Financial Analysis

"Note 6. Commitments and Contingencies Contractual Cash Obligations At January 31, 2026, the Company had contractual cash obligations of $ 126,218 which consisted primarily of Guaranteed Minimum Royalty payments (as described below), inventory purchase obligations and service contracts. On May 25, 2023, in connection with the Closing, V Opco and ABG Vince entered into the License Agreement. The initial term of the License Agreement began on May 25, 2023, the date on which the Closing actually occurred, and ends at the end of the Company's 2032 fiscal year, unless sooner terminated pursuant to the terms of the License Agreement. V Opco is required to pay ABG Vince a royalty on net sales of Licensed Products and committed to an annual guaranteed minimum royalty of $ 11,000 during the initial term of the License Agreement, except that the guaranteed minimum royalty for the first contract year during the initial term was prorated to the period beginning on the Closing Date and ending at the end of the Company's 2023 fiscal year. See Note 2 ""Significant Transactions"" for further information. In addition, see Note 12 ""Leases"" for a summary of the Company's future minimum rental payments under non-cancelable leases. Litigation The Company is a party to legal proceedings, compliance matters, environmental, as well as wage and hour and other labor claims that arise in the ordinary course of business. Although the outcome of such items cannot be determined with certainty, managemen …

CommitmentsAndContingenciesDisclosureTextBlock · excerpt; the full note is in the filing

"Note 5. Long-Term Debt and Financing Arrangements Debt obligations consisted of the following: January 31, February 1, (in thousands) 2026 2025 Long-term debt: Revolving Credit Facilities $ 10,700 $ 11,413 Third Lien Credit Facility 8,762 7,743 Total long-term debt $ 19,462 $ 19,156 2023 Revolving Credit Facility On June 23, 2023, V Opco, entered into a new $ 85,000 senior secured revolving credit facility (the ""2023 Revolving Credit Facility"") pursuant to a Credit Agreement (the ""2023 Revolving Credit Agreement"") by and among V Opco, the guarantors named therein, Bank of America, N.A. (""BofA""), as Agent, the other lenders from time to time party thereto, and BofA Securities, Inc., as sole lead arranger and sole bookrunner. All outstanding amounts under the previous $ 80,000 senior secured revolving credit facility (the ""2018 Revolving Credit Facility"") were repaid in full and such facility was terminated pursuant to the terms thereof as a result of all parties completing their obligations under such facility. The 2023 Revolving Credit Facility provides for a revolving line of credit of up to the lesser of (i) the Borrowing Base (as defined in the 2023 Revolving Credit Agreement) and (ii) $ 85,000 , as well as a letter of credit sublimit of $ 10,000 . The 2023 Revolving Credit Agreement also permits V Opco to request an increase in aggregate commitments under the 2023 Revolving Credit Facility of up to $ 15,000 , subject to customary terms and conditions. The 2023 Re …

DebtDisclosureTextBlock · excerpt; the full note is in the filing

"Note 7. Share-Based Compensation Employee Stock Plans Vince 2013 Incentive Plan In connection with the IPO, the Company adopted the Vince 2013 Incentive Plan, which provides for grants of stock options, stock appreciation rights, restricted stock and other stock-based awards. In May 2018, the Company filed a Registration Statement on Form S-8 to register an additional 660,000 shares of common stock available for issuance under the Vince 2013 Incentive Plan. Additionally, in September 2020, the Company filed a Registration Statement on Form S-8 to register an additional 1,000,000 shares of common stock available for issuance under the Vince 2013 Incentive Plan. The aggregate number of shares of common stock which may be issued or used for reference purposes under the Vince 2013 Incentive Plan or with respect to which awards may be granted may not exceed 2,000,000 shares. The shares available for issuance under the Vince 2013 Incentive Plan may be, in whole or in part, either authorized and unissued shares of the Company's common stock or shares of common stock held in or acquired for the Company's treasury. In general, if awards under the Vince 2013 Incentive Plan are canceled for any reason, or expire or terminate unexercised, the shares covered by such award may again be available for the grant of awards under the Vince 2013 Incentive Plan. As of January 31, 2026 , there were 240,462 shares under the Vince 2013 Incentive Plan available for future grants. Options granted pur …

DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock · excerpt; the full note is in the filing

"Note 4. Fair Value Measurements We define the fair value of a financial instrument as the amount that would be received from the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. We are responsible for the determination of the value of the investments carried at fair value and the supporting methodologies and assumptions. The Company's financial assets and liabilities are to be measured using inputs from three levels of the fair value hierarchy as follows: Level 1 quoted market prices in active markets for identical assets or liabilities Level 2 observable market-based inputs (quoted prices for similar assets and liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active) or inputs that are corroborated by observable market data Level 3 significant unobservable inputs that reflect the Company's assumptions and are not substantially supported by market data The Company did no t have any non-financial assets or non-financial liabilities recognized at fair value on a recurring basis at January 31, 2026 or February 1, 2025. At January 31, 2026 and February 1, 2025 , the Company believes that the carrying values of cash and cash equivalents, receivables, and accounts payable approximate fair value, due to the short-term maturity of these instruments. The Company's debt obligations with a carrying value of $ 19,462 and $ 19,156 as of Janu …

FairValueDisclosuresTextBlock · excerpt; the full note is in the filing

Note 11. Income Taxes The provision (benefit) for income taxes consisted of the following: Fiscal Year (in thousands) 2025 2024 Current: Domestic: Federal $ 1,660 $ 103 State 882 508 Foreign 37 29 Total current 2,579 640 Deferred: Domestic: Federal ( 1,854 ) State 5 ( 2,428 ) Foreign Total deferred 5 ( 4,282 ) Total provision (benefit) for income taxes $ 2,584 $ ( 3,642 ) The sources of income (loss) before income taxes and equity in net income of equity method investment are from the United States, the Company's subsidiaries in the United Kingdom and the Company's French branch. Substantially all of the Company's pretax income (loss) is in the U.S. The Company files U.S. federal income tax returns and income tax returns in various state and local jurisdictions. Current income taxes are the amounts payable under the respective tax laws and regulations on each year's earnings. Deferred income tax assets and liabilities represent the tax effects of revenues, costs and expenses, which are recognized for tax purposes in different periods from those used for financial statement purposes. The provision for income taxes was $ 2,584 for the year ended January 31, 2026 , resulting in an effective tax rate of 35.1 % compared to 15.6 % in fiscal 2024. This increase in the Company's effective rate is primarily due to an increase in state taxes and changes in the valuation allowance, partially offset by nontaxable ERC benefits. The benefit for income taxes was $ 3,642 for the year ended F …

IncomeTaxDisclosureTextBlock · excerpt; the full note is in the filing

Note 12. Leases The Company determines if a contract contains a lease at inception. The Company has operating leases for real estate (primarily retail stores, storage, and office spaces) some of which have initial terms of 10 years, and in many instances can be extended for an additional term, while certain recent leases are subject to shorter terms as a result of the implementation of the strategy to pursue shorter lease terms when evaluating certain markets. The Company will not include renewal options in the underlying lease term unless the Company is reasonably certain to exercise the renewal option. Substantially all of the Company's leases require a fixed annual rent, and most require the payment of additional rent if store sales exceed a negotiated amount. These percentage rent expenses are considered as variable lease costs and are recognized in the consolidated financial statements when incurred. In addition, the Company's real estate leases may also require additional payments for real estate taxes and other occupancy-related costs which it considers as non-lease components. ROU assets and operating lease liabilities are recognized based upon the present value of the future lease payments over the lease term. As the Company's leases do not provide an implicit borrowing rate, the Company uses an estimated incremental borrowing rate based upon a combination of market-based factors, such as market quoted forward yield curves and company specific factors, such as the Co …

