{"id":16976,"date":"2023-04-18T18:25:10","date_gmt":"2023-04-18T18:25:10","guid":{"rendered":"https:\/\/www.spedj.com\/spe\/?p=16976"},"modified":"2023-04-18T18:26:08","modified_gmt":"2023-04-18T18:26:08","slug":"is-davids-bridal-filing-for-bankruptcy","status":"publish","type":"post","link":"https:\/\/www.spedj.com\/spe\/cleveland-wedding-dj\/is-davids-bridal-filing-for-bankruptcy\/","title":{"rendered":"Is David\u2019s Bridal Filing for Bankruptcy?"},"content":{"rendered":"<div class=\"et_d4_element et_pb_section et_pb_section_0  et_pb_css_mix_blend_mode et_section_regular et_block_section\" >\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"et_d4_element et_pb_row et_pb_row_0  et_pb_css_mix_blend_mode et_block_row\">\n\t\t\t\t<div class=\"et_d4_element et_pb_column_4_4 et_pb_column et_pb_column_0  et_pb_css_mix_blend_mode et-last-child et_block_column\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"et_pb_module et_d4_element et_pb_text et_pb_text_0  et_pb_text_align_left et_pb_bg_layout_light\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"et_pb_text_inner\"><p><span style=\"font-weight: 400;\"><span class='et-dropcap'>Y<\/span>ou may have heard a rumor that popular wedding retailer David\u2019s Bridal is considering filing for bankruptcy. According to <\/span><a href=\"https:\/\/www.nytimes.com\/2023\/04\/07\/business\/dealbook\/davids-bridal-bankruptcy.html\"><span style=\"font-weight: 400;\">The New York Times<\/span><\/a><span style=\"font-weight: 400;\">, it would be the retailer\u2019s second bankruptcy in five years. But what does this mean for brides?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Well, even if its does file for bankruptcy, David\u2019s Bridal has said it plans to continue to meet the demands of its customer base, a claim it also made when it filed for its first bankruptcy in 2018, The Times reports. The company reportedly sells one of every three wedding dresses in the United States.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While The Times says there is no official filing yet, it claims sources close to the matter say David\u2019s is working with Investment Bank Houlihan Lokey on a possible sale, which could be part of a bankruptcy filing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If David\u2019s Bridal does file for bankruptcy, it could close some of its approximately 300 locations, a move it didn\u2019t make back in 2018, the Times reports.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Pandemic weddings changed the bridal landscape. with many brides and grooms choosing smaller, less formal events and purchasing their outfits at off-the-rack and even secondhand stores.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">David\u2019s Bridal moved its production around as strict COVID lockdowns hurt production, The Times says. It also says the retailer relied to airfreight, which is a more expensive shipping option, to deliver dresses on time.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It also pivoted outside the bridal space to sell formal attire for events like quincea\u00f1eras and proms and used employees to market the merchandise instead of professional models.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But will this be enough to save it for bankruptcy? The jury is still out.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the meantime, brides working with David\u2019s Bridal or considering it for their Big Day should keep an eye on the news, and our blog, to see whether this will affect their upcoming nuptials.\u00a0<\/span><\/p><\/div>\n\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>You may have heard a rumor that popular wedding retailer David\u2019s Bridal is considering filing for bankruptcy. According to&#8230;<\/p>\n","protected":false},"author":2,"featured_media":16975,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[36],"tags":[],"class_list":["post-16976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cleveland-wedding-dj"],"_links":{"self":[{"href":"https:\/\/www.spedj.com\/spe\/wp-json\/wp\/v2\/posts\/16976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.spedj.com\/spe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.spedj.com\/spe\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.spedj.com\/spe\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.spedj.com\/spe\/wp-json\/wp\/v2\/comments?post=16976"}],"version-history":[{"count":0,"href":"https:\/\/www.spedj.com\/spe\/wp-json\/wp\/v2\/posts\/16976\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.spedj.com\/spe\/wp-json\/wp\/v2\/media\/16975"}],"wp:attachment":[{"href":"https:\/\/www.spedj.com\/spe\/wp-json\/wp\/v2\/media?parent=16976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.spedj.com\/spe\/wp-json\/wp\/v2\/categories?post=16976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.spedj.com\/spe\/wp-json\/wp\/v2\/tags?post=16976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}