Vera Bradley Appoints New CEO, Returns to Profitability in Q4

By Karen Roman Vera Bradley, Inc. (Nasdaq: VRA) said net income from continuing operations totaled $2.7 million in the fourth quarter ended Jan. 31, compared with a loss of $20 million the prior year. The company said it appointed Ian Bickley as Chairman and Chief Executive Officer, while Martin Layding was designated as Chief Operating and Financial Officer. “Returning to profitability for the first time in over a year, combined with our third consecutive quarter of sequential improvement in the Direc ...