The Truth Behind David Of David's Bridal

David Reisberg probably never imagined how successful David's Bridal would become. In 1990, Phillip Youtie, along with a business partner, opened the first David's Bridal Warehouse in Hallendale, Florida (via Insider). In 1999, the company went public for $100 million, and one year later it was acquired by May's Department Stores for $436 million, according to The Wall Street Journal. In 2012, Clayton, Dubilier & Rice purchased David's Bridal, with the company valued at $1 billion at the time.

Last year, David's Bridal celebrated its 70th anniversary, dressing more than 35 million brides, bridesmaids, mothers, and grandmothers of brides and grooms.

"This is a brand with deep history, heritage, and legacy," Jim Marcum, Chief Executive Officer of David's Bridal, said in a press release. "A brand so committed to their customer, so passionate about giving her the best experience possible, so dedicated to celebrating her and being by her side every step of the way. I am immensely proud of what we have been able to accomplish with her mind. From changing policies to better serve our customers, to investing in digital and technological advancements, acquisitions, large scale partnerships, and in-store developments and expansion, I am so proud at how far we have come, and incredibly excited for what's next."