David’s Bridal
Pricey weddings and fancy dresses are just a thing of the past. It has been increasingly common for brides to want smaller events and more informal wear, which is unfortunate for wedding dress shops like David’s Bridal. The corporation is dealing with a massive drop in revenue and, on top of that, it has a $520 million loan because in 2020 and $270 million in unsecured notes due in 2020.
Cole Haan
Cole Haan, a Nike-owned luxury footwear company, made the USA Today’s list of the diciest companies in 2018. Cole Haan tried to change her appearance by depending more on athletic shoes rather than dress shoes, but that back-fired. When Apax Partners claimed the company in 2013, they agreed to do away with Nike’s popular comfort technology.