LesseeOperatingLeasesTextBlock · excerpt; the full note is in the filing

"(T) Recent Accounting Pronouncements: Except as noted below, the Company has considered all recent accounting pronouncements and has concluded that there are no recent accounting pronouncements that may have a material impact on its Consolidated Financial Statements, based on current information. Recently Adopted Accounting Pronouncements In December 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (""ASU"") 2023-09 : Income Taxes (Topic 740): Improvements to Income Tax Disclosures (""ASU 2023-09""), which requires expanded disclosure within the rate reconciliation as well as disaggregation of annual taxes paid. This amendment is effective for annual periods beginning after December 15, 2024. The Company adopted ASU 2023-09 on a prospective basis within this Annual Report on Form 10-K. The adoption resulted in enhanced disclosures which can be found within Note 11 of these consolidated financial statements. Recently Issued Accounting Pronouncements In November 2024, the FASB issued ASU No. 2024-03: Income Statement-Reporting Comprehensive Income-Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses. The ASU is intended to improve disclosures about a public business entity's expenses, primarily through additional disaggregation of income statement expenses. The FASB further clarified the effective date in January 2025 with the issuance of ASU 2025-01: Income Statement-Reporting Comprehensive I …

NewAccountingPronouncementsPolicyPolicyTextBlock · excerpt; the full note is in the filing

Note 8. Defined Contribution Plan The Company maintains a defined contribution plan for employees who meet certain eligibility requirements. As of March 8, 2021, all assets from the Rebecca Taylor, Inc. 401(k) Plan were merged into the Vince Holding Corp. 401(k) Plan. Features of these plans allow participants to contribute to a plan a percentage of their annual compensation, subject to IRS limitations. Certain plans also provide for discretionary matching contributions by the Company. The annual expense incurred by the Company for the defined contribution plan was $ 631 and $ 518 in fiscal 2025 and fiscal 2024 , respectively.

PensionAndOtherPostretirementBenefitsDisclosureTextBlock

"Note 14. Related Party Transactions Operating Agreement On May 25, 2023, V Opco and ABG Vince entered into the Operating Agreement, which, among other things, provides for the management of the business and the affairs of ABG Vince, the allocation of profits and losses, the distribution of cash of ABG Vince among its members and the rights, obligations and interests of the members to each other and to V Opco. See Note 2 ""Significant Transactions"" for further information. During fiscal 2025 and fiscal 2024 , the Company received $ 3,603 and $ 3,395 , respectively, of cash distributions under the Operating Agreement. License Agreement On May 25, 2023, V Opco and ABG Vince entered into the License Agreement, whereby V Opco is required to pay ABG Vince a royalty on net sales of Licensed Products and committed to an annual guaranteed minimum royalty of $ 11,000 . See Note 2 ""Significant Transactions"" for further information. During fiscal 2025 and fiscal 2024 , the Company paid $ 13,963 and $ 10,811 under the License Agreement. As of January 31, 2026 and February 1, 2025 , $ 3,629 and $ 3,513 , respectively, of accrued royalty expense was included within Other accrued expenses on the Consolidated Balance Sheets. P180 Expense Reimbursement In connection with the P180 Acquisition, P180 agreed to pay or reimburse the Company for certain fees and expenses incurred in connection with such transactions, including the Companys legal fees as well as the consent fee to BofA. As of Jan …

RelatedPartyTransactionsDisclosureTextBlock · excerpt; the full note is in the filing

"Note 13. Segment and Geographical Financial Information The Company has identified two reportable segments based on the information used by its chief operating decision maker (CODM). The CODM has been identified as the Chief Executive Officer . Management considered both similar and dissimilar economic characteristics, internal reporting and management structures, as well as products, customers, and supply chain logistics to identify the following reportable segments: Vince Wholesale segmentconsists of the Company's operations to distribute Vince brand products to major department stores and specialty stores in the United States and select international markets; Vince Direct-to-consumer segmentconsists of the Company's operations to distribute Vince brand products directly to the consumer through its Vince branded full-price specialty retail stores, outlet stores, and e-commerce platform. During fiscal 2024, as a result of the completion of the wind down and sale (see Note 2 ""Significant Transactions""), and the determination by the CODM that Parker would not be considered in the Companys future operating plans, Rebecca Taylor and Parker is no longer an operating segment of the Company. The financial results of the historical Rebecca Taylor and Parker reportable segment are included as an other reconciling item in the table below. The accounting policies of the Company's reportable segments are consistent with those described in Note 1 ""Description of Business and Summary …

