Wedding shop's future in doubt as company in administration

  • 📰 Observer_Owl
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

It 'intends to continue exploring a sale of all or some of its assets'

However, in a statement, it added that it is “strategically managing inventory and evaluating its physical footprint to maximize value” as it pursues a sale.CEO James Marcum said: “Our business continues to be challenged by the post-COVID environment and uncertain economic conditions, leading us to take this step to identify a buyer who can continue to operate our business going forward.

“We are determined to stay focused on our future, because we believe we have an important role in ensuring that every bride, no matter her budget, can have her perfect dress."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 18. in BUSİNESS

Business Business Latest News, Business Business Headlines