David's Bridal files for bankruptcy, but your order is safe

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David's Bridal is filing for bankruptcy protection—but there's no danger for customers who have ordered dresses.

 

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I worked in the corporate office years ago. GO GET YOUR GOWNS NOW!!!!

probably cause people realized spending that much on a dress is stupid and marriage is a bad financial move for most men

Melissa89431446 Winning

I’d be worried if I worried one!

Famous last words.

Where will all the fleas in their dresses go?

I think several brides would already disagree with that headline.

Not surprising. They were horrible to deal with.

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Sure there isn’t!!!

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David's Bridal files for Chapter 11 bankruptcy protection, aims to stay in businessDavid's Bridal, the nation's largest wedding retailer, filed for Chapter 11 bankruptcy protection Monday with plans to stay in business. 😪 I hope you told brides to get their gowns or money back before they close the bridal shops “ unexpectedly “ Weddings are a major waste, invest your money in a nice home or pay off your student loans.
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David's Bridal files for bankruptcy after falling victim to debt and competitionWedding gown emporium David's Bridal has filed for chapter 11 bankruptcy protection. The company was acquired by private-equity firm Clayton Dubilier & Rice LLC in 2012 for $1.05 billion, and has since come under debt pressure. Last week, the company announced a restructuring deal with lenders that will cut $400 million in debt. The company's Chief Executive Scott Key posted a short clip and message on the company's website last week announcing the restructuring and assuring customers that all 300-plus stores will remain open for business, with orders and alterations continuing "as promised." GlobalData Retail says competition in addition to crushing debt contributed to David's Bridal's problems. "Retailers like Anomalie offer a much more modern and exciting service, which allows brides to create bespoke gowns; while online players such as Floravere provide a relatively cost-effective way of buying designer dresses," GlobalData Managing Director Neil Saunders wrote in a note published Thursday. "Meanwhile, some generalist players, like Anthropologie which has launched its own bridal brand BHLDN, have become more focused on the wedding market as a way of driving incremental sales growth." Anthropologie is an Urban Outfitters Inc. brand. By contrast, GlobalData says David's Bridal looks "stuffy and old-fashioned."
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Bankrupt David’s Bridal Will Stay Open And Still Fulfill OrdersThe company’s 300 stores will remain open and shoppers’ orders will not be impacted as David’s Bridal restructures its debt, the company said Monday. Yea bc they stopped airing their catchy commercials man
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