Vince Holding Corp reported a 14.7 per cent decrease in Q3 FY23 net sales, offset by increased profits and reduced expenses.
The decline was due to winding down Rebecca Taylor and Parker segments, while Vince brand saw modest sales dips.
The company’s income from operations was $2.8 million, a significant turnaround from a loss of $9.4 million in Q3 FY22.Vince Holding Corp reported a 14.7 per cent decrease in Q3 FY23 net sales, offset by increased profits and reduced expenses.
The decline was due to winding down Rebecca Taylor and Parker segments, while Vince brand saw modest sales dips.
The company’s income from operations was $2.8 million, a significant turnaround from a loss of $9.4 million in Q3 FY22.
