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David’s Bridal has Collapsed into Administration

Wedding dress retailer David’s Bridal has collapsed into administration hours after its American owner filed for bankruptcy!

The UK business has four large bridal stores, in Birmingham, Glasgow, London and Watford, and employs more than 150 people. It has been told, David’s Bridal UK operations will continue to trade as normal to fulfil orders, whilst conducting a stock liquidation through the retail outlets. The bridal retailer, launched in the UK in 2013 and opened its flagship store on Temple Row in Birmingham city centre in November 2016.

Andy Pear and Milan Vuceljic of Moorfields Advisory were appointed joint administrators to the UK business. Pear said: “Like many retailers David’s Bridal has faced challenges resulting from the COVID-19 pandemic and uncertain economic conditions. We are working with our US counterparties to help deliver all current orders to customers and customers should contact their store with any questions.”

David’s Bridal filed for Chapter 11 protection in New Jersey on Monday and launched a similar process in Canada, just days after the US business announced 9,000 job cuts out of a workforce of 11,000 people.

In another statement, David’s Bridal said it “intends to continue exploring a sale of all or some of its assets”.

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