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Segment and Geographical Financial Information (Tables)

12 Months Ended

Feb. 01, 2025

Segment Reporting [Abstract]

Summary of Reportable Segments Information

A summary of financial information by reportable segment is as follows:


(in thousands)		Vince Wholesale				Vince Direct-to-consumer				Total
Fiscal Year 2024
Net Sales		$	165,349			$	128,103			$	293,452

Cost of Products Sold*			98,800				49,473				148,273
Staff and Personnel			4,218				23,796				28,014
Occupancy			380				26,115				26,495
Marketing and advertising			547				9,420				9,967
Other segment items(1)			3,499				16,329				19,828
Total segment income before income taxes and equity in net income of equity method investment			57,905				2,970				60,875
Unallocated Corporate(4)											(91,909	)
Rebecca Taylor and Parker(2)											7,633
Total loss before income taxes and equity in net income of equity method investment										$	(23,401	)

Fiscal Year 2023
Total Segment Net Sales		$	149,603			$	143,096			$	292,699
Rebecca Taylor and Parker(3)											191
Total Net Sales											292,890

Cost of Products Sold*			97,742				61,856				159,598
Staff and Personnel			3,860				26,400				30,260
Occupancy			249				23,223				23,472
Marketing and advertising			805				9,147				9,952
Other segment items(1)			3,531				16,696				20,227
Total segment income before income taxes and equity in net income of equity method investment			43,416				5,774				49,190
Unallocated Corporate(4)											(31,127	)
Rebecca Taylor and Parker(3)											2,443
Total income before income taxes and equity in net income of equity method investment										$	20,506


		Fiscal Year
		2024				2023
Depreciation and Amortization:
Vince Wholesale		$	119			$	248
Vince Direct-to-Consumer			3,005				2,931
Total Segment Depreciation and Amortization			3,124				3,179
Unallocated Corporate			882				1,760
Total Depreciation and Amortization			4,006				4,939

Capital Expenditures:
Vince Wholesale			530				127
Vince Direct-to-Consumer			3,274				1,191
Total Segment Capital Expenditures			3,804				1,318
Unallocated Corporate			428				142
Total Capital Expenditures			4,232				1,460

Total Assets:
Vince Wholesale			68,488				51,489
Vince Direct-to-Consumer			100,114				87,648
Total Segment Assets			168,602				139,137
Unallocated Corporate			54,133				86,012
Total Assets			222,735				225,149

(1) Other segment items primarily include various third party expenses, banking fees, depreciation and amortization, supplies, and commissions.

(2) Activity for the Rebecca Taylor and Parker reconciling item for fiscal 2024 primarily consists of the gain recognized on the sale of Rebecca Taylor. See Note 2 "Recent Transactions" for further information.

(3) Activity for Rebecca Taylor and Parker reconciling item for fiscal 2023 consisted of $191 of sales through wholesale distribution channels of residual revenue contracted prior to the sale of the Rebecca Taylor tradename. In addition, activity also includes a $765 gain associated with the sale of the Parker tradename, a net benefit of $1,750 from the wind down of the Rebecca Taylor business, and $150 of transaction related expenses associated with the sale of the Parker tradename. See Note 2 "Recent Transactions" for further information.

(4) Unallocated corporate includes the goodwill impairment charge of $31,973 for fiscal 2024 and the $32,043 gain related to the sale of the Vince intellectual property and certain related ancillary assets for fiscal 2023. See Note 3 "Goodwill and Intangible Assets" and Note 2 "Recent Transactions" for further information.

* Cost of Products Sold for fiscal 2024 includes royalty expenses of $10,106 and $3,857 for the Wholesale and Direct-to-consumer segments, respectively. Cost of Products Sold for fiscal 2023 includes royalty expenses of $6,388 and $3,098 for the Wholesale and Direct-to-consumer segments, respectively.