David’s Bridal Is Betting on Love and Marriage To Rebound in 2024

August 31, 2023

David’s Bridal, a leading wedding retailer, is betting on a rebound in the marriage industry to help its recovery after surviving its second bankruptcy filing. The CEO, Jim Marcum, believes that an uptick in engagements will occur in the fourth quarter of this year, driving more sales in 2024. The company is focusing on broadening its marketing beyond bridal and into all special occasion events, as well as investing in new technology to attract customers and maintain its market position.

Recent News

Bass Pro Shops CEO Focuses on Affordability Amid Inflation

In response to the persistent inflation affecting the economy, Johnny Morris, the founder and CEO of Bass Pro Shops, has reaffirmed the brand’s commitment to affordability. With inflation currently at 3.4%, above the Federal Reserve’s 2% target, Morris acknowledged the reality of rising costs and emphasized that the hunting, fishing, and outdoor sporting brand will maintain its focus on delivering value to its customers.

China is Spending $47.5 Billion For Chip Industry

China is significantly bolstering its semiconductor industry with a historic investment of $47.5 billion, reflecting its strategic push to become a global leader in advanced technology. This substantial fund comes as part of China’s broader ambition to achieve technological self-reliance amid escalating tensions with the United States over chip exports.