Â鶹´«Ã½

Skip to main content

David's Bridal granted creditor protection in Canada amid bankruptcy hearings in U.S.

A David's Bridal shop in Tampa, Fla., on Nov. 19, 2018. (Chris O'Meara / AP) A David's Bridal shop in Tampa, Fla., on Nov. 19, 2018. (Chris O'Meara / AP)
Share
TORONTO -

David's Bridal, the largest wedding gown store in North America, has filed for bankruptcy protection in the U.S. for the second time in five years.

An Ontario court has recognized the U.S. case as the main proceedings, and granted the retailer protection under the Companies' Creditors Arrangement Act for its Canadian operations.

The chain has about has about 300 stores and 11,000 workers across North America, including a dozen stores and 500 employees in Canada.

David's Bridal, which sells wedding dresses and formal wear, has said it could eliminate more than 9,000 jobs in the coming months.

The retailer is looking to sell the company but its stores remain open and it continues to fulfil online orders.

James Marcum, CEO of David's Bridal, says the business continues to be challenged by the post-COVID environment and uncertain economic conditions.

-----

With files from The Associated Press. This report by The Canadian Press was first published April 24, 2023

CTVNews.ca Top Stories

Police responded to the area of Beverly Street and Dundas Street North around 6 a.m. Monday for a report of a missing two-year-old boy.

There are 'no restrictions' on the right to receive health services in Quebec for English speakers, according to a new clarification document issued by the Quebec Health Ministry on Monday.

A six-year-old boy from northeastern Manitoba who had been missing since last Wednesday has been found dead.

Local Spotlight

Before influencers on social media, Canada’s Jeanne Beker was bringing the world of high fashion down to earth and as Calgary’s Glenbow Museum gets a major make-over, it will include a new exhibition showcasing the pop culture icon.

A sea lion swam free after a rescue team disentangled it near Vancouver Island earlier this week.

A Nova Scotian YouTuber has launched a mini-truck bookmobile.

Cole Haas is more than just an avid fan of the F.W. Johnson Wildcats football team. He's a fixture on the sidelines, a source of encouragement, and a beloved member of the team.

Getting a photograph of a rainbow? Common. Getting a photo of a lightning strike? Rare. Getting a photo of both at the same time? Extremely rare, but it happened to a Manitoba photographer this week.

An anonymous business owner paid off the mortgage for a New Brunswick not-for-profit.

They say a dog is a man’s best friend. In the case of Darren Cropper, from Bonfield, Ont., his three-year-old Siberian husky and golden retriever mix named Bear literally saved his life.

A growing group of brides and wedding photographers from across the province say they have been taken for tens of thousands of dollars by a Barrie, Ont. wedding photographer.

Paleontologists from the Royal B.C. Museum have uncovered "a trove of extraordinary fossils" high in the mountains of northern B.C., the museum announced Thursday.

Stay Connected