Equity Research Focusing on the Consumer Sector, Small Cap Consumer Research

Small Cap Consumer Research

Equity research on small cap consumer names.

Equity Research Focusing on the Consumer Sector

Small Cap Consumer Research, LLC is a leading company-sponsored equity research provider focusing on the consumer sector (apparel, brand licensing and specialty retailing segments).

Equity Bottom-Up

<ul><li>We are reiterating our Buy rating, $4 price target and projections for Vince Holdings after touring Vince stores and department store shop in shops in London, highlighted by the recently opened Marylebone flagship.</li><li>We believe, with prime locations in key department stores and now two store locations in London, Vince has continued to increase their exposure and drive higher returns in what should be a key market for the company.</li><li>Further, we believe the locations increasingly position Vince as a true global luxury lifestyle retailer and set the stage for further expansion in the United Kingdom and Europe.</li></ul>

We are reiterating our Buy rating, $4 price target and projections for Vince Holdings after touring Vince stores and department store shop in shops in London, highlighted by the recently opened Marylebone flagship.We believe, with prime locations in key department stores and now two store locations in London, Vince has continued to increase their exposure and drive higher returns in what should be a key market for the company.Further, we believe the locations increasingly position Vince as a true global luxury lifestyle retailer and set the stage for further expansion in the United Kingdom and Europe.

VNCE: Snapping the Store - London:  Becoming More Posh; Reiterate Buy, PT