Wet Seal Inc
Macro factors, particularly in the US and Europe, have created a somewhat challenging environment for retailers in 2014. Many succumbed to h...
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...
| 13 Nov 2013
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 recession. But today's teens are not spending money like they used to.
| 8 Feb 2013
2013 got off to a strong start for US clothing and footwear retailers in January, with many reporting their best performance since September 2011.
| 7 Feb 2013
The following is a general roundup of US apparel and shoe retailers' January 2013 sales results.
| 3 Jan 2013
The following is a general roundup of US apparel and shoe retailers' December 2012 sales results.
| 27 Aug 2014
Hot on the heels of expanding its Dockers brand license agreement with Levi Strauss & Co for the third time in four months, Hampshire Group CEO Paul Buxbaum is optimistic the company turnaround is starting to take hold. Here he talks to just-style about new opportunities and on-going efforts to leverage the firm's supply chain.
| 16 Apr 2015
Teen apparel retailer The Wet Seal Inc is to continue with the strategies it developed prior to filing for bankruptcy, as its takeover by private equity investment firm Versa Capital Management completes.
| 17 Mar 2015
An affiliate of private equity investment firm Versa Capital Management has won the auction to acquire beleaguered teen apparel retailer The Wet Seal, months after it filed for bankruptcy protection.
| 30 Jan 2015
Jones New York has become the US apparel industry's latest casualty, revealing it will close all 127 of its stores and end its wholesale business as the women's clothing brand seeks strategic alternatives.
| 16 Jan 2015
Beleaguered teen apparel retailer The Wet Seal has become the first major casualty of 2015 to file for Chapter 11 bankruptcy protection.
| 8 Jan 2015
Fast fashion retailer The Wet Seal is closing 338 stores with immediate effect, leading to the loss of 3,695 full and part-time jobs.
| 11 Dec 2014
Fashion retailer The Wet Seal recorded a wider third-quarter net loss as sales continued to decline across the business.
| 25 Nov 2014
Beleaguered business The Wet Seal has assembled a team to identify and analyse potential strategic and financial alternatives.
| 21 Nov 2014
Beleaguered business The Wet Seal has appointed company executive Thomas Hillebrandt to the role of interim chief financial officer.
| 20 Nov 2014
Clinton Group, a shareholder of beleaguered business The Wet Seal, has written to the firm's board seeking clarification on its liquidity and suggesting options to shore up its balance sheet.
| 13 Nov 2014
Apparel design and manufacturing business Joe Benbasset Inc has selected the BlueCherry Enterprise Suite from CGS to replace its legacy systems and improve visibility and alignment of customer and production orders.
| 15 Oct 2014
Beleaguered retail business The Wet Seal is cutting 78 jobs as part of plans to trim millions of dollars from its cost base every year.
| 3 Oct 2014
Steve Benrubi, the CFO of troubled retailer The Wet Seal, has announced his decision to step down as finance chief.
| 26 Sep 2014
Troubled retailer The Wet Seal has appointed former company executive Jon Kubo to the newly created role of chief digital officer.
| 11 Sep 2014
The new CEO at troubled retailer The Wet Seal says he will “move quickly” to restore growth after the women’s wear business posted a loss in the second quarter.
| 3 Sep 2014
Former Wet Seal CEO Edmond Thomas is to return to the helm of the teen apparel retailer, replacing John Goodman who has left the company.
| 19 Jun 2014
Colourful American Apparel founder Dov Charney has been ousted by the company’s board of directors as investigations into misconduct allegations continue.
| 28 May 2014
Specialty apparel retailer The Wet Seal swung to a "disappointing" loss during the first quarter, after "disruptive" weather and soft traffic dampened sales.
| 25 Apr 2014
The Wet Seal is to wind down its Arden B brand with the closure of 31 stores, as the specialty apparel retailer looks to grow its namesake label.
| 21 Mar 2014
Specialty apparel retailer The Wet Seal has narrowed its loss during the fourth quarter, after lower expenses offset a double-digit decline in sales.
| 6 Feb 2014
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.
| 19 Dec 2013
Activist investor Clinton Group has said it is looking at financing options for a possible acquisition of US women's apparel retailer Wet Seal.
| 5 Dec 2013
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.
| 16 Oct 2013
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.
- Nike reaffirms US production commitment
- M&S to launch supply chain human rights policy
- Levi Strauss raises the bar on sustainability
- VF pushes ahead on chemicals management
- Gap and H&M back Myanmar path to labour reform
- Myanmar minimum wage set at US$3.2 per day
- China cotton stockpile auction may shake up market
- Far Eastern to invest $323m in Vietnam textile hub
- C&A to add "accurate fit" label to garments
- US retail landscape "mediocre" over next 5 years