SegmentReportingDisclosureTextBlock · excerpt; the full note is in the filing

"Note 9. Stockholders' Equity Common Stock The Company currently has authorized for issuance 100,000,000 shares of its voting common stock, par value of $ 0.01 per share. During the fourth quarter of fiscal 2025, the Company cancelled 700,000 shares of the Company's outstanding common stock. As of January 31, 2026 and February 1, 2025, the Company had 12,846,589 a nd 12,758,852 shares issued and outstanding, respectively. As of January 31, 2026, P180 owned approximately 51 % of the Companys outstanding common stock. At-the-Market Offering On June 30, 2023, the Company entered into a Sales Agreement (the Virtu Sales Agreement) with Virtu Americas LLC (""Virtu""), as sales agent and/or principal (the ""Virtu At-the-Market Offering"") under which the Company was able to sell from time to time through Virtu shares of the Company's common stock, par value $ 0.01 per share, having an offering price of up to $ 7,825 , and any shares were to be issued pursuant to the Company's previously filed shelf registration statement on Form S-3, which was declared effective on September 21, 2021 (the 2021 S-3 Registration Statement). Under the 2021 S-3 Registration Statement, the Company was able to offer and sell up to 3,000,000 shares of common stock from time to time in one or more offerings at prices and terms to be determined at the time of the sale. Following the expiration of the 2021 S-3 Registration Statement, on September 23, 2024, the Company filed a replacement shelf registration st …

StockholdersEquityNoteDisclosureTextBlock · excerpt; the full note is in the filing

"Note 15. Subsequent Events U.S Tariff Update On February 20, 2026, the United States Supreme Court issued a ruling striking down certain tariffs previously imposed under the International Emergency Economic Powers Act (""IEEPA""). The ultimate availability, timing, and amount of any potential refunds of such tariffs remain highly uncertain and are subject to further legal, regulatory, and administrative developments. Following the Supreme Courts decision, the U.S. presidential administration announced its intention to invoke other laws to collect tariffs and announced new tariffs on imports from all countries, in addition to any existing non-IEEPA tariffs. There remains substantial uncertainty regarding the duration of existing and newly announced tariffs, potential changes or pauses to such tariffs, tariff levels, and whether further additional tariffs or other retaliatory actions may be imposed, modified, or suspended, and the impacts of such actions on the Company's business. The Company continues to monitor and evaluate these developments and potential actions available and assess their potential impact on its business, financial condition, and results of operations."

SubsequentEventsTextBlock

"Note 9. Commitments and Contingencies Litigation The Company is a party to legal proceedings, compliance matters, environmental, as well as wage and hour and other labor claims that arise in the ordinary course of business. Although the outcome of such items cannot be determined with certainty, management believes that the ultimate outcome of these items, individually and in the aggregate, will not have a material adverse impact on the Company's financial position, results of operations or cash flows. IEEPA Tariff Refund In February 2026, the U.S. Supreme Court ruled that tariffs imposed under the International Emergency Economic Powers Act (IEEPA) on goods imported into the United States were unauthorized. The Company serves as the importer of record for certain products previously subject to IEEPA tariffs and paid approximately $ 13,700 in such tariffs since their inception. The U.S. Court of International Trade subsequently ordered U.S. Customs and Border Protection (CBP) to refund all collected IEEPA tariffs. The Company has complied with CBPs prescribed administrative process through their Consolidated Administration and Processing of Entries (CAPE) system for seeking these refunds. To account for potential recoveries of previously paid IEEPA tariffs, the Company applies a gain contingency model in accordance with ASC 450-30, Gain Contingencies. Under this model, a gain contingency is not recognized until the gain is realized or realizable, which is at the earlier of wh …

