💥Divorcing David's Bridal💥

The bridal retailer files ... again. Also: Shutterfly is distressed. Plus: Bittrex.

On April 17, 2023, PA- headquartered bridal retailer David’s Bridal LLC and five affiliates (the “debtors”) filed chapter 11 bankruptcy cases in the District of New Jersey (Judge Gravelle) — the company’s second filing in 4.5 years.¹ The debtors sell, among other things, an assortment of bridal gowns and bridesmaid dresses across 294 stores in the US, Ca…