Bebe
The sales of Bebe started to go down when Neda Mashouf, the creative director and wife of founder Manny Mashouf, left the company. The brand was developed in 1979. With the decline of shopping malls, the company had to deal with many problems. In 2018, Bebe suffered an operating loss of $4.6 million. On top of this, it paid out $65 million to shut down retail stores and focus on e-commerce.
Bebe
David’s Bridal
It looks like fancy gowns and expensive wedding ceremonies are no longer common these days. Instead, more brides are opting for cheaper weddings and more casual dresses. Unfortunately, this is not good for wedding gown retailers like David’s Bridal. This brand is suffering a rapid sales decline. On top of this, they have a loan of $520 million and unsecured notes worth $270 million, due in 2020.
David’s Bridal
