Initial Public Offering
Baird served as an active bookrunning manager on this offering
AboutVince Holding Corp. (“Vince” or the “Company”) (NYSE:VNCE), previously known as Apparel Holding Corp., recently completed an initial public offering of 11,500,000 shares of common stock at a price of $20.00 per share, generating gross proceeds of approximately $230.0 million. The Company intends to use the net proceeds from the offering to pay down debt, fund new store openings and for other general corporate purposes.
Founded in 2002, Vince is a fashion brand known for its modern effortless style and everyday luxury essentials. The Company offers a broad range of women’s and men’s ready-to-wear including its signature cashmere sweaters, leather jackets, luxe leggings, dresses, silk and woven tops, denim and footwear. Vince is carried in over 2,100 stores across 43 countries and operates 21 full-price retail locations, six outlet stores and its e-commerce site, Vince.com. Vince is headquartered in New York, New York.
For additional information about this transaction, please contact:
- November 2013
- Vince Holding Corp.
- Target Location
- North America