• Home
  • Tags
  • Wet Seal

Wet Seal news and archive

Business |UPDATE Featured

Versa Capita Management wins bidding race over Wet Seal

Philadelphia-based capital firm Versa Capital Management has been the winning tender in a close bidding race to acquire teen clothing retailer Wet Seal, which filed for Chapter 11 bankruptcy two months ago. “We believe our agreement with Versa provides the best possible outcome for our creditors, employees, customers and other constituents,” Wet...