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Vera Bradley, Inc. (Nasdaq: VRA) (the "Company") announced today that the Board of Directors of the Company (the "Board") unanimously approved the ...

Vera Bradley Inc. has taken a defensive stand against a potential hostile takeover, company officials announced Friday.

Shares of Vera Bradley were higher in post-market trading on Friday after the luggage and handbag company said its board unanimously approved a poison pill provision. The stock was up 7.3% to $5.56.

The poison pill comes as macroeconomic headwinds continue to dampen the company's turnaround efforts. In its most recent quarter, Vera Bradley lowered its outlook after posting lower profit and sales, ...