Apparel & Fashion

Wet Seal

Filed two bankruptcies. Versa Capital acquired 173 stores for $17.5M after first bankruptcy but failed to revive. All stores closed.

FOUNDED
1962
ACQUIRED
Versa Capital Management, 2015, $17.5 million
IMPACTS
1 documented

Editorial Record

maintained by DeathbyPE. Every claim links to a public source.

Timeline

1962

Wet Seal founded

2015

Acquired by Versa Capital Management for $17.5 million

2017

Wet Seal filed two bankruptcies, closing all 575 stores

HighClosure / Bankruptcy

Filed first bankruptcy in 2015 closing 338 stores. Versa Capital acquired remaining 173 stores for $17.5M but could not revive the brand. Second bankruptcy in 2017 closed all remaining locations.

Before / After

Store count

reported 2017

before 575 stores (peak)

after 0

-100%

Community Reviews

Share your experience →

Firsthand accounts from email-verified contributors. Community reviews are separate from the editorial record above and are not independently fact-checked.

Tracked Locations

AZ · 1

6560 Main St

Phoenix, AZ 85001 · 555-104-7011

IL · 1

5375 Main St

Chicago, IL 60601 · 555-641-3310

PA · 1

9362 Main St

Pittsburgh, PA 15201 · 555-193-4937

TX · 1

3607 Main St

Austin, TX 73301 · 555-607-5117