85
Fashion Jobs
JO MALONE LONDON
Education Manager, Jml/lm
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Senior HR Operations Executive/ Assistant Manager
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager (Franchise)
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Commercial, Adigolf, Vietnam 1
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager 1 (Franchise)
Permanent · HO CHI MINH CITY
COLUMBIA
lo Costing & Engineering Manager
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Category Manager - Cpd
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Business Planning Manager - Cpd
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager Product Creation (Sportwear)
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Product Manager - Shu Uemura
Permanent · HO CHI MINH CITY
ADIDAS
Manager, Quality Product Integrity
Permanent · HO CHI MINH CITY
TAPESTRY
Manager, Manufacturing Engineer
Permanent · HO CHI MINH CITY
SPECIALIZED
Painting Quality Engineer - Bình Dương, Vietnam
Permanent ·
ON RUNNING
Social Compliance Specialist - Hcm Based
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Sourcing Operations
Permanent · HO CHI MINH CITY
WILLIAMS SONOMA
Wood Sustainability Specialist - (Global)
Permanent · THUẬN AN
PUMA
Manager Quality Apparel & Accessories
Permanent · HO CHI MINH CITY
PUMA
Senior Executive, Finance
Permanent · HO CHI MINH CITY
PUMA
Head of Quality Footwear
Permanent · HO CHI MINH CITY
PUMA
Quality Engineer Cobra
Permanent · HO CHI MINH CITY
PUMA
Key Account Manager, Marketplace E-Com
Permanent · HO CHI MINH CITY
ON RUNNING
Head of Footwear Sourcing
Permanent · HO CHI MINH CITY
By
Reuters
Published
Aug 2, 2012
Download
Download the article
Print
Text size

Wet Seal reports weak July sales as new styles disappoint

By
Reuters
Published
Aug 2, 2012


Photo: Wet Seal
Women's apparel retailer Wet Seal Inc reported a bigger-than-expected fall in sales at its stores open for at least a year as higher prices and new styles put off shoppers.

July same-store sales at the company fell 15.6 percent, below analysts expectations of a 14 percent decline, according to Thomson Reuters data.

The company's move away from fast fashion merchandising practices has hurt results at both its namesake and Arden B stores in the past few quarters. Higher prices for many products has also put off shoppers.

The company has been struggling to woo fashion-conscious teenagers with new styles, reflected by lackluster sales of its assortment of tops.

The company, which also sells accessories such as hats, watches and jewelry, forecast an adjusted loss of 6 to 7 cents. Analysts on average were expecting a loss of 6 cents per share, according to Thomson Reuters I/B/E/S.

The company said it expects sales of $135.3 million for the quarter, below analysts' expectations of $136.2 million.

Wet Seal had said last week it was in talks with major shareholder Clinton Group after the investor called for a sale of the company.

Shares of the Foothill Ranch, California-based company, closed at $2.77 on Wednesday on the Nasdaq.

© Thomson Reuters 2024 All rights reserved.