Vince Holding (VNCE) 10-Q 9 Jun 22 2022 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Apr. 30, 2022	May 31, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Apr. 30, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Trading Symbol	VNCE
Entity Registrant Name	VINCE HOLDING CORP.
Entity Central Index Key	0001579157
Current Fiscal Year End Date	--01-28
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		12,173,314
Entity Shell Company	false
Entity Current Reporting Status	Yes
Entity File Number	001-36212
Entity Tax Identification Number	75-3264870
Entity Address, Address Line One	500 5th Avenue
Entity Address, Address Line Two	20th Floor
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10110
City Area Code	212
Local Phone Number	944-2600
Title of 12(b) Security	Common Stock, $0.01 par value per share
Security Exchange Name	NYSE
Document Quarterly Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes
Entity Incorporation, State or Country Code	DE

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Apr. 30, 2022	Jan. 29, 2022
Current assets:
Cash and cash equivalents	$ 1,260	$ 1,056
Trade receivables, net	25,135	29,948
Inventories, net	83,347	78,564
Prepaid expenses and other current assets	4,644	5,804
Total current assets	114,386	115,372
Property and equipment, net	16,236	17,117
Operating lease right-of-use assets, net	87,572	92,677
Intangible assets, net	75,671	75,835
Goodwill	31,973	31,973
Other assets	3,480	4,253
Total assets	329,318	337,227
Current liabilities:
Accounts payable	42,584	46,722
Accrued salaries and employee benefits	9,437	6,244
Other accrued expenses	11,938	13,226
Short-term lease liabilities	22,925	22,700
Current portion of long-term debt	3,500	2,625
Total current liabilities	90,384	91,517
Long-term debt	93,830	88,869
Long-term lease liabilities	89,018	94,367
Deferred income tax liability	6,066	6,067
Other liabilities	626	627
Commitments and contingencies (Note 9)
Stockholders' equity:
Common stock at $0.01 par value (100,000,000 shares authorized, 12,127,533 and 11,986,127 shares issued and outstanding at April 30, 2022 and January 29, 2022, respectively)	121	120
Additional paid-in capital	1,141,304	1,140,516
Accumulated deficit	(1,091,903)	(1,084,734)
Accumulated other comprehensive loss	(128)	(122)
Total stockholders' equity	49,394	55,780
Total liabilities and stockholders' equity	$ 329,318	$ 337,227

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Apr. 30, 2022	Jan. 29, 2022
Statement Of Financial Position [Abstract]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	12,127,533	11,986,127
Common stock, shares outstanding	12,127,533	11,986,127

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Income Statement [Abstract]
Net sales	$ 78,376	$ 57,533
Cost of products sold	42,741	32,050
Gross profit	35,635	25,483
Selling, general and administrative expenses	40,920	32,584
Loss from operations	(5,285)	(7,101)
Interest expense, net	1,884	1,878
Loss before income taxes	(7,169)	(8,979)
Provision for income taxes		2,643
Net loss	(7,169)	(11,622)
Other comprehensive (loss) income:
Foreign currency translation adjustments	(6)	7
Comprehensive loss	$ (7,175)	$ (11,615)
Loss per share:
Basic loss per share	$ (0.60)	$ (0.98)
Diluted loss per share	$ (0.60)	$ (0.98)
Weighted average shares outstanding:
Basic	12,030,826	11,812,710
Diluted	12,030,826	11,812,710

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Loss [Member]
Beginning Balance at Jan. 30, 2021	$ 66,207	$ 118	$ 1,138,247	$ (1,072,030)	$ (128)
Beginning Balance, shares at Jan. 30, 2021		11,809,023
Comprehensive loss:
Net loss	(11,622)			(11,622)
Foreign currency translation adjustments	7				7
Share-based compensation expense	331		331
Restricted stock unit vestings, shares		2,382
Tax withholdings related to restricted stock vesting	(8)		(8)
Tax withholdings related to restricted stock vesting, shares		(985)
Issuance of common stock related to Employee Stock Purchase Plan ("ESPP")	49		49
Issuance of common stock related to Employee Stock Purchase Plan ("ESPP"), shares		4,832
Ending Balance at May. 01, 2021	54,964	$ 118	1,138,619	(1,083,652)	(121)
Ending Balance, shares at May. 01, 2021		11,815,252
Beginning Balance at Jan. 29, 2022	$ 55,780	$ 120	1,140,516	(1,084,734)	(122)
Beginning Balance, shares at Jan. 29, 2022	11,986,127	11,986,127
Comprehensive loss:
Net loss	$ (7,169)			(7,169)
Foreign currency translation adjustments	(6)				(6)
Common stock issuance, net of certain fees	305		305
Common stock issuance, net of certain fees		36,874
Share-based compensation expense	609		609
Restricted stock unit vestings		$ 1	(1)
Restricted stock unit vestings, shares		118,831
Tax withholdings related to restricted stock vesting	(148)		(148)
Tax withholdings related to restricted stock vesting, shares		(16,962)
Issuance of common stock related to Employee Stock Purchase Plan ("ESPP")	23		23
Issuance of common stock related to Employee Stock Purchase Plan ("ESPP"), shares		2,663
Ending Balance at Apr. 30, 2022	$ 49,394	$ 121	$ 1,141,304	$ (1,091,903)	$ (128)
Ending Balance, shares at Apr. 30, 2022	12,127,533	12,127,533

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Operating activities
Net loss	$ (7,169)	$ (11,622)
Add (deduct) items not affecting operating cash flows:
Depreciation and amortization	1,558	1,638
Provision for bad debt	39	(19)
Amortization of deferred financing costs	214	170
Deferred income taxes		2,609
Share-based compensation expense	609	331
Capitalized PIK Interest	699	636
Changes in assets and liabilities:
Receivables, net	4,773	5,075
Inventories	(4,803)	(3,509)
Prepaid expenses and other current assets	69	748
Accounts payable and accrued expenses	(2,164)	1,684
Other assets and liabilities	1,767	(535)
Net cash used in operating activities	(4,408)	(2,794)
Investing activities
Payments for capital expenditures	(622)	(476)
Net cash used in investing activities	(622)	(476)
Financing activities
Proceeds from borrowings under the Revolving Credit Facilities	91,573	63,236
Repayment of borrowings under the Revolving Credit Facilities	(86,507)	(62,462)
Proceeds from common stock issuance, net of certain fees	305
Tax withholdings related to restricted stock vesting	(148)	(8)
Proceeds from stock option exercises, restricted stock vesting, and issuance of common stock under employee stock purchase plan	23	49
Net cash provided by financing activities	5,246	815
Increase (decrease) in cash, cash equivalents, and restricted cash	216	(2,455)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	(15)	9
Cash, cash equivalents, and restricted cash, beginning of period	1,096	3,858
Cash, cash equivalents, and restricted cash, end of period	1,297	1,412
Less: restricted cash at end of period	37	42
Cash and cash equivalents	1,260	1,370
Supplemental Disclosures of Cash Flow Information
Cash payments for interest	877	1,078
Cash payments for income taxes, net of refunds	9	8
Supplemental Disclosures of Non-Cash Investing and Financing Activities
Capital expenditures in accounts payable and accrued liabilities	$ 181	80
Deferred financing fees in accrued liabilities		$ 30

Description of Business and Bas

Description of Business and Basis of Presentation	3 Months Ended
	Apr. 30, 2022
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Description of Business and Basis of Presentation	Note 1. Description of Business and Basis of Presentation (A) Description of Business: The Company is a global contemporary group, consisting of three brands: Vince, Rebecca Taylor, and Parker. Vince, established in 2002, is a leading global luxury apparel and accessories brand best known for creating elevated yet understated pieces for every day effortless style. Rebecca Taylor, founded in 1996 in New York City, is a contemporary womenswear line lauded for its signature prints, romantic detailing and vintage inspired aesthetic, reimagined for a modern era . Parker, founded in 2008 in New York City, is a contemporary women’s fashion brand that is trend focused. While we continue to believe that the Parker brand complements our portfolio, during the first half of fiscal 2020 the Company decided to pause the creation of new products to focus resources on the operations of the Vince and Rebecca Taylor brands. The Company reaches its customers through a variety of channels, specifically through major wholesale department stores and specialty stores in the United States (“U.S.”) and select international markets, as well as through the Company’s branded retail locations and the Company’s websites. The Company designs products in the U.S. and sources the vast majority of products from contract manufacturers outside the U.S., primarily in Asia. Products are manufactured to meet the Company’s product specifications and labor standards. (B) Basis of Presentation : The accompanying condensed consolidated financial statements have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) and the rules and regulations of the U.S. Securities and Exchange Commission (the “SEC”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted. Therefore, these financial statements should be read in conjunction with VHC’s audited financial statements for the fiscal year ended January 29, 2022, as set forth in the 2021 Annual Report on Form 10-K. The condensed consolidated financial statements include the Company’s accounts and the accounts of the Company’s wholly-owned subsidiaries as of April 30, 2022. All intercompany accounts and transactions have been eliminated in consolidation. In the opinion of management, the accompanying unaudited condensed consolidated financial statements contain all adjustments (consisting solely of normal recurring adjustments) and disclosures necessary for a fair statement. The results of operations for these periods are not necessarily comparable to, or indicative of, results of any other interim period or the fiscal year as a whole. (C) Use of Estimates : The preparation of financial statements in conformity with GAAP requires that management make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements which affect revenues and expenses during the period reported. Estimates are adjusted when necessary to reflect actual experience. Significant estimates and assumptions may affect many items in the financial statements. Actual results could differ from estimates and assumptions in amounts that may be material to the consolidated financial statements. (D) COVID-19 : The spread of the novel coronavirus (“COVID-19”), which was declared a pandemic by the World Health Organization in March 2020, remains highly volatile, particularly in light of ongoing vaccination efforts and emerging strains of the virus. In response, we implemented various measures to effectively manage our business as well as the impacts from the COVID-19 pandemic, including (i) serving our customers through our online e-commerce websites during the periods in which we were forced to shut down retail locations or operate with reduced shopping hours, alongside other retailers, including our wholesale partners, in accordance with state and local regulations related to the COVID-19 pandemic; (ii) engaging with our lenders to provide additional liquidity and increased operational flexibility; (iii) temporarily reducing retained employee salaries and suspending board retainer fees; (iv) engaging with our landlords to address the operating environment throughout the COVID-19 pandemic, including amending existing lease terms; and (v) streamlining our expense structure and carefully managing operational initiatives to align with the business environment and sales opportunities. The unpredictable nature of the COVID-19 pandemic could negatively affect the outcome of the measures intended to address its impact and/or our current expectations of our future business performance (E) Sources and Uses of Liquidity: The Company’s sources of liquidity are cash and cash equivalents, cash flows from operations, if any, borrowings available under the 2018 Revolving Credit Facility (as amended and restated and as defined below) and the Company’s ability to access capital markets, including the Open Market Sale Agreement SM Based on our current expectations, we believe that our sources of liquidity will generate sufficient cash flows to meet our obligations during the next twelve months from the date these financial statements are issued. The Company’s recent financial results have been, and its future financial results may be, subject to substantial fluctuations, and may be impacted by business conditions and macroeconomic factors, including the impact of the COVID-19 pandemic and the armed conflict between Ukraine and Russia. The Company’s ability to continue to meet its obligations is dependent on its ability to generate positive cash flow from a combination of initiatives and any failure to successfully implement these initiatives c ould require the Company to implement alternative plans to satisfy its liquidity needs. In the event that the Company is unable to timely service its debt, meet other contractual payment obligations or fund other liquidity needs, the Company may need to refinance all or a portion of its indebtedness before maturity, seek waivers of or amendments to contractual obligations for payment, reduce or delay scheduled expansions and capital expenditures, sell material assets or operations or seek other financing opportunities. (F) Revenue Recognition: The Company recognizes revenue when performance obligations identified under the terms of contracts with its customers are satisfied, which generally occurs upon the transfer of control in accordance with the contractual terms and conditions of the sale. Sales are recognized when the control of the goods are transferred to the customer for the Company’s wholesale business, upon receipt by the customer for the Company’s e-commerce business, and at the time of sale to the consumer for the Company’s retail business. See Note 12 “Segment Financial Information” for disaggregated revenue amounts by segment. Revenue associated with gift cards is recognized upon redemption and unredeemed balances are considered a contract liability and recorded within other accrued expenses, which are subject to escheatment within the jurisdictions in which it operates. As of April 30, 2022 and January 29, 2022, the contract liability was $1,744 and $1,739, respectively. For the three months ended April 30, 2022, the Company recognized $133 of revenue that was previously included in the contract liability as of January 29, 2022. (G) 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 In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-13: “ Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments

