Description: The fashion label Vince creates slouchy, mid-priced luxury basics that sell well at Bloomingdales, Nordstrom, Neiman Marcus, Macy’s, Barneys New York, and Saks Fifth Avenue, among other retailers. And while it may seem safe to assume that those comfy T-shirts are designed by a guy named Vince, well, there’s no Vince at Vince.
Date: Nov 22, 2013
Questions for Discussions:
- How do fashion businesses like Vince typically finance their growth?
- At what point is an IPO considered a logical next step?
- What are the risks to owning stock in the fashion business?