Bebe
Bebe’s sales began to fall after Neda Mashouf, the creative director and wife of founder Manny Mashouf, left the company. The company was established in 1979. The firm encountered several problems as a result of the decline of retail malls. In 2018, Bebe had a $4.6 million operating loss. It also invested $65 million to shut retail sites and focus on e-commerce.
David’s Bridal
Fancy gowns and expensive wedding traditions appear to be a thing of the past. Instead, many brides are opting for lower-cost weddings and more casual dresses. This is bad news for wedding gown stores like David’s Bridal. The sales of this brand are quickly dropping. They also have a $520 million loan and $270 million in unsecured notes that are due in 2020.