Nine West
Nine West is a footwear retailer with a debt of $1.5 billion. It is currently trying to negotiate and restructure this. Among other things, the company filed for bankruptcy and sold a number of assets. It has let go of the brand Easy Spirit and ceased operations in nearly all stores but 25. The Washington Post says that it now plans to focus more on jewelry and clothing lines instead of footwear.
Nine West
David’s Bridal
David’s Bridal is struggling with the fact that fewer brides are interested in traditional weddings. This has resulted in its sales decline. CheatSheet reported that the wedding gown retailer has a loan of $520 million due this year and then $270 million due in 2020. Current CEO Scott Key is likely planning to refinance the debts. Sadly, the credit rating of the company went down in June 2018 as well.
David’s Bridal