Goodwill and Intangible Assets

Goodwill and Intangible Assets	3 Months Ended
	Apr. 30, 2022
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Note 2. Goodwill and Intangible Assets Net goodwill balances and changes therein by segment were as follows: (in thousands) Vince Wholesale Vince Direct-to-consumer Rebecca Taylor and Parker Total Net Goodwill Balance as of January 29, 2022 $ 31,973 $ — $ — $ 31,973 Balance as of April 30, 2022 $ 31,973 $ — $ — $ 31,973 The total carrying amount of goodwill is net of accumulated impairments of $101,845. The following tables present a summary of identifiable intangible assets: (in thousands) Gross Amount Accumulated Amortization Accumulated Impairments Net Book Value Balance as of April 30, 2022 Amortizable intangible assets: Customer relationships $ 31,355 $ (21,785 ) $ (6,115 ) $ 3,455 Tradenames 13,100 (157 ) (12,527 ) 416 Indefinite-lived intangible assets: Tradenames 110,986 — (39,186 ) 71,800 Total intangible assets $ 155,441 $ (21,942 ) $ (57,828 ) $ 75,671 (in thousands) Gross Amount Accumulated Amortization Accumulated Impairments Net Book Value Balance as of January 29, 2022 Amortizable intangible assets: Customer relationships $ 31,355 $ (21,635 ) $ (6,115 ) $ 3,605 Tradenames 13,100 (143 ) (12,527 ) 430 Indefinite-lived intangible assets: Tradenames 110,986 — (39,186 ) 71,800 Total intangible assets $ 155,441 $ (21,778 ) $ (57,828 ) $ 75,835 Amortization of identifiable intangible assets was $164 for the three months ended April 30, 2022, and $164 for the three months ended May 1, 2021. The estimated amortization expense for identifiable intangible assets is $655 for each fiscal year for the next five fiscal years.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Apr. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	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 not have any non-financial assets or non-financial liabilities recognized at fair value on a recurring basis at April 30, 2022 or January 29, 2022. At April 30, 2022 and January 29, 2022, 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 $98,475 as of April 30, 2022 are at variable interest rates. Borrowings under the Company’s 2018 Revolving Credit Facility (as amended and restated and as defined below) are recorded at carrying value, which approximates fair value due to the frequent nature of such borrowings and repayments. The Company considers this as a Level 2 input. The fair value of the Company’s Term Loan Credit Facility (as defined below) and the Third Lien Credit Facility (as defined below) was approximately $34,000 and $24,000, respectively, as of April 30, 2022 based upon estimated market value calculations that factor principal, time to maturity, interest rate, and current cost of debt. The Company considers this a Level 3 input. The Company’s non-financial assets, which primarily consist of goodwill, intangible assets, operating lease right-of-use (“ROU”) assets, and property and equipment, are not required to be measured at fair value on a recurring basis and are reported at their carrying values. However, on a periodic basis whenever events or changes in circumstances indicate that their carrying value may not be fully recoverable (and at least annually for goodwill and indefinite-lived intangible assets), non-financial assets are assessed for impairment and, if applicable, written down to (and recorded at) fair value.

