12 Facts About Wet Seal

Wet Seal is an American fast fashion retailer, currently headquartered in Los Angeles, California.

Wet Seal was founded in Newport Beach, California, by Lorne Huycke in 1962 as "Lorne's".

In 1995, Wet Seal acquired 237 Contempo Casuals stores from the Neiman Marcus Group.

Wet Seal then launched the Arden B brand in November 1998 and changed most of the remaining Contempo Casual names to Arden B In June 2010, the Blink by Wet Seal concept was announced.

In 2014 Wet Seal announced that it would close all the Arden B stores by 2015.

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The company's Wet Seal stores offered apparel and accessories for teenage girls.

The Wet Seal, Inc was founded in 1962 and is based in Foothill Ranch, California.

Wet Seal typically served the same audience and competed with Forever 21, and Charlotte Russe.

In 2013, Wet Seal laid off 35 employees, mostly at the headquarters due to competition from Forever 21 in order to save $3.

In January 2015, because of increased competition in the teen clothing sector, Wet Seal shuttered a number of stores despite previously indicating to employees that the outlets would stay open.

Employees responded to this termination procedure by posting signs in the front windows outlining the way that Wet Seal management communicated the closures to staff and the relatively paltry compensation received.

On January 27,2017, Business Insider and other news outlets reported that Wet Seal was closing all of its stores immediately and terminating all staff and employees, part of an American retail phenomenon of store closures known as the retail apocalypse.