CommitmentsAndContingenciesDisclosureTextBlock · excerpt; the full note is in the filing

"Note 4. Long-Term Debt and Financing Arrangements Debt obligations consisted of the following: May 2, January 31, (in thousands) 2026 2026 Long-term debt: Revolving Credit Facility $ 20,100 $ 10,700 Third Lien Credit Facility 9,027 8,762 Total long-term debt $ 29,127 $ 19,462 2023 Revolving Credit Facility On June 23, 2023, V Opco, entered into a new $ 85,000 senior secured revolving credit facility (the ""2023 Revolving Credit Facility"") pursuant to a Credit Agreement (the ""2023 Revolving Credit Agreement"") by and among V Opco, the guarantors named therein, Bank of America, N.A. (""BofA""), as Agent, the other lenders from time to time party thereto, and BofA Securities, Inc., as sole lead arranger and sole bookrunner. All outstanding amounts under the 2018 Revolving Credit Facility (as defined below) were repaid in full and such facility was terminated pursuant to the terms thereof as a result of all parties completing their obligations under such facility. The 2023 Revolving Credit Facility provides for a revolving line of credit of up to the lesser of (i) the Borrowing Base (as defined in the 2023 Revolving Credit Agreement) and (ii) $ 85,000 , as well as a letter of credit sublimit of $ 10,000 . The 2023 Revolving Credit Agreement also permits V Opco to request an increase in aggregate commitments under the 2023 Revolving Credit Facility of up to $ 15,000 , subject to customary terms and conditions. The 2023 Revolving Credit Facility matures on the earlier of June 23 …

DebtDisclosureTextBlock · excerpt; the full note is in the filing

"Note 6. Share-Based Compensation Employee Stock Plans Vince 2013 Incentive Plan In connection with the IPO, the Company adopted the Vince 2013 Incentive Plan, which provides for grants of stock options, stock appreciation rights, restricted stock and other stock-based awards. In May 2018, the Company filed a Registration Statement on Form S-8 to register an additional 660,000 shares of common stock available for issuance under the Vince 2013 Incentive Plan. Additionally, in September 2020, the Company filed a Registration Statement on Form S-8 to register an additional 1,000,000 shares of common stock available for issuance under the Vince 2013 Incentive Plan. On June 4, 2026, the Companys stockholders approved an amendment (the Share Increase Amendment) to the Vince 2013 Incentive Plan to increase t he maximum aggregate number of shares of common stock with respect to which awards may be granted thereunder from 2,000,000 to 3,000,000 shares. The shares available for issuance under the Vince 2013 Incentive Plan may be, in whole or in part, either authorized and unissued shares of the Company's common stock or shares of common stock held in or acquired for the Company's treasury. In general, if awards under the Vince 2013 Incentive Plan are canceled for any reason, or expire or terminate unexercised, the shares covered by such award may again be available for the grant of awards under the Vince 2013 Incentive Plan. As of May 2, 2026 , there were 252,107 shares under the Vince …

DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock · excerpt; the full note is in the filing

"Note 3. Fair Value Measurements We define the fair value of a financial instrument as the amount that would be received from the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. We are responsible for the determination of the value of the investments carried at fair value and the supporting methodologies and assumptions. The Company's financial assets and liabilities are to be measured using inputs from three levels of the fair value hierarchy as follows: Level 1 quoted market prices in active markets for identical assets or liabilities Level 2 observable market-based inputs (quoted prices for similar assets and liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active) or inputs that are corroborated by observable market data Level 3 significant unobservable inputs that reflect the Company's assumptions and are not substantially supported by market data The Company did no t have any non-financial assets or non-financial liabilities recognized at fair value on a recurring basis at May 2, 2026 or January 31, 2026. At May 2, 2026 and January 31, 2026, the Company believes that the carrying values of cash and cash equivalents, receivables, and accounts payable approximate fair value, due to the short-term maturity of these instruments. The Company's debt obligations with a carrying value of $ 29,127 and $ 19,462 as of May 2, 2026 and …