Long-Term Debt and Financing Ar

Long-Term Debt and Financing Arrangements	3 Months Ended
	Apr. 30, 2022
Debt Disclosure [Abstract]
Long-Term Debt and Financing Arrangements	Note 4. Long-Term Debt and Financing Arrangements Long-term debt consisted of the following: April 30, January 29, (in thousands) 2022 2022 Long-term debt: Term Loan Facilities $ 35,000 $ 35,000 Revolving Credit Facilities 39,689 34,624 Third Lien Credit Facility 23,786 23,087 Total debt principal 98,475 92,711 Less: current portion of long-term debt 3,500 2,625 Less: deferred financing costs 1,145 1,217 Total long-term debt $ 93,830 $ 88,869 Term Loan Credit Facility On September 7, 2021, Vince, LLC entered into a new term loan credit facility as described below. The proceeds were used to repay in full all outstanding amounts under the $27,500 senior secured term loan facility (the “2018 Term Loan Facility”) pursuant to a credit agreement originally entered into on August 21, 2018 and a portion of the borrowings outstanding under the 2018 Revolving Credit Facility. The 2018 Term Loan Facility was terminated. Vince, LLC entered into a new $35,000 senior secured term loan credit facility (the “Term Loan Credit Facility”) pursuant to a Credit Agreement (the “Term Loan Credit Agreement”) by and among Vince, LLC, as the borrower, the guarantors named therein, PLC Agent, LLC, as administrative agent and collateral agent, and the other lenders from time to time party thereto. Vince Holding Corp. and Vince Intermediate Holding, LLC (“Vince Intermediate”) are guarantors under the Term Loan Credit Facility. The Term Loan Credit Facility matures on the earlier of September 7, 2026 and 91 days after the maturity date of the 2018 Revolving Credit Facility (as defined below). The Term Loan Credit Facility is subject to quarterly amortization of $875 commencing on July 1, 2022, with the balance payable at final maturity. Interest is payable on loans under the Term Loan Credit Facility at a rate equal to the 90-day LIBOR rate, or an alternate applicable reference rate in the event LIBOR is no longer available, subject, in either case, to a 1.0% floor, plus 7.0%. During the continuance of certain specified events of default, interest will accrue on the overdue amount of any loan at a rate of 2.0% in excess of the rate otherwise applicable to such amount. In addition, the Term Loan Credit Agreement requires mandatory prepayments upon the occurrence of certain events, including but not limited to, an Excess Cash Flow payment (as defined in the Term Loan Credit Agreement), subject to reductions for voluntary prepayments made during such fiscal year, The Term Loan Credit Facility contains a requirement that Vince, LLC will maintain an availability under its 2018 Revolving Credit Facility of the greater of 10% of the commitments thereunder or $9,500. The Term Loan Credit Facility did not permit dividends prior to April 30, 2022, or an earlier date designated by Vince, LLC (the period until such date, the “Accommodation Period”) and now permits them to the extent that no default or event of default is continuing or would result from a contemplated dividend, so long as after giving pro forma effect to the contemplated dividend subtracting any accounts payable amounts that are or are projected to be past due for the following six months, excess availability for such six month period will be at least the greater of 25.0% of the aggregate lending commitments and $15,000. In addition, the Term Loan Credit Facility contains customary representations and warranties, other covenants, and events of default, including but not limited to, limitations on the incurrence of additional indebtedness, liens, burdensome agreements, guarantees, investments, loans, asset sales, mergers, acquisitions, prepayment of other debt, the repurchase of capital stock, transactions with affiliates, and the ability to change the nature of its business or its fiscal year, and distributions and dividends. Furthermore, the Term Loan Credit Facility is subject to a Borrowing Base (as defined in the Term Loan Credit Agreement) which can, under certain conditions result in the imposition of a reserve under the 2018 Revolving Credit Facility. As of April 30, 2022, the Company was in compliance with applicable covenants. All obligations under the Term Loan Credit Facility are guaranteed by Vince Intermediate and the Company and any future material domestic restricted subsidiaries of Vince, LLC and secured by a lien on substantially all of the assets of the Company, Vince, LLC and Vince Intermediate and any future material domestic restricted subsidiaries. Through April 30, 2022, on an inception to date basis, the Company had not made any repayments on the Term Loan Credit Facility. 2018 Revolving Credit Facility On August 21, 2018, Vince, LLC entered into an $80,000 senior secured revolving credit facility (the “2018 Revolving Credit Facility”) pursuant to a credit agreement by and among Vince, LLC, as the borrower, VHC and Vince Intermediate, as guarantors, Citizens Bank, N.A. (“Citizens”), as administrative agent and collateral agent, and the other lenders from time to time party thereto. The 2018 Revolving Credit Facility provides for a revolving line of credit of up to $ 80,000 , subject to a Loan Cap, which is the lesser of (i) the Borrowing Base as defined in the credit agreement for the 2018 Revolving Credit Facility and (ii) the aggregate commitments, as well as a letter of credit sublimit of $ 25,000 . It also provides for an increase in aggregate commitments of up to $ 20,000 . Interest is payable on the loans under the 2018 Revolving Credit Facility at either the LIBOR Rate or the Base Rate, in each case, with applicable margins subject to a pricing grid based on an average daily excess availability calculation. The “Base Rate” means, for any day, a fluctuating rate per annum equal to the highest of (i) the rate of interest in effect for such day as publicly announced from time to time by Citizens as its prime rate; (ii) the Federal Funds Rate for such day, plus 0.5%; and (iii) the LIBOR Rate for a one month interest period as determined on such day, plus 1.00%. During the continuance of certain specified events of default, at the election of Citizens, interest will accrue at a rate of 2.0% in excess of the applicable non-default rate. The 2018 Revolving Credit Facility contains a requirement that, at any point when Excess Availability (as defined in the credit agreement for the 2018 Revolving Credit Facility) is less than 10.0% of the Loan Cap and continuing until Excess Availability exceeds the greater of such amounts for 30 consecutive days, Vince, LLC must maintain during that time a Consolidated Fixed Charge Coverage Ratio (as defined in the credit agreement for the 2018 Revolving Credit Facility) equal to or greater than 1.0 to 1.0 measured as of the last day of each fiscal month during such period. The 2018 Revolving Credit Facility contains representations and warranties, other covenants and events of default that are customary for this type of financing, including covenants with respect to limitations on the incurrence of additional indebtedness, liens, burdensome agreements, guarantees, investments, loans, asset sales, mergers, acquisitions, prepayment of other debt, the repurchase of capital stock, transactions with affiliates, and the ability to change the nature of the Company’s business or its fiscal year. The 2018 Revolving Credit Facility generally permits dividends in the absence of any event of default (including any event of default arising from a contemplated dividend), so long as (i) after giving pro forma effect to the contemplated dividend and for the following six months Excess Availability will be at least the greater of 20.0% of the Loan Cap and $10,000 and (ii) after giving pro forma effect to the contemplated dividend, the Consolidated Fixed Charge Coverage Ratio for the 12 months preceding such dividend will be greater than or equal to 1.0 to 1.0 (provided that the Consolidated Fixed Charge Coverage Ratio may be less than 1.0 to 1.0 if, after giving pro forma effect to the contemplated dividend, Excess Availability for the six fiscal months following the dividend is at least the greater of 25.0% of the Loan Cap and $12,500). On November 1, 2019, Vince, LLC entered into the First Amendment (the “First Revolver Amendment”) to the 2018 Revolving Credit Facility, which provided the borrower the ability to elect the Daily LIBOR Rate in lieu of the Base Rate to be applied to the borrowings upon applicable notice. The “Daily LIBOR Rate” means a rate equal to the Adjusted LIBOR Rate in effect on such day for deposits for a one day period, provided that, upon notice and not more than once every 90 days, such rate may be substituted for a one week or one month period for the Adjusted LIBOR Rate for a one day period. On November 4, 2019, Vince, LLC entered into the Second Amendment (the “Second Revolver Amendment”) to the credit agreement of the 2018 Revolving Credit Facility. The Second Revolver Amendment increased the aggregate commitments under the 2018 Revolving Credit Facility by $20,000 to $100,000. Pursuant to the terms of the Second Revolver Amendment, the Acquired Businesses became guarantors under the 2018 Revolving Credit Facility and jointly and severally liable for the obligations thereunder. On June 8, 2020, Vince, LLC entered into the Third Amendment ( the “Third Revolver Amendment” The Third Revolver Amendment also (a) waived events of default; (b) temporarily increased the applicable margin on all borrowings of revolving loans by 0.75% per annum during the Third Amendment Accommodation Period and increased the LIBOR floor from 0% to 1.0%; (c) eliminated Vince, LLC’s and any loan party’s ability to designate subsidiaries as unrestricted and to make certain payments, restricted payments and investments during the Third Amendment Extended Accommodation Period; (d) temporarily suspended the Fixed Charge Coverage Ratio covenant through the Third Amendment Extended Accommodation Period; (e) required Vince, LLC to maintain a Fixed Charge Coverage Ratio of 1.0 to 1.0 in the event the excess availability under the 2018 Revolving Credit Facility was less than (x) $10,000 between September 6, 2020 and January 9, 2021, (y) $12,500 between January 10, 2021 and January 31, 2021 and (z) $15,000 at all other times during the Third Amendment Extended Accommodation Period; (f) imposed a requirement (y) to pay down the 2018 Revolving Credit Facility to the extent cash on hand exceeded $5,000 on the last day of each week and (z) that, after giving effect to any borrowing thereunder, Vince, LLC may have no more than $5,000 of cash on hand; (g) permitted Vince, LLC to incur up to $8,000 of additional secured debt (in addition to any interest accrued or paid in kind), to the extent subordinated to the 2018 Revolving Credit Facility on terms reasonably acceptable to Citizens; (h) established a method for imposing a successor reference rate if LIBOR should become unavailable, (i) extend ed the delivery periods for (x) annual financial statements for the fiscal year ended February 1, 2020 to June 15, 2020 and (y) quarterly financial statements for the fiscal quarters ended May 2, 2020 and August 1, 2020 to July 31, 2020 and October 29, 2020, respectively, and (j) grant ed ongoing relief through September 30, 2020 with respect to certain covenants regarding the payment of lease obligations. On December 11, 2020, Vince, LLC entered into the Fifth Amendment (the “Fifth Revolver Amendment”) to the 2018 Revolving Credit Facility. The Fifth Revolver Amendment, among other things, (i) extended the period from November 30, 2020 to July 31, 2021 (such period, “Accommodation Period”), during which the eligibility of certain account debtors was revised by extending by 30 days the time those accounts may remain outstanding past due as well as increasing the concentration limits of certain account debtors; (ii) extended the period through which the applicable margin on all borrowings of revolving loans by 0.75% per annum during such Accommodation Period; (iii) extended the period from October 30, 2021 to January 29, 2022, during which the cap on which certain items eligible to be added back to “Consolidated EBITDA” (as defined in the 2018 Revolving Credit Facility) was increased to 27.5% from 22.5%; (iv) extended the temporary suspension of the Consolidated Fixed Charge Coverage Ratio (“FCCR”) covenant through the delivery of a compliance certificate relating to the fiscal quarter ended January 29, 2022 (such period, the “Extended Accommodation Period”), other than the fiscal quarter ending January 29, 2022; (v) required Vince, LLC to maintain an FCCR of 1.0 to 1.0 in the event the excess availability under the 2018 Revolving Credit Facility was less than (x) $7,500 through the end of the Accommodation Period; and (y) $10,000 from August 1, 2020 through the end of the Extended Accommodation Period; (vi) permitted Vince, LLC to incur the debt under the Third Lien Credit Facility (as described below); (vii) revised the definition of “Cash Dominion Trigger Amount” to mean $15,000 through the end of the Extended Accommodation Period and at all other times thereafter, 12.5% of the Loan Cap and $5,000, whichever is greater; (viii) deemed the Cash Dominion Event (as defined in the credit agreement for the 2018 Revolving Credit Facility) as triggered during the Accommodation Period; and (ix) required an engagement by the Company of a financial advisor from February 1, 2021 until March 31, 2021 (or until the excess availability was greater than 25% of the Loan Cap for a period of at least thirty days, whichever is later) to assist in the preparation of certain financial reports, including the review of the weekly cashflow reports and other items. As of April 2021, the requirement to engage a financial advisor had been satisfied. On September 7, 2021, concurrently with the Term Loan Credit Facility, Vince, LLC entered into an Amended and Restated Credit Agreement (the “A&R Revolving Credit Facility Agreement”) which, among other things, contained amendments to reflect the terms of the Term Loan Credit Facility and extends the maturity of the 2018 Revolving Credit Facility to the earlier of June 8, 2026 and 91 days prior to the maturity of the Term Loan Credit Facility. In addition, the A&R Revolving Credit Facility Agreement, among others: (i) lowered all applicable margins by 0.75%; (ii) revised the end of the Accommodation Period (as defined therein) to April 30, 2022 or an earlier date as elected by Vince, LLC; (iii) amended the borrowing base calculation to exclude Eligible Cash On Hand (as defined therein); (iv) revised the threshold under the definition of the Cash Dominion Trigger Event to be the excess availability of the greater of (a) 12.5% of the Loan Cap and (b) $11,000; (v) deleted the financial covenant and replaced it with a requirement to maintain a minimum excess availability not to be less than the greater of (a) $9,500 and (b) 10% of the commitments at any time; and (vi) revised certain representations and warranties as well as operational covenants. As of April 30, 2022, the Company was in compliance with applicable covenants. As of April 30, 2022, $41,523 was available under the 2018 Revolving Credit Facility, net of the Loan Cap, and there were $39,689 of borrowings outstanding and $5,530 of letters of credit outstanding under the 2018 Revolving Credit Facility. The weighted average interest rate for borrowings outstanding under the 2018 Revolving Credit Facility as of April 30, 2022 was 2.1%. Third Lien Credit Facility On December 11, 2020, Vince, LLC entered into a $20,000 subordinated term loan credit facility (the “Third Lien Credit Facility”) pursuant to a credit agreement (the “Third Lien Credit Agreement”), dated December 11, 2020, by and among Vince, LLC, as the borrower, VHC and Vince Intermediate, as guarantors, and SK Financial Services, LLC (“SK Financial”), as administrative agent and collateral agent, and other lenders from time to time party thereto. SK Financial is an affiliate of Sun Capital Partners, Inc. (“Sun Capital”), whose affiliates own, as of April 30, 2022, approximately 70% of the Company’s common stock. The Third Lien Credit Facility was reviewed and approved by the Special Committee of the Company’s Board of Directors, consisting solely of directors not affiliated with Sun Capital, which committee was represented by independent legal advisors. Interest on loans under the Third Lien Credit Facility is payable in kind at a rate equal to the LIBOR rate (subject to a floor of 1.0%) plus applicable margins subject to a pricing grid based on minimum Consolidated EBITDA (as defined in the Third Lien Credit Agreement). During the continuance of certain specified events of default, interest may accrue on the loans under the Third Lien Credit Facility at a rate of 2.0% in excess of the rate otherwise applicable to such amount. The Third Lien Credit Facility contains representations, covenants and conditions that were substantially similar to those under the 2018 Term Loan Facility, except the Third Lien Credit Facility does not contain any financial covenants. The Company incurred $ 485 in deferred financing costs associated with the Third Lien Credit Facility of which a $ 400 closing fee is payable in kind and was added to the principal balance. These deferred financing costs are recorded as deferred debt issuance costs which will be amortized over the remaining term of the Third Lien Credit Facility. All obligations under the Third Lien Credit Facility are guaranteed by the Company, Vince Intermediate and the Company’s existing material domestic restricted subsidiaries as well as any future material domestic restricted subsidiaries and are secured on a junior basis relative to the 2018 Revolving Credit Facility and the 2018 Term Loan Facility by a lien on substantially all of the assets of the Company, Vince Intermediate, Vince, LLC and the Company’s existing material domestic restricted subsidiaries as well as any future material domestic restricted subsidiaries. The proceeds were received on December 11, 2020 and were used to repay a portion of the borrowings outstanding under the 2018 Revolving Credit Facility. On September 7, 2021, concurrently with the Term Loan Credit Facility as well as the A&R Revolving Credit Facility Agreement, Vince, LLC entered into an amendment (the “Third Lien First Amendment”) to the Third Lien Credit Facility which amended its terms to extend its maturity to March 6, 2027, revised the interest rate to remove the tiered applicable margins so that the rate is now equal to the 90-day LIBOR rate, or an alternate applicable reference rate in the event LIBOR is no longer available, plus 9.0% at all times, and to reflect the applicable terms of the Term Loan Credit Facility as well as the A&R Revolving Credit Facility Agreement.

