Vera Bradley, Inc. Announces Resignation of Nancy R. Twine to Board of Directors, Effective May 25, 2023
January 18, 2023 at 04:38 pm EST
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Vera Bradley, Inc. announced that on January 12, 2023, Nancy R. Twine provided notice of her decision to resign from the Board of Directors, effective May 25, 2023. Ms. Twine's planned resignation did not result from any disagreement with the Company concerning any matter relating to its operations, policies, or practices.
Vera Bradley, Inc. is a designer of women's handbags, luggage and other travel items, fashion, and home accessories. The Company operates through three segments: Vera Bradley Direct (VB Direct), Vera Bradley Indirect (VB Indirect), and Pura Vida. The VB Direct business consists of sales of Vera Bradley products through Vera Bradley full-line and factory outlet stores in the United States; e-commerce sites verabradley.com and verabradley.ca; the Vera Bradley online outlet site; and typically, the Vera Bradley annual outlet sale in Fort Wayne, Indiana. The VB Indirect business consists of sales of Vera Bradley products to, specialty retail locations, all of which are located in the United States; as well as department stores, national accounts, third-party e-commerce sites, and third-party inventory liquidators; and royalties recognized through licensing agreements related to the Vera Bradley brand. Its Pura Vida is a digitally native lifestyle brand.