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Handbagged: Vera Bradley Puts Three Fort Wayne Companies Out Of Biz

Here's a touch of irony, courtesy of the Indianapolis Business Journal, for you to ponder on this Friday morning: Three Fort Wayne companies that provide products to handbag maker Vera Bradley Designs Inc. will close their doors, putting over 500 people out of work. The companies' majority owner, Robert Hinty, says the companies lost their contracts to sew handbags and accessories for Vera Bradley. Hinty told officials he plans to close the last of his operations by the end of September, putting 537 mostly hourly employees out of work. A Vera Bradley spokeswoman says the company is bringing its domestic sewing work inside the company. She says the company expects to hire over 500 seamstresses by early 2009. Vera Bradley is co-owned Patricia Miller, the first Secretary of Commerce under Gov. Mitch Daniels. She left the administration a year after her appointment to return to the company. Earlier this year, Vera Bradley announced it would be moving some of its supply-chain work to China. Mar 14, 2008 at 07:40 AM

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