The Firm represented the underwriters, led by Goldman, Sachs & Co. and Robert W. Baird & Co. Incorporated, in connection with the underwriting of the initial public offering of common stock by Vince Holding Corp. (the “Company”), formerly known as Apparel Holding Corp. The offering of 11,500,000 shares raised approximately $230 million in the aggregate of gross proceeds for the Company and the selling stockholders. The shares are now listed on the New York Stock Exchange under the ticker symbol “VNCE.”

Immediately prior to consummation of the offering, the Company completed a unique reverse spin-off to separate its non-Vince Kellwood businesses from its Vince business.   The majority of the net proceeds from the offering, together with net borrowings under the Company’s new term loan facility, were used to repay a promissory note issued in connection with its restructuring.  Proceeds from the repayment of such promissory note were used to repay or discharge existing indebtedness and other expenses owed in connection with the offering and restructuring.

Founded in 2002, Vince is a prominent contemporary 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, 6 outlet stores and its e-commerce site, Vince.com.

The Simpson Thacher team for the offering included Kevin Kennedy, Sara Terheggen, Diana Snyder and Dena Acevedo (Capital Markets); Jennie Getsin (FINRA and Blue Sky); Katharine Moir (Tax) and Tristan Brown, Linda Barrett and Grace Wirth (ECEB).

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