Specialty womenswear retailer, The Wet Seal said it was closing 338 retail stores or around 66 per cent of its store count, effective on or about January 7, 2015. The apparel retailer decided to close the stores after assessing its ...
For its fiscal third quarter ended November 1, 2014, net loss at The Wet Seal, a leading specialty retailer to young women nearly tripled from the year ago quarter. In the third quarter of 2014 net loss nearly tripled to $36.0 million or ...
Red ink was splashed across all financial parameters, including revenue and net loss at womenswear apparel retailer The Wet Seal in the fiscal second quarter ended August 2, 2014. The Net sales were down 11.2% to $121.2 million in the ...
Tags: Apparel, Textile, Womenswear
Womenswear specialty retailer - The Wet Seal will raise $18.5 million by selling shares of its Class A common stock to a limited number of institutional investors in a private placement. Wet Seal said it has entered into a securities ...
Tags: Womenswear, Wet Seal, Apparel
The Wet Seal, Inc., a leading specialty retailer to young women, announced financial results for the first quarter of fiscal 2014 ended May 3, 2014. First Quarter 2014 Net sales for the quarter ended May 3, 2014, were $116.7 million ...
Tags: Wet Seal, e-commerce
Clinton Group, Inc. and its affiliates ("Clinton Group"), the owners of more than 7% of the outstanding common stock of The Wet Seal, Inc. ("Wet Seal") sent a letter to the Chief Executive Officer of Wet Seal last night commending the ...
Tags: Clinton Group, Wet Seal, teen apparel
The Wet Seal, Inc., a leading specialty retailer to young women, announced results for its fiscal fourth quarter and full year ended February 1, 2014. The Company noted that fiscal 2013 had 52 weeks versus 53 weeks in fiscal 2012; results ...
The Wet Seal, Inc., a leading specialty retailer to young women, reported net sales of $127.7 million and a comparable store sales increase of 0.8% for the 13-week period ended November 2, 2013. "We were able to deliver positive comp ...
Tags: E-commerce, Apparel
Disney Consumer Products (DCP) and ABC Family, in collaboration with The Wet Seal Inc., announced a millennial lifestyle brand called ‘Crush by ABC Family.’ This new collection will offer an assortment of apparel and accessory ...
Tags: Inspired Line, Disney&Wet
The Wet Seal, Inc., a leading specialty retailer to young women, reported net sales of $137.2 million and a comparable store sales increase of 3.7% for the 13-week period ended August 3, 2013. Fiscal Second Quarter 2013 E-commerce ...
Tags: Wet Seal, specialty retailer
Demandware, Inc., the industry-leading provider of enterprise cloud commerce solutions, announced strong financial results for its second quarter ended June 30, 2013. Second Quarter Highlights -Subscription revenue for the second ...
Tags: Demandware, Subscription revenue
Demandware, Inc., the industry-leading provider of enterprise cloud commerce solutions, announced that Wet Seal, a leading specialty retailer of fashionable and contemporary apparel and accessory items for young women, has selected the ...
The Wet Seal, Inc., a leading specialty retailer to young women, reported net sales of $140.4 million and a comparable store sales decline of 2.9% for the 13-week period ended May 4, 2013. The results exceeded prior guidance for net sales ...
bebe stores, inc announced its appointment of Brigitte Bogart as Executive Vice President of Design and Product Development, effective immediately. Rejoining bebe in a newly created role, Ms. Bogart will lead the design team for the brand. ...
Tags: bebe stores, Brigitte Bogart, Executive Vice President
The Wet Seal, Inc. a leading specialty retailer to young women, announced a corporate workforce reduction and certain other cost-saving and investment initiatives. The Company also announced the resignation of President and Chief Operating ...