Vince Holding Corp. (NYSE:VNCE) Files An 8-K Termination of a Material Definitive Agreement
Item 1.02 Termination of a Material Definitive Agreement.
On February 10, 2017, Vince, LLC, a wholly-owned subsidiary of
Vince Holding Corp. (the Company), mutually agreed with each of
Rea Laccone and Christopher LaPolice to terminate their
respective consulting agreements, dated November 23, 2015,
effective immediately.There are no early termination penalties to
be incurred by any party as a result of the termination of the
consulting agreements.
The press release of the Company relating to the above is filed
herewith as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
|
Exhibit No. |
Description of Exhibit |
|
99.1 |
Press release of the Company dated February 13, 2017 |
About Vince Holding Corp. (NYSE:VNCE)
Vince Holding Corp. (Vince) is a contemporary fashion brand known for modern style and everyday luxury essentials. The Company offers a range of women’s and men’s apparel, women’s and men’s footwear, and handbags. It operates in two segments: wholesale and direct-to-consumer. Its wholesale segment consists of sales to department stores and specialty stores in the United States and in select international markets. Its direct-to-consumer segment includes its retail and outlet stores, and its e-commerce business. It operates approximately 50 stores, which consisted of over 30 Company-operated full-price retail stores and over 10 Company-operated outlet locations. The direct-to-consumer segment also includes its e-commerce Website, www.vince.com. It offers women’s line under the Vince brand, which includes seasonal collections of cashmere sweaters and silk blouses, leather and suede leggings and jackets, dresses, denim, pants, tanks and t-shirts, and an assortment of outerwear. Vince Holding Corp. (NYSE:VNCE) Recent Trading Information
Vince Holding Corp. (NYSE:VNCE) closed its last trading session down -0.10 at 2.50 with 434,041 shares trading hands.
