David’s Bridal Files for Bankruptcy

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David’s Bridal Files for Bankruptcy
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With 300 stores – mostly in the U.S. — David’s Bridal bankruptcy news may concern thousands of brides, bridesmaids and prom-goers with existing orders or plans for David’s Bridal purchases.

announced that it is laying off 9,236 employees, the bulk of its workforce, in the next few months.

David’s Bridal is reportedly working with the investment bank Houlihan Lokey. Vice president of communications John Gallagher declined comment Monday.The retailer’s online platforms, including its Pearl platform and vendor marketplace, will remain up-and-running for brides working on their wedding planning.

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