Vince seeks financial back up from sister brand Rebecca Taylor
10 monthes ago - By Fashion United
Vince recently has sought back up assistance for financial issues.
Seeking out sister brand Rebecca Taylor, the contemporary brand has
confirmed it may need help with purchase-order financing.
Vince filed with the Securities and Exchange Commission where the company
confirmed a subsidiary has an agreement with Rebecca Taylor. The agreement
states that the agreement will allow for Rebecca Taylor to purchase
Vince-branded finished goods from certain supplies, according to WWD.
Afterwards, the goods will be sold back to Vince. This is a way for the
company to back itself financial in case of...
Read more ...
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