Content about Wet Seal

January 17, 2014

Leading beauty products manufacturer Elizabeth Arden is the latest company to cite an intensely promotional marketplace as the reason for worse-than-expected holiday season sales and profits.

August 8, 2013

The Wet Seal Inc. reported net sales of $137.2 million during the second quarter of fiscal 2013. Despite seeing a 1.5% increase from the second quarter of the previous year, results fell a bit short of the $138.5 million analysts had estimated.

August 1, 2013

Specialty retailer Wet Seal has signed on with Demandware to use the cloud commerce solutions provider’s commerce platform as a component of its e-commerce and digital marketing strategy.

August 1, 2013

Specialty retailer Wet Seal has signed on with Demandware to use the cloud commerce solutions provider’s commerce platform as a component of its e-commerce and digital marketing strategy.

June 10, 2013

The Wet Seal has appointed retail veteran Lesli Gilbert to the position of EVP, stores and operations. She replaces Barbara Cook, who resigned as the company's SVP of store operations in February.

May 28, 2013

The Wet Seal’s CEO focused on the positive following the company’s first quarter results for the period ended May 4.

April 1, 2013

Wet Seal has announced the promotions of the company’s two divisional merchandising managers for its Wet Seal brand.

March 21, 2013

The Wet Seal reported that net sales for the fourth quarter were $161.7 million compared with net sales of $163.2 million for the 13-week fourth quarter in fiscal 2011.

February 11, 2013

The Wet Seal announced that Barbara Cook, SVP store operations, has resigned from the company to accept a new professional opportunity.

February 4, 2013

The Wet Seal Inc. on Friday announced that its COO is resigning as the struggling retailer initiates a corporate workforce reduction as part of a broader cost-saving initiative.

October 10, 2012

The Wet Seal has named four new members to its board of directors and Lynda Davey as chairman of the board.

October 5, 2012

Wet Seal merchandising executive, Harriet Sustarsic has left the company to become SVP, general merchandise manager for True Religion Brand Jeans.

October 5, 2012

Wet Seal, just days after encouraging its shareholders to reject efforts by Clinton Group to replace its board of directors, reached an agreement with Clinton Group giving them four spots on its board of directors.

October 5, 2012

Wet Seal, just days after encouraging its shareholders to reject efforts by Clinton Group to replace its board of directors, reached an agreement with Clinton Group giving them four spots on its board of directors.

October 4, 2012

Teen retailer Wet Seal continues to urge its shareholders to reject efforts by Clinton Group to replace the company’s current experienced directors with Clinton Group’s hand-picked nominees who lack relevant experience.

October 3, 2012

The Wet Seal reported that total sales declined 9.9% to $48.3 million for the month of September.

August 24, 2012

As part of its push toward forcing Wet Seal to put itself up for sale, investor Clinton Group has named its own slate of board candidates to replace the existing members.

August 2, 2012

Many retailers reported better-than-expected results in July as warm weather and clearance sales drew shoppers into stores.

July 25, 2012

Shortly after announcing the firing of its CEO, Wet Seal said it was looking into the possible sale of the company to the Clinton Group.

July 25, 2012

Shortly after announcing the firing of its CEO, Wet Seal said it was looking into the possible sale of the company to the Clinton Group.

July 23, 2012

Wet Seal has terminated the employment of its CEO, Susan McGalla, and has begun a search for a new executive to head the struggling young women's apparel retailer.

March 23, 2012

Teen apparel retailer The Wet Seal reported net income for the fourth quarter dropped to $1.1 million from $5.3 million a year earlier.

March 22, 2011

The Wet Seal announced Monday that it has hired Ken Seipel as president and COO, effective March 28.

February 3, 2011

NEW YORK -- Many retailers surprised with solid January revenue reporting on Thursday, despite snowstorms that raged across the country during the month.

The reports, many of which surpassed Wall Street expectations, offer encouragement that strength in consumer spending is continuing after a merry holiday season.

 Costco Wholesale Corp, Victoria's Secret parent Limited Brands and teen retailer Wet Seal were among those that beat analyst expectations. Target, however, lagged, behind.

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