FairValueDisclosuresTextBlock · excerpt; the full note is in the filing

"Note 10. Income Taxes The Company provides for income taxes at the end of each interim period based on the estimated effective tax rate for the full fiscal year. Section 382 of the Internal Revenue Code of 1986 (IRC) subjects the future utilization of net operating losses to an annual limitation in the event of certain ownership changes, as defined (""382 limitation""). The Company determined that under Section 382, the P180 Acquisition resulted in an ownership change in January 2025. Thus, the Companys ability to offset current year taxable income with net operating loss carryforwards is limited. The benefit for income taxes for the three months ended May 2, 2026 is $ 408 . For the three months ended May 3, 2025, the Company incurred year-to-date ordinary pre-tax losses for the interim period and was anticipating annual ordinary pre-tax income for the fiscal year. At that time, the Company determined that it was more likely than not that the tax benefit of the year-to-date ordinary pre-tax loss would not be realized in the current or future years and as such, did not recognize a tax benefit. Each reporting period, the Company evaluates the realizability of its deferred tax assets and has maintained a full valuation allowance against its deferred tax assets. These valuation allowances will be maintained until there is sufficient positive evidence to conclude that it is more likely than not that these deferred tax assets will be realized. On July 4, 2025, the One Big Beautifu …

IncomeTaxDisclosureTextBlock · excerpt; the full note is in the filing

Note 11. Leases The Company determines if a contract contains a lease at inception. The Company has operating leases for real estate (primarily retail stores, storage, and office spaces) some of which have initial terms of 10 years, and in many instances can be extended for an additional term, while certain recent leases are subject to shorter terms as a result of the implementation of the strategy to pursue shorter lease terms when evaluating certain markets. The Company will not include renewal options in the underlying lease term unless the Company is reasonably certain to exercise the renewal option. Substantially all of the Company's leases require a fixed annual rent, and most require the payment of additional rent if store sales exceed a negotiated amount. These percentage rent expenses are considered as variable lease costs and are recognized in the consolidated financial statements when incurred. In addition, the Company's real estate leases may also require additional payments for real estate taxes and other occupancy-related costs which it considers as non-lease components. ROU assets and operating lease liabilities are recognized based upon the present value of the future lease payments over the lease term. As the Company's leases do not provide an implicit borrowing rate, the Company uses an estimated incremental borrowing rate based upon a combination of market-based factors, such as market quoted forward yield curves and company specific factors, such as the Co …

LesseeOperatingLeasesTextBlock · excerpt; the full note is in the filing

(F) Recent Accounting Pronouncements: Except as noted below, the Company has considered all recent accounting pronouncements and has concluded that there are no recent accounting pronouncements that may have a material impact on its Consolidated Financial Statements, based on current information. Recently Issued Accounting Pronouncements and Disclosure Rules In November 2024, the FASB issued ASU No. 2024-03: Income Statement-Reporting Comprehensive Income-Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses. The ASU is intended to improve disclosures about a public business entity's expenses, primarily through additional disaggregation of income statement expenses. The FASB further clarified the effective date in January 2025 with the issuance of ASU 2025-01: Income Statement-Reporting Comprehensive Income-Expense Disaggregation Disclosures (Subtopic 220-40): Clarifying the Effective Date. The ASU is effective for fiscal years beginning after December 15, 2026, and interim periods beginning after December 15, 2027, with early adoption permitted. The requirements of the ASU will be applied prospectively with the option for retrospective application. We are currently evaluating the ASU to determine the impact on the Company's disclosures. In September 2025, the FASB issued ASU No. 2025-06: Targeted Improvements to the Accounting for Internal-Use Software (Subtopic 350-40). This ASU modernizes and clarifies the threshold for when an e …

NewAccountingPronouncementsPolicyPolicyTextBlock · excerpt; the full note is in the filing

