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In 2013, Wet Seal reached a $7.5 million (~$9.67 million in 2023) settlement with minority plaintiffs who charged that the company directed managers to fire African American employees who they thought did not fit the company's brand image which is the "Armani look, white, blond hair and blue eyes."
The Wet Seal, Inc. Issues Letter to Shareholders Questions Clinton Group's Recent Day Trading Activity and Reiterates Concerns about Their Short-Term Motives FOOTHILL RANCH, Calif.--(BUSINESS WIRE ...
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Specialty retailer The Wet Seal Inc. (NASDAQ: WTSLA) announced this morning that it had reached an agreement with private equity firm Clinton Group that resulted in four of the retailer's ...
Authorization hold (also card authorization, preauthorization, or preauth) is a service offered by credit and debit card providers whereby the provider puts a hold of the amount approved by the cardholder, reducing the balance of available funds until the merchant clears the transaction (also called settlement), after the transaction is completed or aborted, or because the hold expires.
Wet Seal (NAS: WTSL) reported earnings on March 21. Here are the numbers you need to know. The 10-second takeaway For the quarter ended Feb. 2 (Q4), Wet Seal beat slightly on revenues and met ...
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