Segment Financial Information (Tables)

6 Months Ended

Jul. 31, 2021

Summary of Reportable Segments Information

Summary information for the Company’s reportable segments is presented below.

(in thousands)	Vince Wholesale		Vince Direct-to-consumer			Rebecca Taylor and Parker			Unallocated Corporate			Total
Three Months Ended July 31, 2021
Net Sales ⁽¹⁾	$	35,170	$	31,982		$	11,521		$	—		$	78,673
Income (loss) before income taxes		9,441		6,126			(1,571	)		(13,288	)		708

Three Months Ended August 1, 2020
Net Sales ⁽²⁾	$	17,159	$	15,051		$	4,812		$	—		$	37,022
Income (loss) before income taxes		4,404		(5,525	)		(3,063	)		(10,850	)		(15,034	)

Six Months Ended July 31, 2021
Net Sales ⁽¹⁾	$	61,969	$	55,914		$	18,323		$	—		$	136,206
Income (loss) before income taxes		16,938		5,799			(4,834	)		(26,174	)		(8,271	)

Six Months Ended August 1, 2020
Net Sales ⁽²⁾	$	27,852	$	33,136		$	15,052		$	—		$	76,040
Income (loss) before income taxes ^{(3) (4) (5)}		3,813		(22,384	)		(9,215	)		(35,384	)		(63,170	)

(in thousands)	Vince Wholesale		Vince Direct-to-consumer		Rebecca Taylor and Parker		Unallocated Corporate		Total
July 31, 2021
Total Assets	$	69,737	$	104,974	$	38,150	$	118,331	$	331,192

January 30, 2021
Total Assets	$	66,816	$	104,784	$	39,514	$	121,830	$	332,944

⁽¹⁾ Net sales for the Rebecca Taylor and Parker reportable segment for the three and six months ended July 31, 2021 consisted of $7,609 and $12,144 through wholesale distribution channels and $3,911 and $6,178 through direct-to-consumer distribution channels, respectively.

⁽²⁾ Net sales for the Rebecca Taylor and Parker reportable segment for the three and six months ended August 1, 2020 consisted of $2,565 and $9,723 through wholesale distribution channels and $2,247 and $5,329 through direct-to-consumer distribution channels, respectively.

⁽³⁾Vince Direct-to-consumer reportable segment includes a non-cash impairment charge of $11,725 related to property and equipment and ROU assets for the six months ended August 1, 2020.

⁽⁴⁾ Rebecca Taylor and Parker reportable segment includes non-cash impairment charges of $1,687, of which $386 is related to the Rebecca Taylor tradename and $1,301 is related to property and equipment and ROU assets for the six months ended August 1, 2020.

⁽⁵⁾ Unallocated Corporate includes a benefit from the re-measurement of the liability related to the Tax Receivable Agreement of $2,320 and non-cash impairment charges of $13,462, of which $9,462 is related to goodwill and $4,000 is related to the Vince tradename for the six months ended August 1, 2020.