Segment and Geographical Financial Information (Tables)

12 Months Ended

Feb. 03, 2024

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
Fiscal Year 2023
Net Sales (1)	$	149,603	$	143,096	$	191		$	—		$	292,890
Income (loss) before income taxes and equity in net income of equity method investment (2) (3)		43,416		5,774		2,443			(31,127	)		20,506
Depreciation & Amortization		248		2,931		—			1,760			4,939
Capital Expenditures		127		1,191		—			142			1,460
Total Assets		51,489		87,648		—			86,012			225,149
Fiscal Year 2022
Net Sales (4)	$	169,375	$	149,770	$	38,297		$	—		$	357,442
Income (loss) before income taxes and equity in net income of equity method investment (5) (6)		43,592		2,397		(21,255	)		(60,043	)		(35,309	)
Depreciation & Amortization		689		2,976		2,763			1,906			8,334
Capital Expenditures		100		2,007		177			498			2,782
Total Assets		83,134		95,499		981			123,731			303,345

(1) Net sales for the Rebecca Taylor and Parker reportable segment for fiscal 2023 consisted of $191 through wholesale distribution channels of residual revenue contracted prior to the sale of the Rebecca Taylor tradename.

(2) The Rebecca Taylor and Parker reportable segment for fiscal 2023 includes a $765 gain associated with the sale of the Parker tradename, a net benefit of $1,750 from the wind down of the Rebecca Taylor business, and $150 of transaction related expenses associated with the sale of the Parker tradename. See Note 2 "Recent Transactions" for further information.

(3) Unallocated Corporate for fiscal 2023 includes the $32,043 gain associated with the Asset Sale and $5,030 of transaction related expenses associated with the Asset Sale. See Note 2 "Recent Transactions" for further information.

(4) Net sales for the Rebecca Taylor and Parker reportable segment for fiscal 2022 consisted of $18,508 through wholesale distribution channels and $19,789 through direct-to-consumer distribution channels.

(5) Vince Direct-to-consumer reportable segment for fiscal 2022 includes a non-cash impairment charge of $1,014 related to property and equipment. See Note 1 "Description of Business and Summary of Significant Accounting Policies – (J) Impairment of Long-lived Assets" for additional information.

(6) Rebecca Taylor and Parker reportable segment for fiscal 2022 includes a non-cash impairment charge of $2,566, of which $1,700 is related to the Rebecca Taylor tradename and $866 is related to property and equipment. See Note 1 "Description of Business and Summary of Significant Accounting Policies – (J) Impairment of Long-lived Assets and (K) Goodwill and Other Intangible Assets" for additional information. Fiscal 2022 also includes a $1,620 gain associated with the sale of the Rebecca Taylor tradename as well as charges associated with the wind down of the Rebecca Taylor business. See Note 2 "Recent Transactions" for additional information.