50 Companies At Risk of Bankruptcy in 2020

Published on November 26, 2019
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Nine West

Nine West was a high fashion footwear retailer that was named after its first location at the Solow Building., located at 9 West 57th Street in New York. Founded in 1983, the store had grown into a major shoe retailer. With shops in Hong Kong, New York, and Canada, the shop would eventually have 800 shops in over 57 countries. Its success would be somewhat short-lived because, in 2015, they would file for bankruptcy protection. By April 2018, the store ceased to exist and closed all its physical stores.

Nine West Closed

Nine West Closed

David’s Bridal  

Specializing in wedding dresses, prom and formal wear, David’s Bridal filed for bankruptcy in January 2019. David’s Bridal has over 300 stores in over 45 states, Canada, the UK and Puerto Rico. Just as the company began 2019 filing for bankruptcy, it was bought out by Oaktree Capital Group. David’s Bridal may have found some investors, but if American teens and brides continue to go with the off-the-rack and non-traditional outfit, David’s Bridal may be back in the hole.

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David's Bridal Sale

David’s Bridal Sale