Wet Seal sinks into Chapter 11 - CNNMoney
01/16/15
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Wet Seal sinks into Chapter 11
CNNMoney
Unable to keep up with the world of "fast fashion," Wet Seal (WTSL) plans to reorganize itself in Chapter 11 bankruptcy. The floundering company plans to keep its doors open, operating under a $20 million financing agreement from an investment bank.
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CNNMoney
Unable to keep up with the world of "fast fashion," Wet Seal (WTSL) plans to reorganize itself in Chapter 11 bankruptcy. The floundering company plans to keep its doors open, operating under a $20 million financing agreement from an investment bank.
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