Peking Handicraft Licenses with Vera Bradley
December 7, 2016,
FORT WAYNE, Ind.—Vera Bradley Inc. has entered into a license agreement with Peking Handicraft for a collection of textiles, the designer label’s first venture into home.
Included in the line will be decorative bedding, area rugs and kitchen textiles. Retail pricing for a full/queen comforter is expected to range from $175 to $200, according to Julia Bentley, a spokeswoman for the designer label.
The current plan calls for distribution to begin in the fall of 2017. The products are slated to be available at Vera Bradley stores, on verabradley.com, department stores and select home specialty retailers, Bentley said. She added that Vera Bradley is exploring other potential partnerships in such areas as bath products, bath rugs, wall coverings and tabletop.
“We have targeted the areas of home, fashion and beauty for licensing, and we continue to be pleased with the amount of interest we are receiving from high-quality potential partners,” said Sue Fuller, Vera Bradley’s chief merchandising officer. “Our beautiful and unique patterns are perfect for these key categories.”
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