Bankruptcy / Closurehigh2017
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Wet Seal
Apparel & Fashion ยท owned by Versa Capital Management
Wet Seal filed two bankruptcies, closing all 575 stores
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.
Store count
Before
575 stores (peak)
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After
0
Change
-100%
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