Established in 2002, Vince is a global luxury apparel and accessories brand best known for creating elevated yet understated pieces for every day. The collections are inspired by the brand’s California origins and embody a feeling of warm and effortless style. Vince designs uncomplicated yet refined pieces that approach dressing with a sense of ease. Known for its range of luxury products, Vince offers wide array of women’s and men’s ready-to-wear, shoes, and capsule collection of handbags, and home for a global lifestyle. Vince products are sold in prestige distribution worldwide including approximately 2,000 distribution locations across more than 40 countries. We have a small number of wholesale partners who account for a significant portion of our net sales. In fiscal 2018, sales to two wholesale partners, Nordstrom Inc., and Neiman Marcus Group LTD, each accounted for more than ten percent of the Company’s net sales. These sales represented 33.7% of fiscal 2018 net sales. In fiscal 2017, sales to one wholesale partner, Nordstrom, accounted for more than ten percent of the Company’s net sales. These sales represented 21.9% of fiscal 2017 net sales. In fiscal 2016, sales to three wholesale partners, Nordstrom, Hudson’s Bay Company, and Neiman Marcus Group, each accounted for more than ten percent of the Company’s net sales. These sales represented 45% of fiscal 2016 net sales. We design our products in the U.S. and source the vast majority of our products from contract manufacturers outside the U.S., primarily in Asia.
System or data security issues, such as cyber or malware attacks, as well as other major system failures could disrupt our internal operations or information technology services, and any such disruption could negatively impact our net sales, increase our expenses and harm our reputation.
Net sales for the three months ended May 4, 2019 were $55,122, increasing $608, or 1.1%, versus $54,514 for the three months ended May 5, 2018. Net sales by reportable segment were as follows:
Net sales from our Wholesale segment decreased $1,140, or 4.0%, to $27,355 in the three months ended May 4, 2019 from $28,495 in the three months ended May 5, 2018, due to the shift in timing of seasonal wholesale shipments.
Net sales from our Direct-to-consumer segment increased $1,748, or 6.7%, to $27,767 in the three months ended May 4, 2019 from $26,019 in the three months ended May 5, 2018. Comparable sales increased $281, or 1.1%, including e-commerce, primarily due to an increase in average dollar sale. Non-comparable sales contributed $1,467 of sales growth. Since May 5, 2018, two net new stores have opened, bringing our total retail store count to 59 as of May 4, 2019, compared to 57 as of the end of the prior year period.