David's Bridal Files for Bankruptcy, But Orders Are Safe - NBC 6 South Florida
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David's Bridal Files for Bankruptcy, But Orders Are Safe

The 300-plus stores run by the Conshokocken, Pennsylvania, company will continue to operate and online sales will continue unimpeded

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    NEWSLETTERS

    David's Bridal Flirts With Possibility of Bankruptcy

    A mecca for wedding and bridesmaids dresses across the country could be going belly up. News4 Consumer Reporter Susan Hogan explains why David's Bridal is flirting with the possibility of bankruptcy. (Published Friday, Oct. 19, 2018)

    David's Bridal is filing for bankruptcy protection but there is no danger for customers who have ordered dresses because operations continuing as normal while the wedding and prom retailer restructures.

    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.

    The 300-plus stores run by the Conshokocken, Pennsylvania, company will continue to operate and online sales will continue unimpeded.

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    [NATL] Trump Celebrates Mueller Report as Democrat Lawmakers Plan Next Step

    President Donald Trump celebrated the release of Special Counsel Robert Mueller's report into Russia collusion today, but Democrats say this story isn't over and are already talking about their next step. The report, which totals over 400 pages, neither condemns nor exonerates the president.

    (Published 3 hours ago)