Bebe
When Neda Mashouf, the creative director and wife of founder Manny Mashouf, left the company, Bebe’s revenues began to decline. The logo was created in 1979. The business had to deal with a slew of issues as shopping malls faded away. Bebe had a $4.6 million net loss last year. In addition, it paid $65 million to close retail stores and concentrate on e-commerce.
Bebe
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David’s Bridal
Fancy gowns and lavish wedding ceremonies seem to be a thing of the past. More brides are opting for less expensive weddings and less formal attire. This is bad news for bridal gown stores like David’s Bridal. This brand’s sales are rapidly declining. They also have a $520 million loan due in 2020, as well as unsecured notes worth $270 million.
David’s Bridal