January 7, 2015

The Wet Seal announced it would close 338 stores, or about 66% of its total portfolio, “on or about” Jan. 7, resulting in the termination of some 3,695 full- and part-time employees.

January 5, 2015

Teen retailer Wet Seal Inc. has defaulted on a total of $28.8 million in senior convertible notes and related costs.

December 11, 2014

The troubles keep mounting for teen retailer Wet Seal Inc., which reported a wider loss for the third quarter amid lower revenues and fees related to its exit from its former Arden B business. 

November 25, 2014

Struggling teen apparel retailer Wet Seal has hired an investment banker and a senior adviser to analyze potential financial alternatives.

November 21, 2014

The Wet Seal announced that Thomas R. Hillebrandt will assume the role of interim CFO, effective December 1, 2014, concurrent with the previously announced resignation of Steven H. Benrubi, the company’s current CFO.

November 21, 2014

The Wet Seal announced that Thomas R. Hillebrandt will assume the role of interim CFO, effective December 1, 2014, concurrent with the previously announced resignation of Steven H. Benrubi, the company’s current CFO.

October 2, 2014

The Wet Seal announced today that its CFO, Steve Benrubi, has resigned.

September 11, 2014

Teen retailer The Wet Seal reported a new loss of $22 million for its second quarter, up from $1 million to $22 million in the year-ago period.

September 3, 2014

Wet Seal Inc. CEO John D. Goodman has resigned as CEO, less than two years after he joined the struggling teen retailer to turn around its business.

September 3, 2014

Wet Seal Chairperson Lynda Davey is resigning from her post, effective Oct. 1.

September 3, 2014

Wet Seal Chairperson Lynda Davey is resigning from her post, effective Oct. 1.

August 12, 2014

The Wet Seal Inc. is launching its new Wet Seal + Plus banner with 30 new stores opening Aug. 16.

May 27, 2014

Fashion retailer Wet Seal Inc. swung to a loss in its first quarter amid declining sales

April 25, 2014

The Wet Seal Inc. will begin winding down its Arden B brand. Arden B currently operates 54 mall-based stores and an e-commerce website.

April 8, 2014

The board of directors of Wet Seal Inc. has decided to reduce the cash compensation for its directors by 20% for the remainder of fiscal 2014.

April 7, 2014

The Wet Seal announced that Kathy Bronstein resigned from its board of directors, effective April 4.

March 21, 2014

The Wet Seal Inc. shrank its net loss to $27.5 million during the fourth quarter of fiscal 2013 from $85.8 million in the same quarter a year earlier.

March 10, 2014

The Wet Seal Inc. has appointed Deena Varshavskaya, Nancy Lublin and Adam Rothstein as new independent members of the company’s board of directors.

February 6, 2014

The Wet Seal Inc. reported declines in net and same-store sales for the fourth quarter and full fiscal year 2013, compared to the same periods in the prior year.

February 4, 2014

Mindy C. Meads has resigned from the board of directors of The Wet Seal, effective Feb. 4, in order to focus on her new role as CEO of specialty women’s apparel retailer Calypso St. Barth.

December 10, 2013

The Wet Seal announced a partnership with AwesomenessTV on reality series, "The Intern." AwesomenessTV, one of the most subscribed to video destinations for teens on YouTube, debuted the series on Nov. 25 and will air four weekly installments throughout the month of December.

December 4, 2013

Wet Seal recorded a loss of $14.9 million for the fiscal 2013 third quarter, essentially flat with last year.

November 7, 2013

The Wet Seal reported net sales of $127.7 million during the third quarter of fiscal 2013, down 5.8% from the same quarter in the prior year.

October 16, 2013

The Wet Seal Inc. revising its financial guidance for the third quarter of fiscal 2013 ending November 2, 2013.