | Total Expense
Severance charges | $ | 321 |  |  | $ | 231 |  |  |  |  | $ | 485 |  |  | $ | 1,037 |
Total (1) | $ | 321 |  |  | $ | 231 |  |  |  |  | $ | 485 |  |  | $ | 1,037 |
(1) Recorded within cost of goods sold and SG&A expenses
A summary of charges and related liabilities associated with the cost savings initiatives and severance charges are as follows (in thousands):
| Severance Charges and Cash Retention Payment Acceleration Charges (1)
Liability as of February 3, 2024 | $ | 541 |
Fiscal 2025 charges | 1,037 |
Cash payments | (1,562) |
Liability as of November 2, 2024(1) | $ | 16 |
(1) Remaining liability is recorded within accrued employment costs

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/420/tableOfContent Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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