Nine West
Nine West is a footwear store with a $1.5 billion of debt. They’re now negotiating a deal to restructure this. The firm sued for insolvency and sold various assets, among other things. It has dropped the Easy Spirit brand, and almost every store has ceased operation, except for the 25 stores. The Washington Post states that it plans to concentrate more on jewelry and clothing collections than on footwear
Nine West
David’s Bridal
Because fewer brides are interested in traditional weddings, David’s Bridal struggles. This has caused a drop in sales. CheatSheet reveals it has a debt of $520 million for this year and $270 million for 2020. Scott Key, the current CEO, is planning a debt refinancing event. Unfortunately, the company’s credit rating also dropped in June 2018.
David’s Bridal
