In January 2017, it was
reported that Wet Seal was closing all
of its stores immediately and terminating all staff and
January 2015 News: The Wet
Seal, Inc. (Nasdaq: WTSL), a specialty retailer to young women,
announced that it has filed voluntary petitions for relief under Chapter
11 of the United States Bankruptcy Code in the United States
Bankruptcy Court for the District of Delaware (the "Bankruptcy Court")
on January 15, 2015. Read more about
The Wet Seal Chapter 11 filing on the Apparel Search fashion blog.
October 2013 Summary:
The Wet Seal, Inc. is a specialty retailer
operating stores selling apparel and accessory items designed for female
customers aged 15 to 39 years old. As of January 28, 2012, the Company operated
558 retail stores in 47 states and Puerto Rico. Its products can also be
purchased online through its Websites. It operates two nationwide, primarily
mall-based, chains of retail stores under the names
Wet Seal and Arden B.
Wet Seal is a junior apparel brand for teenage girls who seek trend-focused
clothing, with a target customer age range of 15 to 23 years old. Arden
B is a fashion brand for the feminine contemporary woman. Arden B targets
customers aged 25 to 39 years old and seeks to deliver collections of fashion
and basic separates and accessories for various aspects of the customers'
lifestyles. During fiscal year ended January 28, 2012 (fiscal 2011), the
Company opened 28 and closed six Wet Seal stores and opened four and closed
one Arden B stores.
The Wet Seal, Inc. (Nasdaq: WTSLA), a leading
specialty retailer to young women, today announced that the ticker symbol
for its class A common stock listed on the NASDAQ Global Select Market will
be changed from "WTSLA" to "WTSL,"
effective upon market open on Monday, February 25, 2013.
April 2006 Summary: : Headquartered in Foothill Ranch,
California, The Wet Seal, Inc. is a leading specialty retailer of fashionable
and contemporary apparel and accessory items. The company currently operates
a total of 402 stores in 47 states, the District of Columbia and Puerto
Rico, including 310 Wetseal stores and 92 ArdenB stores.
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