Laughter is often considered a distraction in the workplace, but it has benefits for both staff and management, Peter Smith writes.
David’s Bridal Exits Bankruptcy, Revamps Offerings
The bridal store chain plans to offer dress options at lower price points and in a wider range of styles and sizes.
Conshohocken, Pa.—David’s Bridal has risen from the ashes like a bedazzled phoenix, emerging from Chapter 11 bankruptcy after staring down hundreds of millions of dollars in debt.
America’s largest wedding dress retailer, which was acquired in 2012 by private equity firm Clayton, Dubilier & Rich for around $1.05 billion, filed for bankruptcy in November as part of a deal with lenders to cut down hundreds of millions in debt.
This month, the company announced that the U.S. Bankruptcy Court in Delaware had approved its consensual restructuring plan and on Jan. 18, it emerged from bankruptcy, slashing debt by approximately $450 million.
The bankruptcy news initially left some brides-to-be panicked, fearing another Alfred Angelo situation. (The now-defunct bridal store filed for bankruptcy in July 2017, abruptly shuttering its locations and leaving many brides without a dress.)
However, David’s Bridal received $60 million from existing lenders and a recommitment of its existing $125 million revolving credit facility to keep its more than 300 doors open during the restructuring.
As of press time, a bright orange banner on the David’s Bridal website declaring “David’s is here to stay: our refinancing is complete!” takes visitors to a letter from CEO Scott Key.
In it, Key states: “Throughout this process, we fully delivered on our promise to our customers: Dresses arrived on time, stores remained open, and as a company we continued to deliver service worthy of five stars.”
Looking forward, the company said it is rolling out a number of perks to draw in more customers in the ever-changing niche bridal market.
It’s offering more options at lower price points and in a wider range of styles and sizes, with dresses now available in sizes 0 to 30. More of these dresses will be made available online as well.
The retailer also will offer a free online registry to customers after acquiring Seattle-based startup Blueprint Registry in August.
Additionally, stores will begin hosting events with wedding experts to assist in the planning process.
This month, the company also debuted new advertising to appeal to a wider variety of brides, including a television spot featuring a same-sex couple.
David’s Bridal is now owned by lenders including Oaktree Capital Group.
The Latest

The California jeweler is renovating its store in Fresno, with plans to show off the new space in December.

A lifelong practitioner of Pilates, Gabrielle looked to the springs’ tension and suspension when creating this ring, our Piece of the Week.

Submit your pieces for a chance to win in this year's competition.

The deadline to apply is Nov. 13.


The auction house has promoted Remi Guillemin, formerly its head of watches for the Americas and EMEA, to the role.

Zaven Ghanimian discussed the value of human craftsmanship and where the implementation of artificial intelligence does work.

Retailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.

Jewelers of America also revealed the recipients of the Seymour & Evelyn Holtzman Bench Scholarship and its own scholarship programs.

The British actor, known for his roles in “Twilight” and “The Odyssey,” will star in a campaign for the Master Control Chronometre.

The “Confetti Disco,” “Champagne Cheers,” “Tuxedo,” and “Classic Punk” jewelry collections each capture a distinct spirit of celebration.

Nelson Holdo of Newport Beach pleaded guilty to multiple counts of felony grand theft and writing bad checks and was sentenced Monday.

Cat ladies of the jewelry world, unite. Sandy Lerner’s “significant” collection of cat jewelry and other objects is going up for auction.

The branding references the back-to-back jewelry shows that new parent company Forge will host in Miami's Coconut Grove this November.

The stainless steel Patek Philippe “Calatrava” watch from the 1930s sold for nearly $80,000 at a recent Hansons Cornwall auction.

Engagement rings are important but don’t ignore the customers who are buying jewelry “just because,” Emmanuel Raheb writes.

The veteran luxury packaging executive was appointed to help the company grow its North American business.

Once the property of an Egyptian queen, the necklace was part of a larger exhibition of VCA jewelry at the Museum of Applied Arts (MAK).

The labs’ separate investigations each determined that the East African country is producing copper-bearing tourmaline.

“Chicago Collects: Jewelry in Perspective” at the Oshkosh Public Museum will feature works by Fabergé, Lalique, and Louis Comfort Tiffany.

The “Worn Well” collection is Catbird's take on classic men's jewelry.

This Buddha Mama butterfly is our Piece of the Week honoring the legend, who embraced the beautiful insect as her symbol.

The former De Beers CEO, and perhaps its next owner, will be a featured speaker at the event, slated for Sept. 4-7 in Italy.

The employee-owned jeweler was named a “Best Place to Work” in Maine, New Hampshire, and for women.

The second iteration of the jewelry collection was inspired by the zodiac and the four elements: earth, water, air and fire.

General License 104B supersedes General License 104A, which was set to expire on Sept. 1.

The package, intercepted in Indianapolis, contained fake Cartier, Tiffany & Co., and Van Cleef and Arpels jewelry.






















