David’s Bridal Files For Bankruptcy

David’s Bridal has filed for bankruptcy.

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Via NY Post:

The bankruptcy filing, the private company said Monday, will wipe out more than $400 million in long-term debt.

It has commitments for $60 million in new debtor-in-possession financing and expects to exit Chapter 11 in early January.

All 300 stores and online sale will not be affected by the filing.




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