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Apparel

Wet Seal Inc

Michelle Russell

Wet Seal appoints Cox CEO

11 August 2015 | Michelle Russell

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


Top company strategic reviews of 2014

17 December 2014 | Michelle Russell

Macro factors, particularly in the US and Europe, have created a somewhat challenging environment for retailers in 2014. Many succumbed to heavy promotional activity in order to keep sales up. Subsequently, however, margins and earnings were hit. As a result, a large number of firms were forced to carry out strategic reviews on their business operations in order to turn their businesses around. Here are some of those that just-style has reported on this year.... read more


The Wet Seal assembles strategy team

25 November 2014 | Michelle Russell

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


Wet Seal appoints Hillebrandt as interim CFO

21 November 2014 | Michelle Russell

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


Wet Seal shareholder seeks liquidity clarification

20 November 2014 | Michelle Russell

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.... read more


Wet Seal finance chief Benrubi steps down

3 October 2014 | Michelle Russell

Steve Benrubi, the CFO of troubled retailer The Wet Seal, has announced his decision to step down as finance chief.... read more


Wet Seal appoints Kubo to head up digital

26 September 2014 | Michelle Russell

Troubled retailer The Wet Seal has appointed former company executive Jon Kubo to the newly created role of chief digital officer.... read more


US: Wet Seal warns of larger Q4 loss on sales declines

6 February 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.... read more


US: Clinton exploring financing for potential Wet Seal deal

19 December 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.... read more


US: Wet Seal widens Q3 net loss, cautions on outlook

5 December 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.... read more