Inventory

Inventory	3 Months Ended
	Apr. 30, 2022
Inventory Disclosure [Abstract]
Inventory	Note 5. Inventory Inventories consisted of finished goods. As of April 30, 2022 and January 29, 2022, finished goods, net of reserves were $83,347 and $78,564, respectively.

Share-Based Compensation

Share-Based Compensation	3 Months Ended
	Apr. 30, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-Based Compensation	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. 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 1,000,000 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 cancelled 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 April 30, 2022, there were 1,075,293 shares under the Vince 2013 Incentive Plan available for future grants. Options granted pursuant to the Vince 2013 Incentive Plan typically vest in equal installments over four years, subject to the employees’ continued employment and expire on the earlier of the tenth anniversary of the grant date or upon termination as outlined in the Vince 2013 Incentive Plan. Restricted stock units (“RSUs”) granted typically vest in equal installments over a three-year Employee Stock Purchase Plan The Company maintains an employee stock purchase plan (“ESPP”) for its employees. Under the ESPP, all eligible employees may contribute up to 10% of their base compensation, up to a maximum contribution of $10 per year. The purchase price of the stock is 90% of the fair market value, with purchases executed on a quarterly basis. The plan is defined as compensatory, and accordingly, a charge for compensation expense is recorded to selling, general and administrative (“SG&A”) expense for the difference between the fair market value and the discounted purchase price of the Company’s common stock. During the three months ended April 30, 2022, 2,663 shares of common stock were issued under the ESPP. During the three months ended May 1, 2021, 4,832 shares of common stock were issued under the ESPP. As of April 30, 2022, there were 67,437 shares available for future issuance under the ESPP. Stock Options A summary of stock option activity for the three months ended April 30, 2022 is as follows: Stock Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term (years) Aggregate Intrinsic Value (in Outstanding at January 29, 2022 58 $ 38.77 3.7 $ — Granted — $ — Exercised — $ — Forfeited or expired — $ — Outstanding at April 30, 2022 58 $ 38.77 3.4 $ — Vested and exercisable at April 30, 2022 58 $ 38.77 3.4 $ — Restricted Stock Units A summary of restricted stock unit activity for the three months ended April 30, 2022 is as follows: Restricted Stock Units Weighted Average Grant Date Fair Value Non-vested restricted stock units at January 29, 2022 628,883 $ 10.48 Granted 3,250 $ 9.11 Vested (118,831 ) $ 9.61 Forfeited (23,594 ) $ 11.12 Non-vested restricted stock units at April 30, 2022 489,708 $ 10.65 Share-Based Compensation Expense The Company recognized share-based compensation expense of $609 and $331, including expense of $126 and $63 related to non-employees, during the three months ended April 30, 2022 and May 1, 2021, respectively.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Apr. 30, 2022
Equity [Abstract]
Stockholders' Equity	Note 7. Stockholders’ Equity At-the-Market Offering On September 9, 2021, the Company filed a shelf registration statement on Form S-3, which was declared effective on September 21, 2021 (the “Registration Statement”). Under the Registration Statement, the Company may 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. In connection with the filing of the Registration Statement, the Company entered into an Open Market Sale Agreement SM

Earnings (Loss) Per Share

Earnings (Loss) Per Share	3 Months Ended
	Apr. 30, 2022
Earnings Per Share [Abstract]
Earnings (Loss) Per Share	Note 8. Earnings (Loss) Per Share Basic earnings (loss) per share is calculated by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Except when the effect would be anti-dilutive, diluted earnings (loss) per share is calculated based on the weighted average number of shares of common stock outstanding plus the dilutive effect of share-based awards calculated under the treasury stock method. In periods when we have a net loss, share-based awards are excluded from our calculation of earnings per share as their inclusion would have an anti-dilutive effect. The following is a reconciliation of weighted average basic shares to weighted average diluted shares outstanding: Three Months Ended April 30, May 1, 2022 2021 Weighted-average shares—basic 12,030,826 11,812,710 Effect of dilutive equity securities — — Weighted-average shares—diluted 12,030,826 11,812,710 Because the Company incurred a net loss for the three months ended April 30, 2022 and May 1, 2021, weighted-average basic shares and weighted-average diluted shares outstanding are equal for the periods.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Apr. 30, 2022
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	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,

Income Taxes

Income Taxes	3 Months Ended
	Apr. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	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. In interim periods where the entity is experiencing losses, an entity must make assumptions concerning its future taxable income and determine whether the realization of future tax benefits is more likely than not. ordinary losses for the interim period and is anticipating annual ordinary income for the fiscal year. The Company has determined that it is more likely than not that the tax benefit of the year-to-date loss will not be realized in the current or future years and accordingly, the Company’s was 0% for the three months ended April 30, 2022. represents the non-cash deferred tax expense created by the current period amortization of indefinite-lived goodwill and intangible assets for tax but not for book purposes. A portion of these deferred tax liabilities cannot be used as a source to support the realization of certain deferred tax assets related to the Company’s net operating losses which results in tax expense to record these deferred tax liabilities. included a correction of an error of $882 related to the state tax impact of the non-cash deferred tax expense created by the amortization of indefinite-lived goodwill and intangible assets as previously recorded in the fourth quarter of fiscal 2020 the increase in deferred tax liabilities attributable to indefinite-lived goodwill and intangible assets as described above, as well as state and foreign taxes partially offset by the impact of the valuation allowance established against additional deferred tax assets. 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.

Leases

Leases	3 Months Ended
	Apr. 30, 2022
Leases [Abstract]
Leases	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 the Company’s more recent leases are subject to shorter terms as a result of the implementation of the strategy to pursue shorter lease terms. 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 Company’s credit rating, lease size and duration to calculate the present value. Total lease cost is included in cost of sales and SG&A expense in the accompanying condensed consolidated statements of operations and comprehensive income (loss) and is recorded net of immaterial sublease income. Some leases have a non-cancelable lease term of less than one year and therefore, the Company has elected to exclude these short-term leases from our ROU asset and lease liabilities. Short term lease costs were immaterial for the three months ended April 30, 2022 and May 1, 2021. The Company’s lease cost is comprised of the following: Three Months Ended April 30, May 1, (in thousands) 2022 2021 Operating lease cost $ 6,320 $ 6,274 Variable operating lease cost 234 142 Total lease cost $ 6,554 $ 6,416 As of April 30, 2022, the future maturity of lease liabilities are as follows: April 30, (in thousands) 2022 Fiscal 2022 $ 21,227 Fiscal 2023 28,017 Fiscal 2024 24,915 Fiscal 2025 16,632 Fiscal 2026 11,162 Thereafter 33,284 Total lease payments 135,237 Less: Imputed interest (23,294 ) Total operating lease liabilities $ 111,943 The operating lease payments do not include any renewal options as such leases are not reasonably certain of being renewed as of April 30, 2022, and do not include $11,497 of legally binding minimum lease payments for leases signed but not yet commenced.

