Vera Bradley, Inc. (VRA)

7.70 +0.19 (+2.53%) At close: 04:00PM EST

Vera Bradley, Inc.

12420 Stonebridge Road
Roanoke, IN 46783
United States
877 708 8372
https://verabradley.com

Sector(s): Consumer Cyclical
Industry: Footwear & Accessories
Full-time employees: 2,180

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Jacqueline Ardrey	President, CEO & Director	1.23M	N/A	1970
Ms. Barbara Bradley Baekgaard	Co-Founder & Director	N/A	N/A	1939
Mr. Mark C. Dely	Chief Administrative & Legal Officer and Corporate Secretary	545.44k	N/A	1976
Ms. Patricia R. Miller	Co-Founder	33k	N/A	1938
Mr. Michael Schwindle	Chief Financial Officer	N/A	N/A	1968
Ms. Pamela Sours	Senior Vice President of Operations	N/A	N/A	N/A
Ms. Julia A. Bentley	Vice President of Investor Relations & Communications	N/A	N/A	1959
Ms. Alison Hiatt	Chief Marketing Officer	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Vera Bradley, Inc., together with its subsidiaries, designs, manufactures, and sells women's handbags, luggage and travel items, fashion and home accessories, and gifts. It operates through three segments: Vera Bradley Direct, Vera Bradley Indirect, and Pura Vida. The company offers bag products, such as totes, crossbodies, satchels, clutches, backpacks, baby bags, and lunch bags; accessories, including ID holders, lanyards, wallets, wristlets, eyewear, scarves, hair accessories, and various technology accessories; bracelets, rings, and necklaces under Pura Vida brand name; and travel products consisting of rolling luggage, cosmetics, and travel and packing accessories, as well as travel bags comprising duffel and weekend bags. It also provides home products that include throw blankets, beach towels, and comforters, as well as items, such as mugs and tumblers; apparel/footwear comprising sleepwear, footwear, cotton face masks, outerwear, socks, and scarves; and stationery and merchandising products, as well as freight, licensing, and gift card breakage services. The company sells its Vera Bradley branded products through its full-line and factory outlet stores in the United States; and verabradley.com, an online outlet site, as well as its annual outlet sale in Fort Wayne, Indiana. As of January 28, 2023, it operated 51 full-line and 79 factory outlet stores. The company sells its Pura Vida branded products through wholesale retailers, as well as through Pura Vida websites, including www.puravidabracelets.com, www.puravidabracelets.eu, and www.puravidabracelets.ca. It also sells its Vera Bradley branded products to approximately 1,700 specialty retail locations, department stores, national accounts, third party e-commerce sites, and third-party inventory liquidators, as well as through licensing agreements. Vera Bradley, Inc. was incorporated in 1982 and is headquartered in Roanoke, Indiana.

Corporate governance

Vera Bradley, Inc.’s ISS governance QualityScore as of 1 December 2023 is 5. The pillar scores are Audit: 6; Board: 6; Shareholder rights: 4; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.