The joint venture comprised of Boston-based Gordon Brothers and Chicago-based Hilco Global, announced that they have begun the store closure process for the remaining 137 Wet Seal stores and ecommerce website as part of Wet Seal’s bankruptcy...
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February 09, 2017, 06:52 AM
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Versa Capital Management, LLC announced that one of its affiliates has completed the previously announced acquisition of the business of The Wet Seal, Inc., a pioneer in young women’s fast fashion retailing through mall stores and e-commerce. The...
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April 16, 2015, 07:17 AM
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Versa Capital Management, LLC (“Versa”) announced today that one of its affiliates was declared the winning bidder in the auction for the business of The Wet Seal, Inc. (“Wet Seal”), a specialty retailer in reorganization proceedings. “We believe our...
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March 16, 2015, 08:14 AM
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The Wet Seal, a specialty retailer to young women, announced that it has filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy...
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January 16, 2015, 07:23 AM
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