These Brands Are Closing Down And We Are Not Ready For It

Published on 04/14/2020
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David’s Bridal

Expensive weddings and fancy dresses are just a thing of the past. More and more brides prefer the smaller events and more casual wear, which is bad news for wedding dress shops like David’s Bridal. The company is facing a dramatic decline in revenue and, on top of that, it has a $520 million loan due in 2020 and $270 million in unsecured notes due in 2020.

David's Bridal

David’s Bridal

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Cole Haan

Cole Haan, a Nike-owned luxury footwear company, made the USA Today’s list of the riskiest companies in 2018. Cole Haan tried to shift her appearance by relying more on athletic shoes instead of dress shoes, but that’s always back-fired. When Apax Partners acquired the company in 2013, they agreed to do away with Nike’s popular comfort technology. We don’t appear to be changing.

Cole Haan

Cole Haan

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