Luxury clothing and accessories maker Vince Holdings Corp. said Wednesday that same-store sales for the nine-week holiday period through Dec. 30 rose 15.9%. Direct-to-consumer same-store sales rose 8.8% in the period, while merchandise margin for the direct-to-consumer segment rose slight from the year-earlier period. “The new product is resonating with our customers and driving double digit comparable sales growth in our full price direct-to-consumer channels,” Chief Executive Brendan Hoffman said in a statement. “We were also pleased with improved sell-through at our wholesale partners, which we believe bodes well for 2018 performance.” Shares were not yet active premarket, but have fallen 84% in the last 12 months, while the S&P 500 has gained 21%.
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