Vera Bradley Co-Founder Ventures into Men's Accessories with New Brand 'Baekgaard USA'
*By Madison Alworth*
Barbara Bradley Baekgaard changed the face of women's bags with her iconic line of quilted accessories, Vera Bradley ー and now, she's hoping to stage a similar style revolution in menswear with a new brand.
"Now it's time for something for our men," Baekgaard said Monday in an interview on Cheddar. "Because Vera Bradley did not ever intend, nor do we intend, to do products for men."
Baekgaard's new menswear brand, Baekgaard USA, was named for her late husband, a Dane who started importing goods in 1954 from his home country.
After her husband was diagnosed with Alzheimer's, the pair decided to put his company on hold and focus on publicly traded Vera Bradley ($VRA). Now Baekgaard has stepped back from her roles as co-president and chief creative officer and only serves on the Board of Directors, freeing her up for the new venture.
For inspiration, Baekgaard turns to the men in her life to test new products and ideas.
"I use my family as a focus-study, so I ask my grandsons."
But ultimately, she relies on her own instincts. "I also ask myself when I design something, 'Who would I give this to? Who do I want carrying this.' And I want to design something for everyone. And I think we nailed it."
Primarily, she "was tired of looking for something to buy for men."
"I think men are more fashionable now. This is just a perfect time," she added.
For full interview [click here](https://cheddar.com/videos/co-founder-of-vera-bradley-on-her-new-brand-and-what-it-takes-to-make-a-successful-fashion-company).
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