Segment Financial Information

Segment Financial Information	3 Months Ended
	Apr. 30, 2022
Segment Reporting [Abstract]
Segment Financial Information	Note 12. Segment Financial Information The Company has identified three reportable segments, as further described below. 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 segment—consists 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 segment—consists 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, e-commerce platform and its subscription service Vince Unfold; and • Rebecca Taylor and Parker segment—consists of the Company’s operations to distribute Rebecca Taylor and Parker brand products to high-end department and specialty stores in the U.S. and select international markets, directly to the consumer through their own branded e-commerce platforms and Rebecca Taylor retail and outlet stores, and through its subscription service Rebecca Taylor RNTD. The accounting policies of the Company’s reportable segments are consistent with those described in Note 1 to the audited consolidated financial statements of VHC for the fiscal year ended January 29, 2022 included in the 2021 Annual Report on Form 10-K. Unallocated corporate expenses are related to the Vince brand and are comprised of selling, general, and administrative expenses attributable to corporate and administrative activities (such as marketing, design, finance, information technology, legal and human resource departments), and other charges that are not directly attributable to the Company’s Vince Wholesale and Vince Direct-to-consumer reportable segments. Unallocated corporate assets are related to the Vince brand and are comprised of the carrying values of the Company’s goodwill and tradename, deferred tax assets, and other assets that will be utilized to generate revenue for the Company’s Vince Wholesale and Vince Direct-to-consumer reportable segments. Beginning with the fourth quarter of fiscal 2021, the Company changed the allocation methodology for certain corporate operational expenses and assets between Vince Wholesale and Vince Direct-to-consumer segments. The prior period has been updated to conform to the current allocation methodology. These changes did not impact the Company’s previously reported consolidated financial results. Summary information for the Company’s reportable segments is presented below. (in thousands) Vince Wholesale Vince Direct-to-consumer Rebecca Taylor and Parker Unallocated Corporate Total Three Months Ended April 30, 2022 Net Sales (1) $ 33,464 $ 34,782 $ 10,130 $ — $ 78,376 Income (loss) before income taxes 10,163 (802 ) (1,484 ) (15,046 ) (7,169 ) Three Months Ended May 1, 2021 Net Sales (2) $ 26,799 $ 23,932 $ 6,802 $ — $ 57,533 Income (loss) before income taxes 8,835 (1,665 ) (3,263 ) (12,886 ) (8,979 ) (in thousands) Vince Wholesale Vince Direct-to-consumer Rebecca Taylor and Parker Unallocated Corporate Total April 30, 2022 Total Assets $ 67,437 $ 103,231 $ 33,321 $ 125,329 $ 329,318 January 29, 2022 Total Assets $ 64,502 $ 108,019 $ 38,825 $ 125,881 $ 337,227 (1) (2)

Related Party Transactions

Related Party Transactions	3 Months Ended
	Apr. 30, 2022
Related Party Transactions [Abstract]
Related Party Transactions	Note 13. Related Party Transactions Third Lien Credit Agreement On December 11, 2020, Vince, LLC entered into the $20,000 Third Lien Credit Facility pursuant to the Third Lien Credit Agreement, by and among Vince, LLC, as the borrower, SK Financial, as agent and lender, and other lenders from time-to-time party thereto. SK Financial is an affiliate of Sun Capital, whose affiliates own, as of April 30, 2022, approximately 70% of the Company’s common stock. The Third Lien Credit Facility was reviewed and approved by the Special Committee of the Company’s Board of Directors, consisting solely of directors not affiliated with Sun Capital, which committee was represented by independent legal advisors. See Note 4 “Long-Term Debt and Financing Arrangements” for additional information. Tax Receivable Agreement VHC entered into a Tax Receivable Agreement with the Pre-IPO Stockholders on November 27, 2013. The Company and its former subsidiaries generated certain tax benefits (including net operating losses and tax credits) prior to the Restructuring Transactions consummated in connection with the Company’s IPO and will generate certain section 197 intangible deductions (the “Pre-IPO Tax Benefits”), which would reduce the actual liability for taxes that the Company might otherwise be required to pay. The Tax Receivable Agreement provides for payments to the Pre-IPO Stockholders in an amount equal to 85% of the aggregate reduction in taxes payable realized by the Company and its subsidiaries from the utilization of the Pre-IPO Tax Benefits (the “Net Tax Benefit”). For purposes of the Tax Receivable Agreement, the Net Tax Benefit equals (i) with respect to a taxable year, the excess, if any, of (A) the Company’s liability for taxes using the same methods, elections, conventions and similar practices used on the relevant company return assuming there were no Pre-IPO Tax Benefits over (B) the Company’s actual liability for taxes for such taxable year (the “Realized Tax Benefit”), plus (ii) for each prior taxable year, the excess, if any, of the Realized Tax Benefit reflected on an amended schedule applicable to such prior taxable year over the Realized Tax Benefit reflected on the original tax benefit schedule for such prior taxable year, minus (iii) for each prior taxable year, the excess, if any, of the Realized Tax Benefit reflected on the original tax benefit schedule for such prior taxable year over the Realized Tax Benefit reflected on the amended schedule for such prior taxable year; provided, however, that to the extent any of the adjustments described in clauses (ii) and (iii) were reflected in the calculation of the tax benefit payment for any subsequent taxable year, such adjustments shall not be taken into account in determining the Net Tax Benefit for any subsequent taxable year. To the extent that the Company is unable to make the payment under the Tax Receivable Agreement when due under the terms of the Tax Receivable Agreement for any reason, such payment would be deferred and would accrue interest at a default rate of LIBOR plus 500 basis points until paid, instead of the agreed rate of LIBOR plus 200 basis points per annum in accordance with the terms of the Tax Receivable Agreement. As of April 30, 2022, the Company’s total obligation under the Tax Receivable Agreement was estimated to be $0 based on projected future pre-tax income. Sun Capital Consulting Agreement On November 27, 2013, the Company entered into an agreement with Sun Capital Management to (i) reimburse Sun Capital Management Corp. (“Sun Capital Management”) or any of its affiliates providing consulting services under the agreement for out-of-pocket expenses incurred in providing consulting services to the Company and (ii) provide Sun Capital Management with customary indemnification for any such services. During the three months ended April 30, 2022 and May 1, 2021, the Company incurred expenses of $8 and $2, respectively, under the Sun Capital Consulting Agreement.

Description of Business and B_2

Description of Business and Basis of Presentation (Policies)	3 Months Ended
	Apr. 30, 2022
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Description of Business	(A) Description of Business: The Company is a global contemporary group, consisting of three brands: Vince, Rebecca Taylor, and Parker. Vince, established in 2002, is a leading global luxury apparel and accessories brand best known for creating elevated yet understated pieces for every day effortless style. Rebecca Taylor, founded in 1996 in New York City, is a contemporary womenswear line lauded for its signature prints, romantic detailing and vintage inspired aesthetic, reimagined for a modern era . Parker, founded in 2008 in New York City, is a contemporary women’s fashion brand that is trend focused. While we continue to believe that the Parker brand complements our portfolio, during the first half of fiscal 2020 the Company decided to pause the creation of new products to focus resources on the operations of the Vince and Rebecca Taylor brands. The Company reaches its customers through a variety of channels, specifically through major wholesale department stores and specialty stores in the United States (“U.S.”) and select international markets, as well as through the Company’s branded retail locations and the Company’s websites. The Company designs products in the U.S. and sources the vast majority of products from contract manufacturers outside the U.S., primarily in Asia. Products are manufactured to meet the Company’s product specifications and labor standards.
Basis of Presentation	(B) Basis of Presentation : The accompanying condensed consolidated financial statements have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) and the rules and regulations of the U.S. Securities and Exchange Commission (the “SEC”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted. Therefore, these financial statements should be read in conjunction with VHC’s audited financial statements for the fiscal year ended January 29, 2022, as set forth in the 2021 Annual Report on Form 10-K. The condensed consolidated financial statements include the Company’s accounts and the accounts of the Company’s wholly-owned subsidiaries as of April 30, 2022. All intercompany accounts and transactions have been eliminated in consolidation. In the opinion of management, the accompanying unaudited condensed consolidated financial statements contain all adjustments (consisting solely of normal recurring adjustments) and disclosures necessary for a fair statement. The results of operations for these periods are not necessarily comparable to, or indicative of, results of any other interim period or the fiscal year as a whole.
Use of Estimates	(C) Use of Estimates : The preparation of financial statements in conformity with GAAP requires that management make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements which affect revenues and expenses during the period reported. Estimates are adjusted when necessary to reflect actual experience. Significant estimates and assumptions may affect many items in the financial statements. Actual results could differ from estimates and assumptions in amounts that may be material to the consolidated financial statements.
COVID 19	(D) COVID-19 : The spread of the novel coronavirus (“COVID-19”), which was declared a pandemic by the World Health Organization in March 2020, remains highly volatile, particularly in light of ongoing vaccination efforts and emerging strains of the virus. In response, we implemented various measures to effectively manage our business as well as the impacts from the COVID-19 pandemic, including (i) serving our customers through our online e-commerce websites during the periods in which we were forced to shut down retail locations or operate with reduced shopping hours, alongside other retailers, including our wholesale partners, in accordance with state and local regulations related to the COVID-19 pandemic; (ii) engaging with our lenders to provide additional liquidity and increased operational flexibility; (iii) temporarily reducing retained employee salaries and suspending board retainer fees; (iv) engaging with our landlords to address the operating environment throughout the COVID-19 pandemic, including amending existing lease terms; and (v) streamlining our expense structure and carefully managing operational initiatives to align with the business environment and sales opportunities. The unpredictable nature of the COVID-19 pandemic could negatively affect the outcome of the measures intended to address its impact and/or our current expectations of our future business performance
Sources And Uses Of Liquidity	(E) Sources and Uses of Liquidity: The Company’s sources of liquidity are cash and cash equivalents, cash flows from operations, if any, borrowings available under the 2018 Revolving Credit Facility (as amended and restated and as defined below) and the Company’s ability to access capital markets, including the Open Market Sale Agreement SM Based on our current expectations, we believe that our sources of liquidity will generate sufficient cash flows to meet our obligations during the next twelve months from the date these financial statements are issued. The Company’s recent financial results have been, and its future financial results may be, subject to substantial fluctuations, and may be impacted by business conditions and macroeconomic factors, including the impact of the COVID-19 pandemic and the armed conflict between Ukraine and Russia. The Company’s ability to continue to meet its obligations is dependent on its ability to generate positive cash flow from a combination of initiatives and any failure to successfully implement these initiatives c ould require the Company to implement alternative plans to satisfy its liquidity needs. In the event that the Company is unable to timely service its debt, meet other contractual payment obligations or fund other liquidity needs, the Company may need to refinance all or a portion of its indebtedness before maturity, seek waivers of or amendments to contractual obligations for payment, reduce or delay scheduled expansions and capital expenditures, sell material assets or operations or seek other financing opportunities.
Revenue Recognition	(F) Revenue Recognition: The Company recognizes revenue when performance obligations identified under the terms of contracts with its customers are satisfied, which generally occurs upon the transfer of control in accordance with the contractual terms and conditions of the sale. Sales are recognized when the control of the goods are transferred to the customer for the Company’s wholesale business, upon receipt by the customer for the Company’s e-commerce business, and at the time of sale to the consumer for the Company’s retail business. See Note 12 “Segment Financial Information” for disaggregated revenue amounts by segment. Revenue associated with gift cards is recognized upon redemption and unredeemed balances are considered a contract liability and recorded within other accrued expenses, which are subject to escheatment within the jurisdictions in which it operates. As of April 30, 2022 and January 29, 2022, the contract liability was $1,744 and $1,739, respectively. For the three months ended April 30, 2022, the Company recognized $133 of revenue that was previously included in the contract liability as of January 29, 2022.
Recent Accounting Pronouncements	(G) 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 In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-13: “ Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	3 Months Ended
	Apr. 30, 2022
Goodwill And Intangible Assets Disclosure [Abstract]
Summary of Net Goodwill Balances	Net goodwill balances and changes therein by segment were as follows: (in thousands) Vince Wholesale Vince Direct-to-consumer Rebecca Taylor and Parker Total Net Goodwill Balance as of January 29, 2022 $ 31,973 $ — $ — $ 31,973 Balance as of April 30, 2022 $ 31,973 $ — $ — $ 31,973
Summary of Identifiable Intangible Assets	The following tables present a summary of identifiable intangible assets: (in thousands) Gross Amount Accumulated Amortization Accumulated Impairments Net Book Value Balance as of April 30, 2022 Amortizable intangible assets: Customer relationships $ 31,355 $ (21,785 ) $ (6,115 ) $ 3,455 Tradenames 13,100 (157 ) (12,527 ) 416 Indefinite-lived intangible assets: Tradenames 110,986 — (39,186 ) 71,800 Total intangible assets $ 155,441 $ (21,942 ) $ (57,828 ) $ 75,671 (in thousands) Gross Amount Accumulated Amortization Accumulated Impairments Net Book Value Balance as of January 29, 2022 Amortizable intangible assets: Customer relationships $ 31,355 $ (21,635 ) $ (6,115 ) $ 3,605 Tradenames 13,100 (143 ) (12,527 ) 430 Indefinite-lived intangible assets: Tradenames 110,986 — (39,186 ) 71,800 Total intangible assets $ 155,441 $ (21,778 ) $ (57,828 ) $ 75,835

