Wet Seal Inc

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Tough times ahead for teen apparel retailers

It's not so long ago that teens were something of a sweet spot on the retail landscape, buoyed by a core customer who seemed immune to the r...

September retail sales hint at holiday forecasts

A strong end to the back-to-school shopping season and postponed demand following Hurricane Irene at the end of August contributed to the so...

US apparel retail sales shine in June

While cold weather, storms and flooding dampened demand for spring and summer merchandise in May, US apparel retailers rebounded with a bett...

US retailers see only modest sales gains in May

After receiving a late Easter boost to sales last month, it was perhaps inevitable that US apparel retailers would see only modest sales gai...

Latest News

Wet Seal narrows Q4 loss despite sales slump 21 Mar 2014

Katie Smith

Specialty apparel retailer The Wet Seal has narrowed its loss during the fourth quarter, after lower expenses offset a double-digit decline in sales.


Wet Seal warns of larger Q4 loss on sales declines 6 Feb 2014

Michelle Russell

The Wet Seal has said it expects to report a larger fourth-quarter loss than previously guided, due to lower-than-expected sales and higher promotional activity.


Clinton exploring financing for Wet Seal deal 19 Dec 2013

Michelle Russell

Activist investor Clinton Group has said it is looking at financing options for a possible acquisition of US women's apparel retailer Wet Seal.


Wet Seal widens Q3 net loss 5 Dec 2013

Michelle Russell

The Wet Seal saw its net loss widen in the third quarter, resulting in the teen apparel retailer offering a cautious outlook for the remainder of the year.


The Wet Seal lowers Q3 outlook on softer traffic 16 Oct 2013

Katie Smith

Teen apparel retailer The Wet Seal has lowered its sales guidance for the third quarter, blaming softer mall traffic in September and October for increased promotional activity.

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