David's Bridal plans to spin off AI platform Pearl into publicly traded company

David's Bridal plans to spin off AI platform Pearl into publicly traded company

David's Bridal told CNBC exclusively that it's planning to spin off its AI platform, Pearl, into a stand-alone publicly traded company.

David’s Bridal to spin off Pearl into stand-alone, publicly traded company

​David’s Bridal CEO Kelly Cook is expected to become the chief executive of Pearl, which will own the wedding retailer’s intellectual property and brand.

David’s Bridal Plans Pearl Spinoff in $350 Million SPAC Merger

David’s Bridal has announced plans to separate its AI-powered wedding planning and digital commerce business, Pearl, into an independent publicly... The post David’s Bridal Plans Pearl Spinoff in $350 Million SPAC Merger appeared first on citybiz.

David's Bridal plans to spin off AI platform Pearl as a public company

David's Bridal's AI spinoff could redefine wedding planning, shifting industry dynamics and emphasizing tech-driven solutions over traditional retail.