Long-Term Debt and Financing _2

Long-Term Debt and Financing Arrangements (Tables)	3 Months Ended
	Apr. 30, 2022
Debt Disclosure [Abstract]
Summary of Long-Term Debt	Long-term debt consisted of the following: April 30, January 29, (in thousands) 2022 2022 Long-term debt: Term Loan Facilities $ 35,000 $ 35,000 Revolving Credit Facilities 39,689 34,624 Third Lien Credit Facility 23,786 23,087 Total debt principal 98,475 92,711 Less: current portion of long-term debt 3,500 2,625 Less: deferred financing costs 1,145 1,217 Total long-term debt $ 93,830 $ 88,869

Share-Based Compensation (Table

Share-Based Compensation (Tables)	3 Months Ended
	Apr. 30, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Stock Option Activity	A summary of stock option activity for the three months ended April 30, 2022 is as follows: Stock Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term (years) Aggregate Intrinsic Value (in Outstanding at January 29, 2022 58 $ 38.77 3.7 $ — Granted — $ — Exercised — $ — Forfeited or expired — $ — Outstanding at April 30, 2022 58 $ 38.77 3.4 $ — Vested and exercisable at April 30, 2022 58 $ 38.77 3.4 $ —
Schedule of Restricted Stock Units Activity	A summary of restricted stock unit activity for the three months ended April 30, 2022 is as follows: Restricted Stock Units Weighted Average Grant Date Fair Value Non-vested restricted stock units at January 29, 2022 628,883 $ 10.48 Granted 3,250 $ 9.11 Vested (118,831 ) $ 9.61 Forfeited (23,594 ) $ 11.12 Non-vested restricted stock units at April 30, 2022 489,708 $ 10.65

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	3 Months Ended
	Apr. 30, 2022
Earnings Per Share [Abstract]
Schedule of Reconciliation of Weighted Average Basic Shares to Weighted Average Diluted Shares Outstanding	The following is a reconciliation of weighted average basic shares to weighted average diluted shares outstanding: Three Months Ended April 30, May 1, 2022 2021 Weighted-average shares—basic 12,030,826 11,812,710 Effect of dilutive equity securities — — Weighted-average shares—diluted 12,030,826 11,812,710

Leases (Tables)

Leases (Tables)	3 Months Ended
	Apr. 30, 2022
Leases [Abstract]
Summary of Lease Cost	The Company’s lease cost is comprised of the following: Three Months Ended April 30, May 1, (in thousands) 2022 2021 Operating lease cost $ 6,320 $ 6,274 Variable operating lease cost 234 142 Total lease cost $ 6,554 $ 6,416
Summary of Future Maturity of Lease Liabilities	As of April 30, 2022, the future maturity of lease liabilities are as follows: April 30, (in thousands) 2022 Fiscal 2022 $ 21,227 Fiscal 2023 28,017 Fiscal 2024 24,915 Fiscal 2025 16,632 Fiscal 2026 11,162 Thereafter 33,284 Total lease payments 135,237 Less: Imputed interest (23,294 ) Total operating lease liabilities $ 111,943

Segment Financial Information (

Segment Financial Information (Tables)	3 Months Ended
	Apr. 30, 2022
Segment Reporting [Abstract]
Summary of Reportable Segments Information	Summary information for the Company’s reportable segments is presented below. (in thousands) Vince Wholesale Vince Direct-to-consumer Rebecca Taylor and Parker Unallocated Corporate Total Three Months Ended April 30, 2022 Net Sales (1) $ 33,464 $ 34,782 $ 10,130 $ — $ 78,376 Income (loss) before income taxes 10,163 (802 ) (1,484 ) (15,046 ) (7,169 ) Three Months Ended May 1, 2021 Net Sales (2) $ 26,799 $ 23,932 $ 6,802 $ — $ 57,533 Income (loss) before income taxes 8,835 (1,665 ) (3,263 ) (12,886 ) (8,979 ) (in thousands) Vince Wholesale Vince Direct-to-consumer Rebecca Taylor and Parker Unallocated Corporate Total April 30, 2022 Total Assets $ 67,437 $ 103,231 $ 33,321 $ 125,329 $ 329,318 January 29, 2022 Total Assets $ 64,502 $ 108,019 $ 38,825 $ 125,881 $ 337,227 (1) (2)

Description of Business and B_3

Description of Business and Basis of Presentation - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	Jan. 29, 2022
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Contract liability	$ 1,744	$ 1,739
Revenue recognized included in contract liability	$ 133

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Summary of Net Goodwill Balances (Detail) $ in Thousands	Apr. 30, 2022USD ($)
Goodwill [Line Items]
Beginning balance - Total Net Goodwill	$ 31,973
Ending balance - Total Net Goodwill	31,973
Vince [Member] | Wholesale [Member]
Goodwill [Line Items]
Beginning balance - Total Net Goodwill	31,973
Ending balance - Total Net Goodwill	$ 31,973

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Goodwill And Intangible Assets Disclosure [Abstract]
Accumulated impairments goodwill	$ 101,845
Amortization of identifiable intangible assets	164	$ 164
Estimated amortization of identifiable intangible assets, year one	655
Estimated amortization of identifiable intangible assets, year two	655
Estimated amortization of identifiable intangible assets, year three	655
Estimated amortization of identifiable intangible assets, year four	655
Estimated amortization of identifiable intangible assets, year five	$ 655

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Summary of Identifiable Intangible Assets (Detail) - USD ($) $ in Thousands	Apr. 30, 2022	Jan. 29, 2022
Identifiable Intangible Assets [Line Items]
Gross Amount	$ 155,441	$ 155,441
Accumulated Amortization	(21,942)	(21,778)
Total Intangible assets, Accumulated impairments	(57,828)	(57,828)
Net Book Value	75,671	75,835
Tradenames [Member]
Identifiable Intangible Assets [Line Items]
Gross Amount	110,986	110,986
Total Intangible assets, Accumulated impairments	(39,186)	(39,186)
Net Book Value	71,800	71,800
Customer Relationships [Member]
Identifiable Intangible Assets [Line Items]
Gross Amount	31,355	31,355
Accumulated Amortization	(21,785)	(21,635)
Accumulated Impairments	(6,115)	(6,115)
Net Book Value	3,455	3,605
Tradenames [Member]
Identifiable Intangible Assets [Line Items]
Gross Amount	13,100	13,100
Accumulated Amortization	(157)	(143)
Accumulated Impairments	(12,527)	(12,527)
Net Book Value	$ 416	$ 430

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($)	Apr. 30, 2022	Jan. 29, 2022	Sep. 07, 2021	Dec. 11, 2020
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Non-financial assets recognized at fair value	$ 0	$ 0
Non-financial liabilities recognized at fair value	0	0
Total long-term debt principal	98,475,000	92,711,000
Term Loan Credit Facility [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total long-term debt principal			$ 35,000,000
Term Loan Credit Facility [Member] | Level 3 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Fair value of term loan facility	34,000,000
Third Lien Credit Agreement [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Total long-term debt principal	23,786,000	$ 23,087,000		$ 20,000,000
Third Lien Credit Agreement [Member] | Level 3 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Fair value of term loan facility	$ 24,000,000

