The Wet Seal Inc.,a leading specialty retailer to young women,announced that Harriet Sustarsic,Wet Seal Division Chief Merchandising Officer,has resigned from the Company to assume the role of Senior Vice President–General Merchandise Manager for True Religion Brand Jeans.Ms.Sustarsic will remain with the Company until October 19th to assist with transition of her responsibilities.
Kim Bajrech and Debbie Shinn have assumed senior leadership of the Wet Seal merchandising organization,which they previously shared on an interim basis from November 2009 through November 2011.
Ken Seipel,President and Chief Operating Officer of The Wet Seal,Inc.,commented:"We thank Harriet for her service to the Company since joining us late last year and wish her all the best in her new role at True Religion."
Mr.Seipel continued,"We are pleased to have Wet Seal merchandising leadership in the very capable hands of Kim Bajrech and Debbie Shinn.As partners in this capacity previously for two years,Kim and Debbie led this team under our fast fashion merchandising model.During that prior tenure,comparable store sales grew in nine out of ten months from November 2010 through August 2011.Given this proven success,we have complete confidence in their ability to drive the return to our previous fast fashion merchandising strategy at Wet Seal."
Headquartered in Foothill Ranch,California,The Wet Seal,Inc.is a leading specialty retailer of fashionable and contemporary apparel and accessory items.As of September 29,2012,the Company operated a total of 554 stores in 47 states and Puerto Rico,including 473 Wet Seal stores and 81 Arden B stores.
