Bebe
After the departure of Neda Mashouf, the creative director and wife of the company’s founder, Manny Mashouf, Bebe’s sales plunged. The firm was founded in 1979. As a result of the fall of shopping complexes, the company had to deal with a number of challenges. Bebe’s operational loss in 2018 was $4.6 million. A further $65 million was paid to close physical locations so that the company could focus on e-commerce.
Bebe
David’s Bridal
Ornate wedding ceremonies and gowns with lace appliques are a thing of the past. As a result, more brides are choosing for less traditional weddings with cheaper budgets and simpler clothes. It’s a shame that this happened to bridal boutiques like David’s Bridal. This particular brand’s sales are rapidly declining. A $520 million loan and $270 million in unsecured notes are also due in 2020.
David’s Bridal