Long-Term Debt and Financing _3

Long-Term Debt and Financing Arrangements - Summary of Long-Term Debt (Detail) - USD ($)	Apr. 30, 2022	Jan. 29, 2022	Dec. 11, 2020
Long-term debt:
Total debt principal	$ 98,475,000	$ 92,711,000
Less: current portion of long-term debt	3,500,000	2,625,000
Less: deferred financing costs	1,145,000	1,217,000
Total long-term debt	93,830,000	88,869,000
Term Loan Facilities [Member]
Long-term debt:
Total debt principal	35,000,000	35,000,000
Revolving Credit Facilities [Member]
Long-term debt:
Total debt principal	39,689,000	34,624,000
Third Lien Credit Agreement [Member]
Long-term debt:
Total debt principal	$ 23,786,000	$ 23,087,000	$ 20,000,000

Long-Term Debt and Financing _4

Long-Term Debt and Financing Arrangements - Additional Information (Detail) - USD ($)	Sep. 07, 2021	Jun. 07, 2020	Apr. 30, 2022	Apr. 30, 2022	Jan. 29, 2022
Debt Instrument [Line Items]
Total long-term debt principal			$ 98,475,000	$ 98,475,000	$ 92,711,000
Variable rate percentage		0.00%
2018 Term Loan Facility [Member] | Vince, LLC [Member]
Debt Instrument [Line Items]
Repayment of borrowings under the Term Loan Facilities	$ 27,500,000
Term Loan Credit Facility [Member]
Debt Instrument [Line Items]
Total long-term debt principal	$ 35,000,000
Debt instrument, maturity date	Sep. 7, 2026
Debt instrument, maturity date description			The Term Loan Credit Facility matures on the earlier of September 7, 2026 and 91 days after the maturity date of the 2018 Revolving Credit Facility
Term Loan Credit Facility [Member] | Vince, LLC [Member]
Debt Instrument [Line Items]
Repayment of borrowings under the Term Loan Facilities				$ 0
Payments of principal balance	$ 875,000
Credit facility, interest rate description			Interest is payable on loans under the Term Loan Credit Facility at a rate equal to the 90-day LIBOR rate, or an alternate applicable reference rate in the event LIBOR is no longer available, subject, in either case, to a 1.0% floor, plus 7.0%. During the continuance of certain specified events of default, interest will accrue on the overdue amount of any loan at a rate of 2.0% in excess of the rate otherwise applicable to such amount.
Debt instrument, accrued interest rate, percentage	1.00%
Variable rate percentage	7.00%
Debt instrument, requirement to maintain minimum availability under facility as percentage of commitments	10.00%
Debt instrument, requirement to maintain minimum availability under facility as commitments	$ 9,500,000
Term Loan Credit Facility [Member] | Vince, LLC [Member] | Pro Forma [Member]
Debt Instrument [Line Items]
Percentage of excess availability greater than loan	25.00%
Pro forma excess availability	$ 15,000,000
Term Loan Credit Facility [Member] | Vince, LLC [Member] | Interest Rate on Overdue Loan Amount [Member]
Debt Instrument [Line Items]
Variable rate percentage	2.00%

Long-Term Debt and Financing _5

Long-Term Debt and Financing Arrangements - Additional Information 1 (Detail)	Sep. 07, 2021USD ($)	Dec. 11, 2020USD ($)	Jun. 08, 2020USD ($)	Jun. 07, 2020	Nov. 04, 2019USD ($)	Aug. 21, 2018USD ($)	Apr. 30, 2022USD ($)	Jan. 29, 2022	Oct. 30, 2021
Line Of Credit Facility [Line Items]
Variable rate percentage				0.00%
2018 Revolving Credit Facility [Member]
Line Of Credit Facility [Line Items]
Amount available under the Revolving Credit Facility							$ 41,523,000
Amount outstanding under the credit facility							39,689,000
Letters of credit amount outstanding							$ 5,530,000
Weighted average interest rate for borrowings outstanding							2.10%
Third Revolver Amendment [Member]
Line Of Credit Facility [Line Items]
Increased aggregate commitments amount			$ 110,000,000
Variable rate percentage			1.00%
Consolidated fixed charge coverage ratio			1
Maximum percentage of EBITDA			22.50%						27.50%
Increase in applicable margin rate			0.75%
Amount requirement to pay down to extent cash on hand			$ 5,000,000
Cash on hand			5,000,000
Secured debt			8,000,000
Third Revolver Amendment [Member] | Between September 6, 2020 and January 9, 2021 [Member]
Line Of Credit Facility [Line Items]
Maximum excess available under facility			10,000,000
Third Revolver Amendment [Member] | Between January 10, 2021 and January 31, 2021 [Member]
Line Of Credit Facility [Line Items]
Maximum excess available under facility			12,500,000
Third Revolver Amendment [Member] | All Other Times During Extended Accommodation Period [Member]
Line Of Credit Facility [Line Items]
Maximum excess available under facility			$ 15,000,000
Fifth Amendment to 2018 Revolving Credit Facility [Member]
Line Of Credit Facility [Line Items]
Consolidated fixed charge coverage ratio		1
Increase in applicable margin rate		0.75%
Maximum percentage of EBITDA								27.50%	22.50%
Cash dominion trigger amount through end of extended accommodation period		$ 15,000,000
Percentage of loan cap begins after end of extended accommodation period		12.50%
Maximum loan cap amount begins after end of extended accommodation period		$ 5,000,000
Fifth Amendment to 2018 Revolving Credit Facility [Member] | Financial Advisor [Member]
Line Of Credit Facility [Line Items]
Excess availability of loan cap percentage		25.00%
Fifth Amendment to 2018 Revolving Credit Facility [Member] | Through End of Accommodation Period [Member]
Line Of Credit Facility [Line Items]
Maximum excess available under facility		$ 7,500,000
Fifth Amendment to 2018 Revolving Credit Facility [Member] | August 1, 2020 Through End of Extended Accommodation Period [Member]
Line Of Credit Facility [Line Items]
Maximum excess available under facility		$ 10,000,000
Vince, LLC [Member] | 2018 Revolving Credit Facility [Member]
Line Of Credit Facility [Line Items]
Maximum borrowing capacity						$ 80,000,000
Line of credit facility percentage increase in interest rate in case of default						2.00%
Percentage of loan less than excess availability						10.00%
Consolidated fixed charge coverage ratio						1
Vince, LLC [Member] | 2018 Revolving Credit Facility [Member] | Excess Availability Greater than 25.0% [Member]
Line Of Credit Facility [Line Items]
Percentage of excess availability greater than loan						25.00%
Pro forma excess availability						$ 12,500,000
Vince, LLC [Member] | 2018 Revolving Credit Facility [Member] | Pro Forma [Member]
Line Of Credit Facility [Line Items]
Percentage of excess availability greater than loan						20.00%
Pro forma excess availability						$ 10,000,000
Vince, LLC [Member] | 2018 Revolving Credit Facility [Member] | Federal Funds Rate [Member]
Line Of Credit Facility [Line Items]
Variable rate percentage						0.50%
Vince, LLC [Member] | 2018 Revolving Credit Facility [Member] | LIBOR [Member]
Line Of Credit Facility [Line Items]
Variable rate percentage						1.00%
Vince, LLC [Member] | 2018 Revolving Credit Facility [Member] | Maximum [Member]
Line Of Credit Facility [Line Items]
Letters of credit sublimit amount						$ 25,000,000
Increased aggregate commitments amount						$ 20,000,000
Vince, LLC [Member] | Second Amendment to 2018 Revolving Credit Facility [Member] | Maximum [Member]
Line Of Credit Facility [Line Items]
Total (new) commitments amount					$ 100,000,000
Vince, LLC [Member] | Second Amendment to 2018 Revolving Credit Facility [Member] | Minimum [Member]
Line Of Credit Facility [Line Items]
Increased aggregate commitments amount					$ 20,000,000
Vince, LLC [Member] | Amended and Restated Revolving Credit Facility Agreement [Member]
Line Of Credit Facility [Line Items]
Debt instrument, maturity date description							extends the maturity of the 2018 Revolving Credit Facility to the earlier of June 8, 2026 and 91 days prior to the maturity of the Term Loan Credit Facility
Debt instrument, maturity date	Jun. 8, 2026
Debt instrument percentage by which applicable margins are lowered	0.75%
Debt instrument, requirement to maintain minimum availability under facility as commitments	$ 9,500,000
Debt instrument, requirement to maintain minimum availability under facility as percentage of commitments	10.00%
Vince, LLC [Member] | Amended and Restated Revolving Credit Facility Agreement [Member] | Pro Forma [Member]
Line Of Credit Facility [Line Items]
Cash dominion trigger event, percentage of excess availability greater than loan	12.50%
Cash dominion trigger event excess availability	$ 11,000,000

Long-Term Debt and Financing _6

Long-Term Debt and Financing Arrangements - Additional Information 2 (Detail) - USD ($) $ in Thousands	Sep. 07, 2021	Dec. 11, 2020	Jun. 07, 2020	Apr. 30, 2022	Jan. 29, 2022
Debt Instrument [Line Items]
Total long-term debt principal				$ 98,475	$ 92,711
Variable rate percentage			0.00%
Third Lien Credit Agreement [Member]
Debt Instrument [Line Items]
Total long-term debt principal		$ 20,000
Closing fee payable in kind				400
Deferred financing costs				$ 485
Third Lien Credit Agreement [Member] | 2018 Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Payment for revolving credit facility		$ 20,000
Third Lien Credit Agreement [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Debt instrument, accrued interest rate, percentage		1.00%
Third Lien Credit Agreement [Member] | Minimum [Member] | Interest Rate on Overdue Principal Amount [Member]
Debt Instrument [Line Items]
Variable rate percentage		2.00%
Third Lien Credit Agreement [Member] | Sun Capital Partners Inc [Member]
Debt Instrument [Line Items]
Aggregate ownership of equity securities				70.00%
Third Lien First Amendment [Member]
Debt Instrument [Line Items]
Debt instrument, maturity date description	the Third Lien Credit Facility which amended its terms to extend its maturity to March 6, 2027, revised the interest rate to remove the tiered applicable margins so that the rate is now equal to the 90-day LIBOR rate, or an alternate applicable reference rate in the event LIBOR is no longer available, plus 9.0% at all times, and to reflect the applicable terms of the Term Loan Credit Facility as well as the A&R Revolving Credit Facility Agreement.
Debt instrument, maturity date	Mar. 6, 2027
Third Lien First Amendment [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Variable rate percentage	9.00%

