Its also possible that if they are not overstocks, they are simply knock-offs or remakes of the backpacks.
You should probably scrutinize that very carefully as that will determine your next move. If that market appears to be flooded with replicas or remakes, you may be best to avoid it.
Companies are cracking down on everybody using VERO right now. For the time being, its best to stay out of that mess entirely. If you got permission and bought them from the company, you may have to report the others, as many of them could be knock-offs or remakes the company doesn't want to see. And then you could sell without competitition.
Its ruthless waters out there at the moment, so beware of Brands wherever you do business.