David's Bridal

David's Bridal
Company type	Private
Industry	Specialty Retail
Founded	1950; 74 years ago; Fort Lauderdale, Florida, U.S.
Headquarters	Conshohocken, Pennsylvania, U.S.
Number of locations	195 stores in United States, Canada, and United Kingdom.
Key people	James A. Marcum (Chief Executive Officer); Kelly Cook (President, Brand, Technology and Finance); Nancy Viall (President, Merchandising and Supply Chain); Bob Walker (Chief Operating Officer); Rob Cooper (Chief Financial Officer); Andrea Dauphinee (Chief Human Resources Officer)
Products	Wedding Gowns, Bridesmaids Dresses, Social Occasion Dresses, Guest of a Wedding Dresses, Prom & Homecoming Gowns, Accessories (Jewelry, Handbags, Shoes, Veils, Headpieces), Gifts
Owner	Independent (1950–2000); May Department Stores (2000–05); Federated Department Stores (2005–06); Leonard Green & Partners (2006–12); Clayton, Dubilier & Rice (2012–18); Oaktree Capital Management (2018–2023); CION Investment Corporation (2023–present);
Number of employees	7,000
Website	www.davidsbridal.com

David's Bridal is a clothier in the United States that specializes in wedding dresses, bridesmaid dresses, prom and homecoming dresses, quinceañera dresses, flower girl dresses, other formal wear, and alterations. Until filing for bankruptcy in 2023, David's Bridal operated 298 stores in 49 states, Canada, and the United Kingdom, making it the largest American bridal-store chain^[1] It sold 25-30% of all wedding dresses purchased in the United States.^[2]

Since 2000, the chain of stores has been sold numerous times and has gone through two bankruptcy filings within a five-year period. On July 24, 2023, CION Investment Corp. took control of David's Bridal after investing 20 million dollars. With a revolving line of credit and a term loan offered by Bank of America, it was announced that the chain would have 195 stores and 7,000 employees.^[3]^[4]^[5]

^ Mead, Rebecca (29 July 2008). One Perfect Day : The Selling of the American wedding. New York: Penguin Group. ISBN 9780143113843. Archived from the original on 28 April 2017. Retrieved 10 September 2016.
^ Verdon, Joan. "David's Bridal Is Going After The Wedding Planning Market With New Platform". Forbes. Retrieved 2023-10-17.
^ "David's Bridal and CION Investment Corporation Complete Successful Transaction and Announce Plans for Go-Forward Industry Leading Bridal Company". Business Wire (Press release). 24 July 2023. Retrieved 2023-08-02.
^ "Charlotte area David's Bridal shops learn their fate after company bankruptcy sale". The Charlotte Observer. Retrieved 2023-08-02.
^ "David's Bridal Has A New Owner, And More Time For Its Turnaround". Forbes. Retrieved 2023-08-02.

[bridal-history-1] Mead, Rebecca (29 July 2008). One Perfect Day : The Selling of the American wedding. New York: Penguin Group. ISBN 9780143113843. Archived from the original on 28 April 2017. Retrieved 10 September 2016.

[2] Verdon, Joan. "David's Bridal Is Going After The Wedding Planning Market With New Platform". Forbes. Retrieved 2023-10-17.

[3] "David's Bridal and CION Investment Corporation Complete Successful Transaction and Announce Plans for Go-Forward Industry Leading Bridal Company". Business Wire (Press release). 24 July 2023. Retrieved 2023-08-02.

[4] "Charlotte area David's Bridal shops learn their fate after company bankruptcy sale". The Charlotte Observer. Retrieved 2023-08-02.

[5] "David's Bridal Has A New Owner, And More Time For Its Turnaround". Forbes. Retrieved 2023-08-02.

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