Weston will sign on for the other seven members of Vera Bradley Inc. ‘s board of directors: Jackie Ardrey, chief executive officer; Barbara Bradley Baekgaard, co-founder of Vera Bradley; Kristina Cashman, former chief financial officer of restaurant company PF Chang’s; Robert J. Hall, Chairman of the Board of Directors of Vera Bradley and President of Green Gables Partners; Mary Lou Kelley, former president of e-commerce at Best Buy; Frances P. Philip, independent senior director on the board of directors of Vera Bradley and former chief marketing officer of L. L. Bean, Inc. ; and Carrie Tharp, vice president of strategic industries at Google Cloud.
About Vera Bradley, Inc. Vera Bradley, Inc. operates two exclusive lifestyle logos: Vera Bradley and Pura Vida. Vera Bradley and Pura Vida are complementary businesses, with a dedicated, emotionally connected and multi-generational female visitor base . ; alignment as casual, comfortable, affordable and fun logos; a “gifted” and socially connected logo positioning; strong business cultures; a strong focus on community, charity and social consciousness; multichannel distribution strategies; and talented leadership groups aligned and committed to the long-term good fortune of their logos.
Vera Bradley, founded in Fort Wayne, Indiana, is a leading designer of handbags, suitcases and other women’s items, fashion and home accessories, and unique gifts. Founded in 1982 through her friends Barbara Bradley Baekgaard and Patricia R. . Miller’s logo is known for its cutting-edge designs, iconic patterns, and bright colors that motivate and unite women like no other logo in the global marketplace.
In July 2019, Vera Bradley, Inc. acquired a 75% stake in Creative Genius, Inc. , which also does business as Pura Vida Bracelets (“Pura Vida”). Pura Vida, founded in La Jolla, California, is a very attractive virtual company. Lifestyle logo founded in 2010 through friends Paul Goodman and Griffin Thall. Pura Vida offers a differentiated and developing offering of bracelets, jewelry and other lifestyle accessories. The company acquired the remaining 25% of Pura Vida in January 2023.
Vera Bradley Safe Harbor Statement Certain statements in this release are “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect Vera’s existing expectations or ideals Bradley with whom the Company deals. long-term events. and are subject to various risks and uncertainties that could cause actual effects to differ materially from those we expected, including: possible adverse adjustments in general economic situations and their effects on consumer confidence and spending; conceivable inability to expect and respond in a timely manner to adjustments in customer demand; conceivable loss of key control or design affiliates or inability to develop and retain the skill required for our business; conceivable inability to maintain and improve our brands; conceivable inability to effectively implement the Company’s long-term strategic plans; conceivable inability to effectively open new retail outlets, close specific outlets and/or operate existing outlets as planned; additional customs duties or adverse changes in the cargo of raw materials and hard labor used in the manufacturing of our products; conceivable adverse effects resulting from a significant disruption to our distribution facilities; or business interruptions caused by pandemics. Additional data on potential items that may also have an effect on the Company’s monetary effects is included from time to time in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections. of the public reports presented by the Company. with the SEC, adding to the Company’s Form 10-K for the fiscal year ended January 28, 2023. We undertake no legal responsibility to publicly update or revise any forward-looking statements.
CONTACTS: Investors: Julia Bentley jbentley@verabradley. com
Media: mediacontact@verabradley. com-877-708-VERA (8372)