#25. P. Michael Miller Buys $17.2M of Vera Bradley, Inc. latest buy: 12/29/2016
During the last six months, Miller bet big on VRA:
P. Michael Miller
Vera Bradley designs women's handbags, accessories, and luggage travel items, eyewear, and stationery and gifts. Co. has two segments: Direct and Indirect. The Direct business consists of sales of Vera Bradley products through Co.'s full-line and factory outlet stores, verabradley.com, direct-to-consumer eBay sales, and Co.'s annual outlet sale in Fort Wayne, IN. As of Jan. 30, 2016, Co. operated 110 full-line stores and 40 factory outlet stores. The Indirect business consists of sales of Vera Bradley products to specialty retail locations, as well as department stores, national accounts, third party e-commerce sites, Co.'s wholesale business in Japan, and third party inventory liquidators.
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