195 David’s Bridal stores survive bankruptcy bailout and will remain open as CEO says it has ’emerged as a new company’ ...Middle East

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DAVID’s Bridal CEO Jim Marcum has confirmed 195 stores have been saved by a bankruptcy buyout. The wedding retailer has “emerged as a new company” after shutting down 100 stores earlier this year. GettyDavid’s Bridal will keep around 195 stores open after being saved from bankruptcy[/caption] David’s Bridal chief executive officer Jim Marcum has confirmed around 195 nationwide stores have been saved as a result of July’s bankruptcy buyout. The wedding store chain previously filed for Chapter 11 bankruptcy protection in April, putting around 300 locations at risk of closure. But a deal struck with Cion in July means David’s Bridal will now live on. “We closed approximately 1

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