Vera Bradley and Bravo Brio are impressive because they have grown while unemployment remains high, said Francis Gaskins of research firm IPOdesktop. Neither are discounters: Vera Bradley's signature quilted handbag costs $52, while the average check per person at Bravo's two chains are $19.28 and $25.14, respectively."We've been able to grow in difficult times," said Vera Bradley CEO Michael Ray on Thursday. Now he's noticing new costumers are picking up the company's quilted bags, he said. "Signs are encouraging that the consumer is coming back."
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