Nine West
Nine West is on the lookout for buyers to sell a part of the brand to file for bankruptcy as the Company now has a $1.5 billion debt. The decision to cut ties with its “Easy Spirit” brand will come in addition to closing out most of their stores except 25. Also, Nine West may step away from shoe production and focus mainly on jewelry and clothing to include Anne Klein, Kasper Grouper, and One Jeanswear Group.
Nine West
David’s Bridal
Wedding gown shops are in for a big hit going forward as most people are stepping away from the “traditional” style dressing. As such, companies like David’s Bridal has been feeling the brunt of this practice. To add to the problems, the Company has a $520 million loan debt as well as a $270 million unsecured notes debt, all due in 2020. From teenagers looking for the perfect prom dress, to brides shopping around for wedding gowns, David’s Bridal was a popular choice.
Davids Bridal
