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Wet Seal Inc

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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.

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2013 got off to a strong start for US clothing and footwear retailers in January, with many reporting their best performance since September 2011.

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2013 got off to a strong start for US clothing and footwear retailers in January, with many reporting their best performance since September 2011.

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2013 got off to a strong start for US clothing and footwear retailers in January, with many reporting their best performance since September 2011.

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.

Liquidator Gordon Brothers has confirmed to just-style it has acquired the Wet Seal brand with a bid of US$3m, following court approval of the transaction last week. 

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Teen apparel retailer Wet Seal is understood to have shuttered all of its stores after failing to secure a buyer or fresh capital.

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Teen apparel retailer The Wet Seal, a portfolio company of private equity firm Versa Capital Management, has named veteran retailer Melanie Cox as CEO.

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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.

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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.

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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.

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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.

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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.

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Beleaguered teen apparel retailer The Wet Seal has become the first major casualty of 2015 to file for Chapter 11 bankruptcy protection.

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Beleaguered teen apparel retailer The Wet Seal has become the first major casualty of 2015 to file for Chapter 11 bankruptcy protection.

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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.

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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.

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Fashion retailer The Wet Seal recorded a wider third-quarter net loss as sales continued to decline across the business.

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Fashion retailer The Wet Seal recorded a wider third-quarter net loss as sales continued to decline across the business.

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Beleaguered business The Wet Seal has assembled a team to identify and analyse potential strategic and financial alternatives.

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Beleaguered business The Wet Seal has assembled a team to identify and analyse potential strategic and financial alternatives.

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Beleaguered business The Wet Seal has appointed company executive Thomas Hillebrandt to the role of interim chief financial officer.

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Beleaguered business The Wet Seal has appointed company executive Thomas Hillebrandt to the role of interim chief financial officer.

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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.

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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.

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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.

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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.

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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.