David Bridal

About David Bridal

Davids Bridal filed for Chapter 11 bankruptcy on April 26, 2023. It was the second bankruptcy for the wedding dress retailer in five years. Davids Bridal had 300 stores and 1 billion in debt. The company struggled with changing wedding trends, including smaller weddings and informal attire. CEO James Marcum led the restructuring. CION Investment Corporation and other creditors acquired the company. Davids Bridal emerged from bankruptcy in November 2023. The company had previously filed in 2018 and emerged in 2019. The double bankruptcy illustrates how retailers can emerge from bankruptcy with unsustainable capital structures. The wedding industry has been slow to recover post pandemic, and Davids Bridal faced competition from online retailers and smaller boutiques.