Vera Bradley Inc. on Thursday reported a second fiscal quarter loss of $4.7 million, or 17 cents per diluted common share, a $10.4 million swing from last year's second-quarter earnings of $5.7 million, or 19 cents a share.

The Fort Wayne-based maker of women's handbags, luggage and accessories also reported $71 million in sales, a 25% decline from the $94 million posted for the same period a year ago.

Ian Bickley, the company's executive chairman, said the 13-week period ended Aug. 2 showed same-store sales improvement over the company's first fiscal quarter.

“We are in the early stages of making meaningful adjustments to our product design and assortment, driving innovation back into our core DNA and what made Vera Bradley successful," he said in a statement, adding that iconic styles

See Full Page