Wet Seal will first operate online, and could include a wholesale component down the road.
Crocs ranked first, following the new campaign with Drew Barrymore.
The retailer reported the results of its store liquidation to a bankruptcy court judge.
While store closures are rife in retail, Ross Stores is moving ahead with plans to open close to 100 stores in 2017.
The Canada-based retailer’s offer for Wet Seal’s intellectual property makes it the stalking-horse bidder should other qualified bids be made for the company’s assets.
Lackluster sales from the retailer’s liquidation won’t be enough to pay off unaccounted for administrative fees, the committee of unsecured creditors said.
A group of landlords are asking for immediate payment on rent.
Teen angst within the industry sunk the business, but new realities at retail are emerging from this latest filing.
The company will shutter operations by the spring and has begun store closings after difficulty finding a buyer or new capital infusion.
The teen retailer, rumored to be considering a sale or bankruptcy, notified the state of layoffs at its Irvine headquarters.
LuAnn Via has left the retailer, which reported a weaker than expected holiday season.
The retailer will dip its toe back into some markets it exited during the bankruptcy and sees giftable items, sweaters and accessories as its strong suits.
Fortifying a résumé that includes activist, beauty queen and “America’s Next Top Model” runner-up, Mamé Adjei promotes positivity in the fall 2016 ads.
Finding qualified c-suite executives is tough.