David’s Bridal has reached a debt deal, enabling the bridal chain to avoid another round in bankruptcy court. Sources told Bloomberg that the retailer had discussions with lenders and equity holders from its previous bankruptcy filing, including Oaktree Capital Group, with some investors agreeing to...
Uniko and Mercado Libre announced they are teaming up to transform wedding gift registries, starting in Mexico, via the Mercado Libre powered by Uniko platform. Launched in 2015, Mexico-based Uniko provides newlyweds an online tool to register for gifts, experiences and cash. Now it also...
Stroll along certain streets in New Orleans (site of the PYMNTS bureau of slow and lost time), and you’ll come across one: A full-service, high-end bridal and wedding boutique. They are open to anyone, of course, but they remain a traditional stop for brides-to-be from...
Love is in the air, and wedding season is officially upon us. As brides try on dresses, flowers are picked and grooms are inevitably dragged to endless venues, the retail industry is also gearing up. eCommerce company Wayfair decided to dig into its registry data...
July 08, 2024
Digital wedding marketplace The Knot Worldwide has acquired Simply Eloped, an online platform for elopements and microweddings. “We were excited when the Simply Eloped team proposed the idea of an acquisition to join our family of brands, as we have long admired the business,” Tim Chi, chief executive officer of The Knot Worldwide, said in […]
November 05, 2019
David’s Bridal has reached a debt deal, enabling the bridal chain to avoid another round in bankruptcy court. Sources told Bloomberg that the retailer had discussions with lenders and equity...
August 28, 2019
Uniko and Mercado Libre announced they are teaming up to transform wedding gift registries, starting in Mexico, via the Mercado Libre powered by Uniko platform. Launched in 2015, Mexico-based Uniko...
May 25, 2017
Couples tying the knot are already on Amazon. They need wedding shoes, or honeymoon luggage, or they’ve selected the e-commerce giant to host their registry. Now they can find even...
