What Happened to Wet Seal?

1962–2017 Retail/Apparel • United States

💥 Fate: Filed Chapter 11 in 2015 and again in 2017; all brick-and-mortar stores closed in 2017. Brand later operated online under new ownership before going quiet/intermittent.

Mall-era fast fashion for teens and young women; twice-bankrupt, shuttered stores in 2017.

Timeline

  • 1962

    Company origins in Southern California; later evolves into junior/fast-fashion retailer.

  • 1995

    Acquires Contempo Casuals from Neiman Marcus; many stores later converted to Wet Seal/Arden B.

  • 2000

    Peak mall-era presence with hundreds of stores across the U.S.

  • 2015

    Files Chapter 11; announces large-scale store closures amid declining mall traffic.

  • 2017

    Announces closure of all remaining stores after losing financing.

  • 2017

    Second bankruptcy; intellectual property sold, brand pivots to online-only under new ownership.

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