Welcome to our dedicated page for Vera Bradley news (Ticker: VRA), a resource for investors and traders seeking the latest updates and insights on Vera Bradley stock.
Vera Bradley, Inc. reports developments tied to its branded consumer accessories business, including women’s handbags, luggage and travel items, fashion and home accessories, and gifts. The company organizes sales through Vera Bradley Direct, which includes full-line and outlet stores, e-commerce sites and its outlet sale, and Vera Bradley Indirect, which includes wholesale accounts, third-party e-commerce, liquidation channels and brand licensing royalties.
Recurring updates include quarterly and annual results, segment revenue trends, store and digital-commerce activity, product assortment changes, and brand-reset initiatives such as Project Sunshine. Company news also covers board composition, executive appointments, and actions affecting shareholder rights and other public-company governance controls.
Vera Bradley, Inc. (NASDAQ: VRA) has launched a limited-edition "Love Stripe" collection to celebrate Pride Month, featuring products made from recycled cotton. The collection includes a backpack, crossbody, throw blanket, and PopGrip, priced between $14.99 and $65. Additionally, the company donated $20,000 to Free Mom Hugs, a non-profit supporting the LGBTQIA+ community. This initiative reflects Vera Bradley's commitment to inclusion and diversity, as expressed by Brand President Daren Hull.
Vera Bradley, Inc. (NASDAQ: VRA) has nominated Nancy Twine to its Board of Directors, increasing female representation to 60% in a move to enhance diversity. Twine, founder of Briogeo Hair Care, will replace retiring board member Michael Miller in June 2021. Her experience in retail and finance is expected to benefit Vera Bradley's growth strategy. The company is recognized for its commitment to gender diversity, being part of the elite 6% of Russell 3000 Index companies with gender-balanced boards. The addition of Twine aims to strengthen leadership and support the company's mission.
Vera Bradley announces the launch of its new Recycled Cotton collection in partnership with actress Lana Condor, introducing items made from 50% recycled cotton. This collection features core styles in new vibrant patterns and solid colors, including a limited-edition utility backpack designed by Condor. With a commitment to sustainability, Vera Bradley aims to transition all fabrics to more sustainable alternatives by 2025, expecting to reduce water impact by 43% and global warming impact by 13%. Prices range from $15 to $140.
Vera Bradley, Inc. (Nasdaq: VRA) announced it will report first quarter results for the period ending May 1, 2021, on June 9, 2021, at 8:00 a.m. ET. A conference call will follow at 9:30 a.m. ET to discuss these results, available via a live webcast on the company’s website. Vera Bradley, recognized for its stylish handbags and travel items, operates alongside its lifestyle brand, Pura Vida, focusing on community and social consciousness. Founded in 1982, the company seeks to connect with its multi-generational female customer base.
Vera Bradley, Inc. (Nasdaq: VRA) and Crocs, Inc. (Nasdaq: CROX) have launched a new limited-edition footwear collection, marking their third collaboration. The collection includes the Classic Clog and the new Kadee Sandal, featuring vibrant patterns inspired by paradise. This partnership continues the successful trend initiated in 2019, combining Vera Bradley's distinctive designs with Crocs' comfort. The collection is available online and at select retail locations, enhancing brand visibility and consumer engagement as spring approaches.
Vera Bradley, Inc. (NASDAQ: VRA) has launched two new limited-release Minnie Mouse-themed patterns, Minnie’s Garden Party and Minnie’s Garden Dots, inspired by Disney's Epcot International Flower & Garden Festival. The collection includes 20 items such as bags and travel accessories, exclusively available at Vera Bradley stores at Disney Springs and online. Vera Bradley aims to celebrate the nostalgic essence of Minnie Mouse, with designs reflecting her iconic style. This collaboration strengthens their brand appeal among fans of Disney and fashion.
Vera Bradley, Inc. reported a net income of $8.7 million, or $0.26 per diluted share for Fiscal 2021, with non-GAAP net income at $21.4 million, or $0.63 per diluted share. E-commerce sales nearly reached 50% of total revenues, increasing by almost 50% year-over-year. The company anticipates total revenue growth of 17% to 23% for the fiscal year ending January 29, 2022. Despite pandemic challenges, Vera Bradley's consolidated revenue for Fiscal 2021 decreased to $468.3 million from $495.2 million in the previous year, impacted by COVID-19 and store impairments.
Vera Bradley (NASDAQ: VRA) announced a new limited-edition handbag collection in collaboration with New Hope Girls on March 8, 2021, coinciding with International Women’s Day. The collection includes a zip pouch and hobo bag, with 75% of sales supporting New Hope Girls' mission to aid vulnerable women and girls in the Dominican Republic. This partnership marks the third consecutive year of collaboration, featuring designs created by local artisans. The collection is available at Vera Bradley stores and online.
Vera Bradley, Inc. (Nasdaq: VRA) announced it will report its fourth quarter and fiscal year results on March 10, 2021, at 8:00 a.m. ET. A conference call will follow at 9:30 a.m. ET, accessible via a live webcast on their Investor Relations site. Vera Bradley operates two lifestyle brands, Vera Bradley and Pura Vida, known for their strong customer connections and multi-channel distribution. The company aims to leverage its unique positioning to enhance long-term success for both brands.
Vera Bradley, Inc. (NASDAQ: VRA) announced that five of its backpack styles have been endorsed by the American Chiropractic Association (ACA), underscoring their commitment to functionality and health. The endorsed styles include the Campus Backpack®, XL Campus Backpack®, XL Journey Backpack®, ReActive Grand Backpack®, and ReActive XL Backpack®. The ACA's endorsement followed a rigorous 30-day evaluation, recognizing the backpacks for quality, comfort, and design tailored to women's bodies. The ReActive styles are made from recycled materials, appealing to environmentally conscious consumers.