The Wet Seal, Inc. · Foothill Ranch, CA United States ·(NASDAQ (GM): WTSLA)
Company Description
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Mall rats might catch their moms shopping at a Wet Seal store. The company operates about 495 shops in the US and Puerto Rico (down from some 600 stores in 2004) that sell moderately priced casual clothing and accessories. Most of the 400-plus Wet Seal stores are mall-based and appeal to teenage girls. The retailer's more upscale Arden B. chain runs some 85 stores that target women ages 25-35. About a quarter of the firm's stores are in California, Florida, and Texas. The company has shut down its Zutopia (acquired from Gymboree in 2001) and Contempo stores to focus on its Wet Seal and Arden B. formats. The Wet Seal sells brand-name and private-label merchandise through its stores and Web sites. To read the full description, subscribe now.
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Key The Wet Seal, Inc. Financials
| Company Type | Public - NASDAQ (GM): WTSLA Headquarters |
| Fiscal Year-End | January |
| 2009 Sales (mil.) | $593.0 |
| 2009 Employees | 5,896 |
The Wet Seal, Inc. Executives
20 executives listed for The Wet Seal, Inc.'s Foothill Ranch, CA location.
| Title | Name & Bio | Contact |
| Chairman | Alan Siegel | Network |
| President, CEO, and Director | Edmond Thomas | Network |
| EVP, CFO, and Secretary | Steven Benrubi | Network |
Competition
Competitive Landscape for The Wet Seal, Inc.
Jewelry sales depend partly on consumer income. Small jewelers can effectively compete with large chains because price isn't the main factor determining sales. Profitability depends on merchandising and effective marketing. Jewelry is sold not only by specialized jewelry retailers, but also by department stores and mass merchants. Because regular gross margins are very high, often 50 percent, mass merchants have been able to cut prices and take market share. Wal-Mart is the largest jewelry retailer in the US. To read the full description, subscribe now.Top The Wet Seal, Inc. Competitors
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