Vera Bradley’s recently acquired jewelry brand contributed $5.4 million in sales to the company’s revenues in Q2, while charges related to its purchase ate into the Fort Wayne, Indiana-based accessories group’s income.
The Fort Wayne, Indiana-based luggage and handbag company announced on Thursday that it has signed an agreement to purchase a 75% interest in Californian brand Pura Vida Bracelets for a cash consideration of $75 million.
European bath and body brand Rituals has opened its first west coast store in San Diego. This is the 12th boutique in the US for the brand and the first in California, with the other 11 being located in New York.
La Jolla Group has made a number of changes to its executive team. The company is consolidating its O'Neill business and also has brought on former Nike and Roark leaders to head up strategy and finance.