India is the world's largest gold importer. The government hiked import taxes on gold to control the outward flow of cash, but for weddings, the lure of the yellow metal is not fading.
Private equity firm Clayton, Dubilier and Rice's proposal to buy David’s Bridal for $1.05 billion is a reminder that wedding wear is still a big retail business.
According to a recent survey by TheKnot.com, the average wedding in the U.S. now costs over $27,000. But Americans aren't the only ones throwing their money towards the perfect nuptials.
Going to a wedding can be fun but going to multiple weddings in one year can get expensive. Marketplace Public Insight producer Angela Kim has been to her share of weddings and discusses her experience.
