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Affiliates of CriticalPoint aquire Pura Vida Bracelets from Vera Bradley, Inc.

Affiliates of CriticalPoint have announced the acquisition of Pura Vida Bracelets from fashion and lifestyle brand Vera Bradley, Inc. Terms of the acquisition were not disclosed. Founded in 2012, CriticalPoint is a full-service financial M&A firm offering investment banking, private capital, and valuation services. "At CriticalPoint, we were...

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Business

Vera Bradley revenues decline, earnings fall short of estimates

Vera Bradley’s fourth quarter net revenues declined 6.1 percent to 133.3 million dollars, while net loss was 1.9 million dollars or 6 cents per diluted share. On a non-GAAP basis net income totaled 3.5 million dollars or 11 cents per diluted share compared to analysts' estimate of 15 cents. Consolidated net revenues dropped to 470.8 million...

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