Is David’s Bridal considering filing for bankruptcy for the second time in five years?
The company is said to be working with the investment bank Houlihan Lokey, according to a report in The New York Times Saturday.The retailer has also reportedly hired the law firm Kirkland & Ellis. A spokeswoman for Kirkland & Ellis had not acknowledged a media request Monday.
The bridal category was one of the stronger sectors that emerged from the pandemic shutdown, but changing lifestyle preferences continue to plague some brands that have failed to adjust accordingly. In 2026, bridalwear is expected to reach $69.9 billion in volume, compared to $55.5 billion in 2020, according to the Global Bridal Wear Industry Report.
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