"Note 13. Related Party Transactions Operating Agreement On May 25, 2023, V Opco, LLC and ABG Vince entered into the Operating Agreement, which, among other things, provides for the management of the business and the affairs of ABG Vince, the allocation of profits and losses, the distribution of cash of ABG Vince among its members and the rights, obligations and interests of the members to each other and to V Opco. See Note 2 ""Significant Transactions"" for further information. During the three months ended May 2, 2026 and May 3, 2025 , the Company received distributions of cash of $ 1,398 and $ 1,776 , respectively, under the Operating Agreement. License Agreement On May 25, 2023, V Opco and ABG Vince entered into the License Agreement, whereby V Opco is required to pay ABG Vince a royalty on net sales of Licensed Products and committed to an annual guaranteed minimum royalty of $ 11,000 . See Note 2 ""Significant Transactions"" for further information. During the three months ended May 2, 2026 and May 3, 2025 , the Company paid $ 8,032 and $ 7,913 , respectively, under the License Agreement. As of May 2, 2026 , $ 1,608 of prepaid royalty expense was included within Prepaid expenses and other current assets on the Condensed Consolidated Balance Sheets. As of January 31, 2026 , $ 3,629 of accrued royalty expense was included within Other accrued expenses on the Condensed Consolidated Balance Sheets. CaaStle Platform Services On September 7, 2018, V Opco and CaaStle Inc. (Caa …

RelatedPartyTransactionsDisclosureTextBlock · excerpt; the full note is in the filing

Note 12. Segment Financial Information The Company has identified two reportable segments based on the information used by its chief operating decision maker (CODM). The CODM has been identified as the Chief Executive Officer . Management considered both similar and dissimilar economic characteristics, internal reporting and management structures, as well as products, customers, and supply chain logistics to identify the following reportable segments: Vince Wholesale segmentconsists of the Company's operations to distribute Vince brand products to major department stores and specialty stores in the United States and select international markets; Vince Direct-to-consumer segmentconsists of the Company's operations to distribute Vince brand products directly to the consumer through its Vince branded full-price specialty retail stores, outlet stores, and e-commerce platform. The accounting policies of the Company's reportable segments are consistent with those described in Note 1 to the audited consolidated financial statements for the fiscal year ended January 31, 2026 included in the 2025 Annual Report on Form 10-K. The Companys CODM evaluates segment performance based on several factors, including Income before income taxes and equity in net income of equity method investment. The CODM uses Income before income taxes and equity in net income of equity method investment as the key performance measure of segment profitability because it excludes the impact of certain items that …

SegmentReportingDisclosureTextBlock · excerpt; the full note is in the filing

"Note 7. Stockholders' Equity At-the-Market Offering On June 30, 2023, the Company entered into a Sales Agreement (the Virtu Sales Agreement) with Virtu Americas LLC (""Virtu""), as sales agent and/or principal (the ""Virtu At-the-Market Offering"") under which the Company was able to sell from time to time through Virtu shares of the Company's common stock, par value $ 0.01 per share, having an offering price of up to $ 7,825 , and any shares were to be issued pursuant to the Company's previously filed shelf registration statement on Form S-3, which was declared effective on September 21, 2021 (the 2021 S-3 Registration Statement). Under the 2021 S-3 Registration Statement, the Company was able to offer and sell up to 3,000,000 shares of common stock from time to time in one or more offerings at prices and terms to be determined at the time of the sale. Following the expiration of the 2021 S-3 Registration Statement, on September 23, 2024, the Company filed a replacement shelf registration statement on Form S-3, which was declared effective on October 3, 2024 (the ""2024 S-3 Registration Statement""). Under the 2024 S-3 Registration Statement, the Company may offer and sell up to $ 10 million of shares of common stock from time to time in one or more offerings at prices and terms to be determined at the time of the sale. The 2024 S-3 Registration Statement also included a prospectus supplement, whereby the Company may offer and sell from time to time under the Virtu Sales Ag …

StockholdersEquityNoteDisclosureTextBlock · excerpt; the full note is in the filing