Vince Holding Q3 FY20 sales fall 34% to $69 mn
Fibre2Fashion Toggle navigation 23 Pic: Vince Holding Vince Holding Corp, a leading global contemporary group, has reported financial results for the third quarter (Q3) of fiscal 2020 ended on October 31. Net sales during Q3 FY20 fell 34.0 per cent to $69.0 million compared to $104.5 million in the same period previous fiscal. Company’s net income decreased to $4.9 million (Q3 FY19: $6.0 million). “We saw sequential improvement in our sales trends and delivered an operating profit, even excluding the benefit of rent concessions, through prudent cost ...
Source: fibre2fashion.com