Inventory - Additional Informat

Inventory - Additional Information (Detail) - USD ($) $ in Thousands	Apr. 30, 2022	Jan. 29, 2022
Inventory Disclosure [Abstract]
Finished goods, net of reserves	$ 83,347	$ 78,564

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Detail) - USD ($)	1 Months Ended		3 Months Ended
	Sep. 30, 2020	May 31, 2018	Apr. 30, 2022	May 01, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense			$ 609,000	$ 331,000
Non-employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense			$ 126,000	$ 63,000
Vince 2013 Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Additional shares of common stock available for issuance	1,000,000	660,000
Vince 2013 Incentive Plan [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period			4 years
Stock options granted pursuant to the plan, description			typically vest in equal installments over four years, subject to the employees’ continued employment and expire on the earlier of the tenth anniversary of the grant date or upon termination as outlined in the Vince 2013 Incentive Plan
Vince 2013 Incentive Plan [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted pursuant to the plan, description			Restricted stock units (“RSUs”) granted typically vest in equal installments over a three-year period or vest in equal installments over four years, subject to the employees’ continued employment
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employees contribution, maximum percentage of base compensation			10.00%
Maximum contribution per employee			$ 10,000
Percentage of fair market value as purchase price of stock			90.00%
Shares of common stock issued			2,663	4,832
Shares available for future issuance			67,437
Maximum [Member] | Vince 2013 Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized			1,000,000
Number of shares available for future grants			1,075,293
Maximum [Member] | Vince 2013 Incentive Plan [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation, award expiration period			10 years
Maximum [Member] | Vince 2013 Incentive Plan [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period			4 years
Minimum [Member] | Vince 2013 Incentive Plan [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period			3 years

Share-Based Compensation - Summ

Share-Based Compensation - Summary of Stock Option Activity (Detail) - $ / shares	3 Months Ended	12 Months Ended
	Apr. 30, 2022	Jan. 29, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock Options, Outstanding at beginning of period	58
Stock Options, Outstanding at end of period	58	58
Stock Options, Vested and exercisable at April 30, 2022	58
Weighted Average Exercise Price, Outstanding at beginning of period	$ 38.77
Weighted Average Exercise Price, Outstanding at end of period	38.77	$ 38.77
Weighted Average Exercise Price, Vested and exercisable at April 30, 2022	$ 38.77
Weighted Average Remaining Contractual Term (years), Outstanding	3 years 4 months 24 days	3 years 8 months 12 days
Weighted Average Remaining Contractual Term (years), Vested and exercisable at April 30, 2022	3 years 4 months 24 days

Share-Based Compensation - Sche

Share-Based Compensation - Schedule of Restricted Stock Units Activity (Detail) - Restricted Stock Units (RSUs) [Member]	3 Months Ended
	Apr. 30, 2022$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Units, Non-vested restricted stock units at January 29, 2022 | shares	628,883
Restricted Stock Units, Granted | shares	3,250
Restricted Stock Units, Vested | shares	(118,831)
Restricted Stock Units, Forfeited | shares	(23,594)
Restricted Stock Units, Non-vested restricted stock units at April 30, 2022 | shares	489,708
Weighted Average Grant Date Fair Value, Non-vested restricted stock units at January 29, 2022 | $ / shares	$ 10.48
Weighted Average Grant Date Fair Value, Granted | $ / shares	9.11
Weighted Average Grant Date Fair Value, Vested | $ / shares	9.61
Weighted Average Grant Date Fair Value, Forfeited | $ / shares	11.12
Weighted Average Grant Date Fair Value, Non-vested restricted stock units at April 30, 2022 | $ / shares	$ 10.65

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Apr. 30, 2022	Jan. 29, 2022	Sep. 09, 2021
Schedule Of Shareholders Equity [Line Items]
Common stock, shares authorized	100,000,000	100,000,000
Common stock price per share	$ 0.01	$ 0.01
Proceeds from common stock issuance	$ 305
Registration Statement [Member]
Schedule Of Shareholders Equity [Line Items]
Authorized common stock shares available for sale from time to time in one or more offerings			3,000,000
At-the-Market Offering [Member]
Schedule Of Shareholders Equity [Line Items]
Common stock, shares authorized			1,000,000
Common stock price per share			$ 0.01
Stock issued during period, shares	36,874
Proceeds from common stock issuance	$ 305
Sale of stock, price per share	$ 8.27
Remaining shares available under open market sales agreement	945,992

Earnings (Loss) Per Share - Sch

Earnings (Loss) Per Share - Schedule of Reconciliation of Weighted Average Basic Shares to Weighted Average Diluted Shares Outstanding (Detail) - shares	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Earnings Per Share [Abstract]
Weighted-average shares—basic	12,030,826	11,812,710
Weighted-average shares—diluted	12,030,826	11,812,710

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Income Tax Disclosure [Abstract]
Effective tax rate	0.00%	(29.40%)
Provision for income taxes included correction of error		$ 882
Provision for income taxes		$ 2,643

Leases - Additional Information

Leases - Additional Information (Detail) $ in Thousands	3 Months Ended
	Apr. 30, 2022USD ($)
Leases [Abstract]
Initial terms of operating leases	10 years
Option to extend, description, operating leases	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 the Company’s more recent leases are subject to shorter terms as a result of the implementation of the strategy to pursue shorter lease terms.
Option to extend, existence, operating leases	true
Future minimum payment lease not yet commenced	$ 11,497

Leases - Summary of Lease Cost

Leases - Summary of Lease Cost (Detail) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Leases [Abstract]
Operating lease cost	$ 6,320	$ 6,274
Variable operating lease cost	234	142
Total lease cost	$ 6,554	$ 6,416

Leases - Summary of Future Matu

Leases - Summary of Future Maturity of Lease Liabilities (Detail) $ in Thousands	Apr. 30, 2022USD ($)
Leases [Abstract]
Fiscal 2022	$ 21,227
Fiscal 2023	28,017
Fiscal 2024	24,915
Fiscal 2025	16,632
Fiscal 2026	11,162
Thereafter	33,284
Total lease payments	135,237
Less: Imputed interest	(23,294)
Total operating lease liabilities	$ 111,943

Segment Financial Information -

Segment Financial Information - Additional Information (Detail)	3 Months Ended
	Apr. 30, 2022Segments
Segment Reporting [Abstract]
Number of reportable segments	3

Segment Financial Information_2

Segment Financial Information - Summary of Reportable Segments Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Segment Reporting Information [Line Items]
Net Sales	$ 78,376	$ 57,533
Income (loss) before income taxes	(7,169)	(8,979)
Operating Segments [Member] | Vince Wholesale [Member]
Segment Reporting Information [Line Items]
Net Sales	33,464	26,799
Income (loss) before income taxes	10,163	8,835
Operating Segments [Member] | Vince Direct-to-Consumer [Member]
Segment Reporting Information [Line Items]
Net Sales	34,782	23,932
Income (loss) before income taxes	(802)	(1,665)
Operating Segments [Member] | Rebecca Taylor and Parker [Member]
Segment Reporting Information [Line Items]
Net Sales	10,130	6,802
Income (loss) before income taxes	(1,484)	(3,263)
Unallocated Corporate [Member]
Segment Reporting Information [Line Items]
Income (loss) before income taxes	$ (15,046)	$ (12,886)

Segment Financial Information_3

Segment Financial Information - Summary of Assets by Reportable Segments (Detail) - USD ($) $ in Thousands	Apr. 30, 2022	Jan. 29, 2022
Segment Reporting Information [Line Items]
Total Assets	$ 329,318	$ 337,227
Operating Segments [Member] | Vince Wholesale [Member]
Segment Reporting Information [Line Items]
Total Assets	67,437	64,502
Operating Segments [Member] | Vince Direct-to-Consumer [Member]
Segment Reporting Information [Line Items]
Total Assets	103,231	108,019
Operating Segments [Member] | Rebecca Taylor and Parker [Member]
Segment Reporting Information [Line Items]
Total Assets	33,321	38,825
Unallocated Corporate [Member]
Segment Reporting Information [Line Items]
Total Assets	$ 125,329	$ 125,881

Segment Financial Information_4

Segment Financial Information - Summary of Reportable Segments Information (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2022	May 01, 2021
Segment Reporting Information [Line Items]
Net sales	$ 78,376	$ 57,533
Rebecca Taylor and Parker Wholesale [Member]
Segment Reporting Information [Line Items]
Net sales	4,874	4,535
Rebecca Taylor and Parker Direct-to-Consumer [Member]
Segment Reporting Information [Line Items]
Net sales	$ 5,256	$ 2,267

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($)	Jun. 07, 2020	Nov. 27, 2013	Apr. 30, 2022	May 01, 2021	Jan. 29, 2022	Dec. 11, 2020
Related Party Transaction [Line Items]
Maximum borrowing capacity			$ 98,475,000		$ 92,711,000
Agreed basis spread on variable rate per annum on deferred payment	0.00%
Pre-IPO Stockholders [Member] | Tax Receivable Agreement [Member]
Related Party Transaction [Line Items]
Aggregate reduction in taxes payable percentage		85.00%
Total estimated obligation under Tax Receivable Agreement			$ 0
Pre-IPO Stockholders [Member] | Tax Receivable Agreement [Member] | LIBOR [Member]
Related Party Transaction [Line Items]
Default basis spread on variable rate per annum on deferred payment			5.00%
Agreed basis spread on variable rate per annum on deferred payment			2.00%
Sun Capital Consulting Agreement [Member]
Related Party Transaction [Line Items]
Date of related party transaction agreement			Nov. 27, 2013
Reimbursement of expenses incurred			$ 8,000	$ 2,000
Third Lien Credit Agreement [Member]
Related Party Transaction [Line Items]
Maximum borrowing capacity			$ 23,786,000		$ 23,087,000	$ 20,000,000
Sun Capital [Member] | Third Lien Credit Agreement [Member]
Related Party Transaction [Line Items]
Ownership percentage of common stock						70.00%