Wet Seal

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 … [Read more...]

March 22, 2013 - Jeff Prine

Arden B., John Goodman, Wet Seal

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...]

February 7, 2013 - Jeff Prine

Arden B., Banana Republic, Bloomingdale's, Bon-Ton Stores, Buckle Inc., Carol Meyrowitz, Cato, Costco, Fiscal Cliff, Gap Inc., Glenn Murphy, Gregg Steinhafel, Hot Topic, Jay Stein, John Goodman, Ken Perkins, Kevin Mansell, Kohl's, La Senza, Lisa Harper, Macy's, Macy's Inc., Michael Balmuth, Nordstrom, Old Navy, Retail Metrics, Ross Stores, S&P 500 Index, Stage Stores Inc., Stein Mart, Target, Terry Lundgren, The Gap, Thomson Reuters, TJX Companies, Torrid, U.S. Congress, Victoria's Secret, Wet Seal, Zumiez

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...]

February 4, 2013 - Jeff Prine

Arden B., John Goodman, Ken Seipel, Susan McGalla, Wet Seal

CEO Changes at Sears Holdings, Wet Seal, Delia’s

Edward Lampert

Sears Holdings Chairman Lampert to Take on CEO Duties Hoffman Estates, IL—Edward Lampert, the controversial hedge-fund … [Read more...]

January 8, 2013 - Accessories Staff

Delia's, Edward Lampert, ESL Investments, John Goodman, Kmart, Lou D'Ambrosio, Sears, Sears Holdings, Susan McGalla, Walter Killough, Wet Seal

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...]

January 3, 2013 - Accessories Staff

Arden B., Banana Republic, Black Friday, Brendan Hoffman, Buckle Inc., Cato, Costco, Fiscal Cliff, Gap Inc., Glenn Murphy, Gregg Steinhafel, Holiday, Holiday Shopping, Hot Topic, Hurricane Sandy, International Council of Shopping Centers (ICSC), John Cato, Ken Perkins, Kevin Mansell, Kohl's, La Senza, Macy's Inc., Michael Balmuth, Michael Glazer, Michael Niemira, Nordstrom, Nordstrom Rack, Old Navy, Retail Metrics, Ross Stores, Stage Stores Inc., Terry Lundgren, The Bon Ton, The Gap, Thomson Reuters, TJX Companies, Torrid, Victoria's Secret, Wet Seal, Zumiez

Sandy Dampens November Comp Store Sales Reports

Saks Fifth Avenue's flagship Fifth Avenue store boarded up and closed as Hurricane Sandy crashed into the New York metro area on Oct. 29.

New York—Thankfully, many U.S. retailers reported today that their holiday shopping seasons, particularly since Thanksgiving, … [Read more...]

November 29, 2012 - Accessories Staff

Black Friday, Buckle Inc., Carol Meyrowitz, Costco, Cyber Monday, Deloitte LLP, Fitch Ratings, Gap Inc., Glenn Murphy, Holiday Shopping, Hurricane Sandy, International Council of Shopping Centers (ICSC), Jay Stein, Kevin Mansell, Kohl's, Layaway, Limited Brands, Macy's Inc., Michael Balmuth, Michael Glazer, National Retail Federation (NRF), Nordstrom, Ross Stores, Stage Stores, Stein Mart, Target, Terry Lundgren, Thanksgiving, The Bonton Stores, TJX Companies, Wet Seal, Zumiez

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 … [Read more...]

November 1, 2012 - Accessories Staff

Arden B., Bloomingdale's, Bon Ton, Brendan Hoffman, Buckle Inc., Carol Meyrowitz, Cato, Costco, Gap Inc., Gregg Steinhafel, Holiday Shopping, Hurricane Sandy, International Council of Shopping Centers (ICSC), Kohl's, Limited Brands, Macy's, Macy's Inc., Michael Niemira, Nordstrom, Ross Stores, Stage Stores, Stein Mart, Target, Terry Lundgren, The Gap, Thomson Reuters, TJX Companies, Wet Seal, Zumiez

Following Shake Up, Wet Seal Gets New Board Chairman

Foothill Ranch, CA—Lynda Davey, one of the new board members appointed to Wet Seal Inc. following the ouster of four board … [Read more...]

October 12, 2012 - Accessories Staff

Clinton Group, Hal Kahn, Kathy Bronstein, Lynda Davey, Wet Seal

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 … [Read more...]

October 9, 2012 - Accessories Staff

Arden B., Clinton Group, Greg Taxin, Hal Kahn, Harriet Sustarsic, Kathy Bronstein, Ken Seipel, Susan McGalla, True Religion, Wet Seal

September Retail Comp Sales: Solid, not Stellar

September shopping

New York--With their back-to-school sales in their final month, and gearing up for fall and holiday merchandise, retailers … [Read more...]

October 4, 2012 - Accessories Staff

Arden B., Banana Republic, Bon Ton, Brendan Hoffman, Buckle Inc., Carol Meyrowitz, Cato, Costco, Gap Inc., Gregg Steinhafel, International Council of Shopping Centers (ICSC), Jay Stein, John Cato, Ken Perkins, Kohl's, La Senza, Limited Brands, Macy's Inc., Michael Balmuth, Nordstrom, Old Navy, Retail Metrics, Ross Stores, Stage Stores Inc., Stein Mart, Target, Terry Lundgren, The Gap, TJX Companies, Victoria's Secret, Wet Seal, Zumiez

Clinton Group Has Short Lived Victory in Wet Seal Battle?

Wet Seal

Foothill Ranch, CA—After an apparent brief victory whereby Wet Seal board members agreed to resign and be replaced by … [Read more...]

October 3, 2012 - Accessories Staff

Clinton Group, Greg Taxin, John Goodman, Joseph DePerio, Kathy Bronstein, Securities & Exchange Commission (SEC), Wet Seal

Wet Seal Board, Activist Investor Step Up War of Words

wet-sealstore

Foothill Ranch, CA—No resolution appears in sight in the proxy battle at Wet Seal that has pitted the young women’s … [Read more...]

September 28, 2012 - Accessories Staff

Clinton Group, Institutional Shareholder Services (ISS), John Goodman, Kathy Bronstein, Securities & Exchange Commission (SEC), Susan McGalla, Wet Seal

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