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C Street Advisory Group handles David’s Bridal as the wedding dress retailer files for its second bankruptcy in five years and fires more than 9,200 workers.
David’s Bridal, which boasts of being the “only omni-channel bridal retailer of scale in the U.S.” plans to keep its stores open as its searches for a buyer that can operate the business going forward.
The company blames inflation, increased online competition and the shift to more casual weddings among reasons for its latest financial downfall.
CEO James Marcum said David’s Bridal “has successfully modernized our marketing and customer interaction processes and driven our retail service levels to best in class.”
The company is determined to focus on the future because it believes it plays “an important role in ensuring that every bride, no matter her budget, can have her perfect dress.”
One in four of US brides buys her gown at David’s Bridal.
C Street Advisory Group’s Jackie Rubin handles David’s Bridal.
Prosek Partners handles New York’s Tilray Brands, craft beer & cannabis operation, as it acquires BrewDog, a leading British independent beer producer in the UK, for $45M.
Brunswick Group handles Zurich Insurance as it agrees to buy UK-based Beazley specialty insurer in a deal valued at $11B.
FGS Global represents Brink’s as it agrees to acquire NCR Atleos, which relies on Collected Strategies, in a $6.6B cash & stock deal to create a leading fintech infrastructure company. (Updated)
A January article in O’Dwyer’s proposes that in 2026, the strongest financial brands will not simply tell compelling stories—they will “signal readiness.”
C Street Advisory Group is working the Chapter 11 filing of Axip Energy Services as it unloads its nearly all of its assets to deal with a heavy debt load.
