The Wet Seal, Inc. Announces Executive Appointments
FOOTHILL RANCH, Calif.--(BUSINESS WIRE)-- The Wet Seal, Inc. (NAS: WTSL) , a leading specialty retailer to young women, today announced the promotions of the Company's two Divisional Merchandising Managers for its Wet Seal brand. Kim Bajrech has been appointed Senior Vice President-General Merchandising Manager of Apparel, and Debbie Shinn has been appointed Senior Vice President-General Merchandising Manager of Accessories and Ready-to-Wear. Ms. Bajrech and Ms. Shinn previously served as VP-Divisional Merchandising Manager of Apparel and VP-Divisional Merchandising Manager of Accessories and Ready-to-Wear, respectively, since July 2009. The promotions were effective March 25th, and both will continue to report to John Goodman, Chief Executive Officer.
Commenting on the promotions, Mr. Goodman stated, "We are thrilled to recognize the talents and accomplishments of Kim and Debbie. They have a deep understanding of the fast fashion market, they know the Wet Seal customer well and they are executing on all fronts as we return the business to its roots. I will continue to work closely with Kim and Debbie and feel confident that we have the right team in place to help us reenergize the Wet Seal business and drive growth."
Prior to joining Wet Seal, Ms. Bajrech was Creative Director at PJ Salvage, a leading manufacturer of fashionable PJs, loungewear and intimates. Earlier in her career, Ms. Bajrech was a Vice President-Divisional Merchandising Manager for The Wet Seal from 1990 to 2002.
Ms. Shinn served as Vice President-Divisional Merchandising Manager for Junior Sportswear at Kohl's prior to joining Wet Seal. Ms. Shinn held a variety of Vice President-General Merchandise Manager roles at Pacific Sunwear from 1998 to 2006 and started her career at Hecht's, a division of May Company, where she held several managerial positions over the course of 19 years.
About The Wet Seal, Inc.
Headquartered in Foothill Ranch, California, The Wet Seal, Inc. is a leading specialty retailer of fashionable and contemporary apparel and accessory items. As of February 2, 2013, the Company operated a total of 530 stores in 47 states and Puerto Rico, including 468 Wet Seal stores and 62 Arden B stores. The Company's products can also be purchased online at www.wetseal.com or www.ardenb.com. For more Company information, visit www.wetsealinc.com.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: This news release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements that relate to the intent, belief, plans or expectations of the Company or its management. All forward-looking statements made by the Company involve material risks and uncertainties and are subject to change based on factors beyond the Company's control. Accordingly, the Company's future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. Such factors include, but are not limited to, those described in the Company's filings with the Securities and Exchange Commission. The Company will not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.
The Wet Seal, Inc.
Steven H. Benrubi
KEYWORDS: United States North America California
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