– USA, NY – Vince Holding Corp. (NYSE: VNCE), a leading contemporary fashion brand today announced the appointment of Brendan L. Hoffman to the position of Chief Executive Officer of the Company, effective immediately. He has also been appointed to the Company’s Board of Directors. Mark Brody, who has served as Interim Chief Executive Officer of Vince, will remain with the Company through a transition period and will continue to serve on the Board.
Mr. Hoffman served as the Chief Executive Officer and President of The Bon-Ton Stores Inc. from February 2012 to August 2014. Previously he was the Chief Executive Officer and President of Lord & Taylor L.L.C. for more than three years where he was credited with revamping the brand. Prior to this, he served six years as President and Chief Executive Officer of Neiman Marcus Direct, a subsidiary of The Neiman Marcus Group Inc., where he oversaw the growth of neimanmarcus.com and the launch and growth of bergdorfgoodman.com. Mr. Hoffman also served as Vice President of Last Call Clearance Division at Neiman Marcus from August 2000 to December 2002 and as a Divisional Merchandise Manager of Bergdorf Goodman Inc. from October 1998 to August 2000.
Marc Leder, Chairman of the Board, commented, “Brendan is an extremely talented leader, and with more than 25 years in the retail industry, he brings a wealth of knowledge and experience to Vince. We believe that his strong merchandising skills, in-depth knowledge of the department store channel, and e-commerce experience make him an excellent choice for Chief Executive Officer. As a strategic thinker who possesses great customer insight, we are confident that Brendan has the right background and skillset to drive healthy and profitable long term growth for Vince.”
Mr. Brody commented, “Brendan has a strong track record of success and we believe that his extensive industry background combined with his leadership skills make him an excellent fit for Vince. I look forward to working with him in the coming weeks and I am confident that this will be a smooth transition.”
Mr. Hoffman commented, “As a long-time admirer of the Vince brand, I see tremendous potential for this Company. I am excited to have the opportunity to leverage my merchandising, branding, retail and e-commerce experience to lead Vince into the next phase of growth. I look forward to working with the highly talented team to develop and execute a strategic plan that will put us on a path to healthy, sustainable sales and profitability growth and enable us to drive long term value for our stockholders.”
ABOUT VINCE
VINCE is a leading contemporary fashion brand best known for modern effortless style and everyday luxury essentials. Established in 2002, the brand now offers a wide range of women’s and men’s apparel, women’s and men’s footwear, and handbags. Vince products are sold in prestige distribution worldwide, including over 2,500 distribution locations across 46 countries. With corporate headquarters in New York and its design studio in Los Angeles, the Company operates 34 full-price retail stores, 12 outlet stores and its e-commerce site.
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