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Goodwill and Intangible Assets (Tables) | 9 Months Ended
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Oct. 29, 2022
Goodwill And Intangible Assets Disclosure [Abstract] |
Summary of Net Goodwill Balances | Net goodwill balances and changes therein by segment were as follows:
(in thousands) |  | Vince Wholesale |  |  | Vince Direct-to-consumer |  |  | Rebecca Taylor and Parker |  |  | Total Net Goodwill |
Balance as of January 29, 2022 |  | $ | 31,973 |  |  | $ | — |  |  | $ | — |  |  | $ | 31,973 |
Balance as of October 29, 2022 |  | $ | 31,973 |  |  | $ | — |  |  | $ | — |  |  | $ | 31,973 |
Summary of Identifiable Intangible Assets | The following tables present a summary of identifiable intangible assets:
(in thousands) |  | Gross Amount |  |  | Accumulated Amortization |  |  | Accumulated Impairments |  |  | Reclassification to Assets Held for Sale |  |  | Net Book Value |
Balance as of October 29, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortizable intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | $ | 31,355 |  |  | $ | (22,084 | ) |  | $ | (6,115 | ) |  | $ | — |  |  | $ | 3,156 |
Tradenames (1) |  |  | 22,236 |  |  |  | (683 | ) |  |  | (18,663 | ) |  |  | (2,890 | ) |  |  | — |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Tradenames |  |  | 101,850 |  |  |  | — |  |  |  | (34,750 | ) |  |  | — |  |  |  | 67,100 |
Total intangible assets |  | $ | 155,441 |  |  | $ | (22,767 | ) |  | $ | (59,528 | ) |  | $ | (2,890 | ) |  | $ | 70,256 |
(1) On September 12, 2022, the Company announced its decision to wind down the Rebecca Taylor business. Therefore, the Company determined that the indefinite life classification was no longer appropriate for the Rebecca Taylor tradename and began amortizing the Rebecca Taylor tradename in the third quarter of fiscal 2022. Amortization of the Rebecca Taylor tradename ceased upon classification as held for sale in the third quarter of fiscal 2022. Additionally, during the third quarter of fiscal 2022, the Parker tradename was classified as held for sale and amortization ceased. See Note 2 "Wind Down of Rebecca Taylor Business" for further information.
(in thousands) |  | Gross Amount |  |  | Accumulated Amortization |  |  | Accumulated Impairments |  |  | Net Book Value |
Balance as of January 29, 2022 |  |  |  |  |  |  |  |  |  |  |  |
Amortizable intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | $ | 31,355 |  |  | $ | (21,635 | ) |  | $ | (6,115 | ) |  | $ | 3,605 |
Tradenames |  |  | 13,100 |  |  |  | (143 | ) |  |  | (12,527 | ) |  |  | 430 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Tradenames |  |  | 110,986 |  |  |  | — |  |  |  | (39,186 | ) |  |  | 71,800 |
Total intangible assets |  | $ | 155,441 |  |  | $ | (21,778 | ) |  | $ | (57,828 | ) |  | $ | 75,835 |
Schedule of Expected Amortization Expense for Identifiable Intangible Assets | The estimated amortization expense for identifiable intangible assets for the remainder of fiscal 2022 and the next five fiscal years is expected to be as follows:
|  | Future |
(in thousands) |  | Amortization |
2022 |  | $ | 150 |
2023 |  |  | 598 |
2024 |  |  | 598 |
2025 |  |  | 598 |
2026 |  |  | 598 |
2027 |  |  | 598 |
|  | $ | 3,140 |

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