Arden B.


Wet Seal Q2 Loss Widens, Sales Decline

New fall fashions at Wet Seal stores

Foothill Ranch, CA—Wet Seal reported after hours Wednesday a bigger-than-expected second quarter loss. Still shares rose almost 9% … [Read more...]

Wet Seal to Phase Out Arden B Stores

arden b

Foothill Ranch, CA—As part of its strategy to regain its footing with younger consumers, Wet Seal Inc. said Friday it plans to … [Read more...]

Wet Seal Q4 Loss Narrows Despite Sales Drop

Spring trends at Wet Seal stores

Foothill Ranch, CA—Wet Seal Inc. reported late Thursday afternoon that its fourth quarter loss narrowed as overhead expenses fell … [Read more...]

Wet Seal Q3 Loss in Line, But Q4 View Weak

Wet Seal

Foothill Ranch, CA—Wet Seal Inc. reported last week a third quarter loss that was in line with estimates but faced lower revenue … [Read more...]

Wet Seal Swings into Q2 Profit on Better Margins, Lower Expenses

The launch of Wet Seal + Plus in 36 stores and online was reportedly a success.

Foothills Ranch, CA—Wet Seal Inc., which had initiated cost-cutting measure earlier this year, reported Tuesday that its swung … [Read more...]

Despite Profit, Sales Decline, Wet Seal Shows Improvement in Q1

Chain Strap Halter Maxi Dress and Accessories from Arden B

Foothill Ranch, CA—In what some analysts say is indication that its turnaround is working, Wet Seal Inc. reported Tuesday that … [Read more...]

Reporting Another Loss, Wet Seal Looks to a Fast Fashion Solution

Stay tuned: Wet Seal to hold its annual Model Search soon.

Foothill Ranch, CA—Wet Seal Inc. reported Thursday that it swung into a $85.8 million loss hit by taxes and other costs while its … [Read more...]

January Comp Sales Rise, Easily Beating Forecasts

JANretail

New York—Whether it was the U.S. Congress finally averting the so-called fiscal cliff in early January, a spate of Arctic cold … [Read more...]

Wet Seal Cuts Costs and Employees; President Resigns

Wet Seal

Foothills Ranch, CA—Wet Seal Inc. announced Friday that Ken Seipel, its president/chief operating officer, would be leaving the … [Read more...]

Good Tidings: December Comp Sales Better Than Expected

Even post-Christmas shopping helped some retailers beat sales forecasts. Others weren't so lucky.

New York—Despite unpredictable weather and politics in Washington, retailers managed to beat what had been lowered expectations … [Read more...]

October Retail Comps Up; Sandy Effects Yet to be Felt

A boarded up Saks Fifth Avenue flagship on Fifth Avenue in the aftermath of Hurricane Sandy. Saks, along with other retailers, have mostly reopened stores in New York City.

New York—While October retail comparable store sales increased nearly 5%, some retailers cautioned today that their November—and … [Read more...]

Wet Seal Chairman, 3 Directors Ousted in Shareholder Battle

Wet Seal

Foothill Ranch, CA—After weeks of battling between its board members and its third largest shareholder, Wet Seal’s board chairman … [Read more...]