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David’s Bridal emerges from bankruptcy

January 22, 2019

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The country’s largest wedding gown retailer appears to have exited bankruptcy without a tear. During the restructuring process, executives at David’s Bridal made a conscious effort to keep customers calm and stifle perceptions that the process meant liquidation, CEO Scott Key said in a statement. He added that over the last few months dresses arrived on time and stores stayed open.

But it hasn’t been easy. David’s Bridal had been trying for the better part of a year to reduce debt and build in financial wiggle room. But S&P downgraded the wedding retailer several times, and it ultimately filed for bankruptcy protection in November 2018.

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