David's Bridal news and archive

David's Bridal takes next step in restructuring

David's Bridal, one of the nation's leading bridal wear companies, has announced today that they have taken the expected next step to implement their previously announced restructuring support agreement ("RSA"). Implementing the RSA, which is supported by the vast majority of the company's term loan lenders and substantially all of its senior...

Fashion

David’s Bridal continues operations amidst bankruptcy

Large scale American bridal store chain David’s Bridal confirmed recent suspicions of bankruptcy this week. On Thursday, the retailer announced that it is planning to file for Chapter 11 in the “near future.” It also shared that it has reached an agreement with its lenders that will reduce debt by more than 400 million dollars. The debts accrued...

Business

David's Bridal might file for bankruptcy

David's Bridal, the nation's largest wedding retailer, is flirting with the idea of bankruptcy after missing a key debt payment. The retailer has been struggling over the past several years due to declining marriage rates and growing competition in the digital space. This was a signal to creditors that some kind of restructuring is about to take...

Fashion

David's Bridal acquires Blueprint Registry

David's Bridal, one of the nation's best known bridal companies, announced today an asset acquisition of Blueprint Registry, a digital first, universal gift registry that allows consumers to add gifts from any retailer, import existing registries, create cash registries and more. David's Bridal has extended employment offers to Blueprint...

People

David's Bridal CEO steps down after 3 years

Bridal retailer David’s Bridal recently underwent an executive change. It was just announced that chief executive officer and president Pamela Wallack has stepped down from her role at the company. In succession, Paul Pressler will takeover Wallack’s role for David’s Bridal. The reason for Wallack’s exit has not been disclosed, however there...

Fashion

Zac Posen launches bridal wear

American designer Zac Posen is to offer his first ever collection of wedding gowns after announcing a collaboration with affordable US bridal wear brand David’s Bridal. Set to debut in February 2014, the Truly Zac Posen collection will be infused with Posen’s “aesthetic of modern American glamour” and will initially feature six ivory wedding...