American bag company Vera Bradley has reportedly sold its 16-month-old subsidiary GoodMrkt to its co-founder and chief brand officer Harry Cunningham. According to WWD, the decision to sell comes as part of Vera Bradley’s board of director’s decision to focus on the growth of its two core brands, as noted in a statement to the publication from...
Aug 5, 2022
Vera Bradley, Inc. has announced the planned retirement of president and chief executive officer Robert Wallstrom. The company said in a statement that Wallstrom will remain in his role until a successor is named, which is expected by the beginning of 2023. Wallstrom will work with the board of directors in their national search for his...
Jul 22, 2022
Consolidated net revenues at Vera Bradley were 98.5 million dollars for the first quarter, while net loss totalled 7 million dollars or 21 cents per diluted share. On a non-GAAP basis, Vera Bradley’s net loss totalled 6.1 million dollars or 19 cents per diluted share. “While total company first quarter revenues of 98.5 million dollars fell below...
Jun 8, 2022
Vera Bradley, Inc. has appointed Lockie Andrews as chief growth officer for its Pura Vida brand. In this role, the company said in a statement, Andrews will be responsible for all digital, performance marketing, sales, and merchandising initiatives across Pura Vida’s channels of distribution. The company added that Andrews will join co-founders...
May 5, 2022
Vera Bradley, Inc. consolidated net revenues totalled 149.6 million dollars for the current year fourth quarter, an increase of 5.1 percent. For the full year, net revenues totalled 540.5 million dollars, an increase of 15.4 percent over fiscal 2021. Net income for the quarter totalled 5.2 million dollars or 15 cents per diluted share. On a...
Mar 9, 2022
Third quarter net revenues at Vera Bradley, Inc. totalled 134.7 million dollars, an increase of 7.9 percent over the prior year third quarter. Consolidated net income totaled 5.8 million dollars or 17 cents per diluted share compared to 8.9 million dollars or 26 cents per diluted share last year. For the nine month period, net revenues totalled...
Dec 9, 2021
Consolidated net revenues at Vera Bradley Inc. totalled 147 million dollars for the current year second quarter, an increase of 11.6 percent over the prior year second quarter. Consolidated net income totalled 9.1 million dollars or 26 cents per diluted share, while on a non-GAAP basis, net income totalled 9.5 million dollars or 28 cents per...
Sep 1, 2021
Consolidated net revenues at Vera Bradley totalled 109.1 million dollars for the first quarter, an increase of 57.5 percent over prior year first quarter. Net loss was 2.1 million dollars or 6 cents loss per diluted share, while on a non-GAAP basis, net loss totalled 1.7 million dollars or 5 cents loss per diluted share. For the prior year first...
Jun 9, 2021
Women’s fashion and lifestyle brand Vera Bradley has teamed up with outdoor furnishings manufacturer Classic Accessories to launch a limited-edition, co-branded outdoor living collection. The Vera Bradley + Classic Accessories collection features the womenswear brand’s signature prints - a myriad of colourful and bright floral, paisley, ikat,...
Vera Bradley, Inc. has announced that Nancy Twine, financial executive and founder and CEO of Briogeo Hair Care, has been nominated to join its board of directors. Twine will replace director Michael Miller upon his retirement from the Vera Bradley board in June 2021. With this appointment, the company said, it will have 60 percent female board...
May 19, 2021
US apparel resale platform ThredUp has announced it will provide American luggage and handbag company Vera Bradley, Inc. with its Resale-as-a-Service (RaaS). Vera Bradley will give its online and in-store customers the opportunity to fill what it refers to as ‘Clean Out Kits’, with the apparel, shoes and accessories they want to do away with....
May 12, 2021
Consolidated net revenues at Vera Bradley totalled 142.4 million dollars for the fourth quarter compared to 156.9 million dollars in the prior year fourth quarter, while consolidated net income totalled 7.9 million dollars or 23 cents per diluted share. On a non-GAAP basis, Vera Bradley, Inc.’s consolidated net income for the fourth quarter...
Mar 11, 2021
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