VINCE HOLDING CORP.
For the period ended Feb 1, 2025. Filed May 2, 2025.
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FY2025 · Filed May 2, 2025
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Item 2. Properties
The following table sets forth the location, use and size of our significant corporate facilities and showrooms as of February 1, 2025, all of which are leased under various agreements expiring at various times through fiscal 2035, subject to renewal options.
| Location | Use | Approximate Square Footage |
|---|---|---|
| New York, NY | Corporate Office | 49,492 |
| Los Angeles, CA | Vince Design Studio | 28,541 |
| Paris, France | Vince Showroom | 4,209 |
As of February 1, 2025, we leased 139,908 gross square feet related to our 57 company-operated Vince retail stores. Although certain recent leases are subject to shorter terms as a result of the implementation of our strategy to pursue shorter lease terms when evaluating certain markets, some of our leases have initial terms of 10 years, and in some instances, can be extended for an additional term. Substantially all of our leases require a fixed annual rent, and most require the payment of additional rent if store sales exceed a negotiated amount. Most of our leases are "net" leases, which require us to pay all of the cost of insurance, taxes, maintenance, and utilities. Although we generally cannot cancel these leases at our option, certain of our leases allow us, and in some cases, the lessor, to terminate the lease if we do not achieve a specified gross sales threshold.
The following store list shows the location, opening date, type, and size of our company-operated retail locations as of February 1, 2025:
| Vince Locations | State | Opening Date | Type | Gross Square Feet | Selling Square Feet |
|---|---|---|---|---|---|
| Washington St. (New York) | NY | February 3, 2009 | Street | 1,850 | 1,150 |
| Prince St. (Nolita - New York) | NY | July 25, 2009 | Street | 2,002 | 1,356 |
| Geary Street (San Francisco) | CA | October 15, 2009 | Street | 1,895 | 1,408 |
| East Oak Street (Chicago) | IL | October 1, 2010 | Street | 2,590 | 1,371 |
| Madison Ave. (New York) | NY | August 3, 2012 | Street | 5,002 | 2,200 |
| Westport (Westport) | CT | March 28, 2013 | Street | 1,801 | 1,344 |
| Greenwich (Greenwich) | CT | July 19, 2013 | Street | 2,463 | 1,724 |
| Mercer St. (Soho - New York) | NY | August 22, 2013 | Street | 4,500 | 3,080 |
| Columbus Ave. (Upper West Side - New York) | NY | December 18, 2013 | Street | 4,465 | 3,126 |
| Newbury St. (Boston) | MA | May 24, 2014 | Street | 4,124 | 3,100 |
| Walnut St. (Philadelphia) | PA | August 4, 2014 | Street | 3,250 | 2,000 |
| Abbot Kinney (Los Angeles) | CA | September 26, 2015 | Street | 1,990 | 1,815 |
| Melrose (West Hollywood) | CA | October 15, 2017 | Street | 1,932 | 1,554 |
| Draycott (London, United Kingdom) | September 18, 2019 | Street | 1,582 | 1,087 | |
| Fifth Ave. (New York) | NY | September 20, 2019 | Street | 2,820 | 1,948 |
| East Hampton (East Hampton) | NY | February 6, 2021 | Street | 1,830 | 1,290 |
| Knox Street (Dallas) | TX | September 17, 2021 | Street | 1,802 | 1,280 |
| Total Street (17) | 45,898 | 30,833 | |||
| Malibu County Mart (Malibu) | CA | August 9, 2009 | Lifestyle Center | 1,298 | 1,070 |
| Town Center at Boca Raton (Boca Raton) | FL | October 13, 2009 | Mall | 1,206 | 1,013 |
