Monday, January 7, 2019

Bridal apparel retailer’s bankruptcy plan gets court approval

Chain Store Age
David’s Bridal is moving forward with its reorganization strategy.

The bridal apparel retailer announced late Friday that the United States Bankruptcy Court in the District of Delaware has approved its restructuring plan. According to the arranged deal, David’s Bridal will slash its debt-load by approximately $450 million, and continue selling wedding and special occasion dresses in a wide range of styles, colors, sizes, and prices.. . . more