Vince, the fashion house most known for its footwear and contemporary designs opened its doors to Investors last week and with huge success.
The Fashion House is the first U.S. Apparel firm to IPO since Micheal Kors Holdings Ltd. went public in December 2011. VINCE raised $200 million on 10 million shares with a $1 billion valuation given by the stock market.
Image credit: Nordstrom
According to WWD, the initial offering began at $20 a share then soared 47 percent to $29.50 at the open of trading. Shares for Vince got as high as $30.48 and ended at an incredible $28.66.
Image credit: Bloomberg
VINCE’s contemporary style has proven itself in the market as sustainable amongst High Fashion lovers.
Their signature cashmere sweaters range from $295 to $345 for men and women. Visit VINCE for a complete look at their Fall/Winter Collection.
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