It Is Time To Say Goodbye To The Stores Of The Following Big Businesses

Published on 06/09/2021
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Bebe

People say that it started to go wrong for Bebe after creative director Neda Mashouf left. She was once married to Manny Mashouf, who founded the clothing brand in 1979. Now that shopping malls are on their way out, the company suffered from these changes. In 2018, the brand lost $4.6 million in operations. It also had to spend $65 million to shutter retail stores and prioritize e-commerce instead.

Bebe

Bebe

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David’s Bridal

There are many changes that have occurred in recent years. The wedding industry was not immune to these things. It is difficult for brands such as David’s Bridal since people are now going for cheap weddings and casual attire on the big day. Its sales, in particular, have suffered in the last few years. Besides that, it had a $520 million loan and $270 million in unsecured notes due last year.

David’s Bridal

David’s Bridal

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