One of the consequences of living in more austere times when it comes to personal finance is that the average person spends less on things they used to go big on. That can mean buying a smaller car, buying a more modest home, or having a less expensive wedding. Less expensive weddings are very bad news for David's Bridal. Not only are they selling less, but they're also due to repay a $520m loan in 2019 and a further £270m in 2020. Recognizing they're on the edge of a cliff they've appointed a new CEO in Scott Key, and his first big job will be to postpone or restructure those debt repayments.
No sooner had Key taken his seat than global commercial credit reference agency S&P put the boot into him by reducing the company's credit rating. The options for refinancing or rearranging those debts were sharply reduced, and a whole new strategy might be required of David's Bridal is going to make it into the 2020s.
Chefs made their way into celebrity land a while ago. But how many celebrities that weren’t trained as professional cooks are actually whizzes in the kitchen? Here are several that come to mind.
Actress Julia Roberts is confident about her cooking skills. “I’m quite a good cook,” she told E! News. “I’m like a closet home ec teacher…I can really cook anything.” Roberts has said she often cooks fish for herself and her kids. And speaking of her three children, “They think that I’m a good cook,” Roberts told People. “They actually told me that I should open a restaurant.” She also relishes cooking for the holidays, particularly shredded Brussel sprouts. Roberts hasn’t published a cookbook, but we did find recipes attributed to her for peach crisp and banana hemp muffins. Or you can make the same summer salad the actress supposedly eats.
Chrissy Teigen started off as a supermodel. Then her love of cooking filtered into her professional life too. At this point, she’s created recipes for a limited Blue Apron release and also just launched her own home and cooking line at Target named “Cravings,” after the two cookbooks she’s released. Teigen describes cooking as “a time of peace” for herself. So maybe peace out to her tuna melt sandwich or the fried chicken wings that are a favorite of her husband, John Legend.
Lady Gaga, whose real name is Stefani Joanne Angelina Germanotta, comes from a cooking Italian family. Her father started his own restaurant in New York and also published a cookbook. And apparently, Lady Gaga has inherited the family’s cooking genes. Her Instagram account occasionally features photos of her culinary activities. Sure, sometimes it’s topless cooking. But other times it’s more poignant like in the post she shared about her bringing food to the family of her dear friend who passed away. Want to try a Gaga/Germanotta family favorite? Check out her recipe for whole wheat pasta with a sweet fennel sauce.