Lacoste collaborates with Netflix, while David's Bridal potentially faces bankruptcy.
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In the world of retail and fashion, there's always something new to talk about. Here are some recent developments that caught our eye.
Sam's Club Celebrates 40th Anniversary
April 7 marked the 40th anniversary of Sam's Club, the membership-only retail warehouse club owned by Walmart. To celebrate, the company announced several initiatives and special events to commemorate this milestone.
Philadelphia's Limited-Edition Tax-Free Bagel
Philadelphia, the iconic cream cheese brand, has partnered with H&H Bagels to release a limited-edition Tax-Free Bagel nationwide. The promotion will run from Friday to Tuesday, offering consumers a tax-free bagel experience.
Job Cuts in the Retail and Technology Sectors
The retail industry and the technology sector have seen significant job cuts recently. Amazon announced another 9,000 layoffs on top of more than 18,000 confirmed in January. Meanwhile, the technology sector led all industries in the number of job cuts in the first quarter.
The Ongoing Bankruptcy Saga of David's Bridal
David's Bridal, the bridal retailer, filed for Chapter 11 bankruptcy protection back in November 2018 to reorganize and reduce about $400 million in debt. As of August 2025, the company remains an active debtor in bankruptcy case number 18-12635, indicating the bankruptcy process has been ongoing for several years.
Although bankruptcy could potentially lead to store closures, no recent definitive information confirms a full closure or liquidation of all stores. The case is still active, with filings and court activities as recent as August 2025.
UBS Predicts Retail Store Closures
UBS analysts predict that 50,000 retail stores may close by 2027, highlighting the ongoing challenges faced by the retail industry.
Fashion Collaborations
In the world of fashion, there have been some exciting collaborations. Gucci has launched a by-appointment salon in Los Angeles, offering private appointments that can be booked for up to a day long. The salon features made-to-order collections for men and women, accessories, luggage, decor, high jewelry, and watches.
Netflix and Lacoste are partnering on a collection of apparel that crosses Lacoste's crocodile with characters and costumes from shows like "Stranger Things," "Bridgerton," "The Witcher" and "Sex Education." The collection features a genderless clothing line, with the Lacoste crocodile wearing a "Bridgerton"-inspired wig, riding a bike, and transformed into a demogorgon.
Philadelphia's Bagel Tax Opposition
The Philadelphia cream cheese brand is strongly opposing a tax on sliced and spread bagels in New York City. The brand finds the tax "ludicrous," adding to the ongoing debate about food taxes in the city.
[1] Court Docket Listings for David's Bridal Bankruptcy Case Number 18-12635 (accessed August 2025) [2] Recent Filings in David's Bridal Bankruptcy Case (accessed August 2025) [3] UBS Predicts 50,000 Retail Store Closures by 2027 (accessed August 2025) [4] David's Bridal Remains in Chapter 11 Bankruptcy Proceedings (accessed August 2025)
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