| Phipps Plaza (Atlanta) | GA | April 16, 2010 | Mall | 1,643 | 1,356 |
| Stanford Shopping Center (Palo Alto) | CA | September 17, 2010 | Lifestyle Center | 2,028 | 1,391 |
| Fashion Island (Newport Beach) | CA | May 20, 2011 | Lifestyle Center | 2,317 | 1,642 |
| Chestnut Hill (Chestnut Hill) | MA | July 25, 2014 | Lifestyle Center | 2,357 | 1,886 |
| Merrick Park (Coral Gables) | FL | April 30, 2015 | Lifestyle Center | 2,022 | 1,482 |
| DC City Center (Washington) | DC | April 30, 2015 | Lifestyle Center | 3,202 | 2,562 |
| Scottsdale Quarter (Scottsdale) | AZ | May 15, 2015 | Lifestyle Center | 2,753 | 2,200 |
| River Oaks (Houston) | TX | October 1, 2015 | Lifestyle Center | 2,154 | 1,626 |
| Tyson's Galleria (McLean) | VA | April 29, 2016 | Mall | 2,668 | 1,705 |
| The Grove (Los Angeles) | CA | May 23, 2016 | Lifestyle Center | 2,717 | 2,174 |
| Somerset Collection (Troy) | MI | May 27, 2016 | Mall | 2,000 | 1,533 |
| King of Prussia (King of Prussia) | PA | August 18, 2016 | Mall | 3,107 | 2,202 |
| Fashion Valley (San Diego) | CA | August 25, 2016 | Lifestyle Center | 1,644 | 1,300 |
| Hawaii (Honolulu) | HI | May 25, 2017 | Mall | 1,828 | 1,371 |
| El Paseo Village (Palm Desert) | CA | April 26, 2018 | Lifestyle Center | 2,615 | 2,002 |
| Waterside Shops (Naples) | FL | May 24, 2018 | Mall | 1,723 | 1,315 |
| The Gardens Mall (Palm Beach Gardens) | FL | October 19, 2018 | Mall | 2,360 | 2,025 |
| Aventura Mall (Aventura) | FL | April 5, 2019 | Mall | 1,873 | 1,280 |
| Santana Row (San Jose) | CA | August 8, 2019 | Lifestyle Center | 2,295 | 1,517 |
| The Shops at Riverside (Hackensack) | NJ | February 27, 2020 | Mall | 2,843 | 2,296 |
| Southpark (Charlotte) | NC | May 21, 2021 | Mall | 2,588 | 1,875 |
| Roosevelt Field (Garden City) | NY | August 6, 2021 | Mall | 2,987 | 1,921 |
| Cherry Creek (Denver) | CO | August 20, 2021 | Lifestyle Center | 2,032 | 1,512 |
| Boston Seaport (Boston) | MA | May 13, 2022 | Lifestyle Center | 1,820 | 1,386 |
| Total Mall and Lifestyle Centers (26) | 58,080 | 43,642 | |||
| Total Full-Price (43) | 103,978 | 74,475 | |||
| Cabazon Premium (Cabazon) | CA | November 11, 2011 | Outlet | 3,250 | 2,000 |
| Riverhead (Riverhead) | NY | November 30, 2012 | Outlet | 2,500 | 2,000 |
| Fashion Outlets of Chicago (Rosemont) | IL | August 1, 2013 | Outlet | 3,485 | 2,599 |
| Seattle Premium (Tulalip) | WA | August 30, 2013 | Outlet | 2,214 | 1,550 |
| Las Vegas (Las Vegas) | NV | October 3, 2013 | Outlet | 2,028 | 1,420 |
| San Marcos (San Marcos) | TX | October 10, 2014 | Outlet | 2,433 | 1,703 |
| Carlsbad Premium (Carlsbad) | CA | October 24, 2014 | Outlet | 2,453 | 1,717 |
| Wrentham Village Premium (Wrentham) | MA | September 29, 2014 | Outlet | 2,000 | 1,400 |
| Camarillo Premium (Camarillo) | CA | February 1, 2015 | Outlet | 3,001 | 2,101 |
| San Francisco Premium (Livermore) | CA | August 13, 2015 | Outlet | 2,485 | 1,753 |
| Chicago Premium (Aurora) | IL | August 27, 2015 | Outlet | 2,300 | 1,840 |
| Woodbury Commons (Central Valley) | NY | November 6, 2015 | Outlet | 2,289 | 1,831 |
| Sawgrass Mills (Sunrise) | FL | December 4, 2015 | Outlet | 2,866 | 2,326 |
| Leesburg (Leesburg) | VA | June 11, 2021 | Outlet | 2,626 | 2,042 |
|---|---|---|---|---|---|
| Total Outlets (14) | 35,930 | 26,282 | |||
| Total Vince Stores (57) | 139,908 | 100,757 | |||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.