The Wet Seal, Inc. Appoints Lesli Gilbert EVP, Stores and Operations
FOOTHILL RANCH, Calif. -- June 10, 2013
The Wet Seal, Inc. (Nasdaq:WTSL), a leading specialty retailer to young women,
announced today that retail veteran Lesli Gilbert has been appointed Executive
Vice President, Stores and Operations, effective immediately. Ms. Gilbert
replaces Barbara Cook, former Senior Vice President, Store Operations, who
resigned in February.
Commenting on the announcement, John Goodman, Chief Executive Officer, stated,
“We are pleased to welcome Lesli and believe she is an ideal fit with Wet
Seal’s business, brand positioning and organizational culture. Lesli will take
responsibility for leading our field organization and store teams, inspiring
the vision and values of our Wet Seal and Arden B brands in stores and driving
consistent execution. We look forward to her contributions as we continue to
pursue our fast fashion strategies and position the business to achieve
consistent, long-term growth.”
Most recently, Ms. Gilbert was Senior Vice President of Stores at The Talbots,
Inc., where she was responsible for developing the stores strategy and
framework to reposition the business. Prior to Talbots, Ms. Gilbert held
various general management positions with responsibility for leading sales,
marketing, training and customer service with T-Mobile US, Inc. and Gap Inc.
Earlier in her career, she held regional and district sales manager positions
with Charlotte Russe, Inc., Discovery Channel, Sunglass Hut International and
About The Wet Seal, Inc.
Headquartered in Foothill Ranch, California, The Wet Seal, Inc. is a leading
specialty retailer of fashionable and contemporary apparel and accessory
items. As of May 4, 2013, the Company operated a total of 526 stores in 47
states and Puerto Rico, including 464 Wet Seal stores and 62 Arden B stores.
The Company's products can also be purchased online at www.wetseal.com or
www.ardenb.com. For more Company information, visit www.wetsealinc.com.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF
1995: This news release contains forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995. These
forward-looking statements include, but are not limited to, statements that
relate to the intent, belief, plans or expectations of the Company or its
management. All forward-looking statements made by the Company involve
material risks and uncertainties and are subject to change based on factors
beyond the Company's control. Accordingly, the Company's future performance
and financial results may differ materially from those expressed or implied in
any such forward-looking statements. Such factors include, but are not limited
to, those described in the Company's filings with the Securities and Exchange
Commission. The Company will not undertake to publicly update or revise its
forward-looking statements even if experience or future changes make it clear
that any projected results expressed or implied therein will not be realized.
The Wet Seal, Inc.
Steven H. Benrubi, (949) 699-3947
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