David's Bridal UK Limited - administration

David's Bridal UK Limited, the UK wing of David's Bridal, has entered administration after its US parent obtained protection under Chapter 11 of the US Bankruptcy Code. Having previously filed for bankruptcy in 2018, the company suffered financial difficulties during the pandemic, with lockdowns forcing the closure of stores and factories. Andy Pear and Milan Vuceljic of Moorfields Advisory were appointed Joint Administrators, and will continue to trade the business to fulfil orders while conducting a stock liquidation through the retail outlets. Barclays Bank PLC has a registered charge against the company.