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Suzy Shier Inc

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BUSINESS
July 4, 1990 | MICHAEL FLAGG, TIMES STAFF WRITER
Wall Street flipped over Wet Seal Inc. on Tuesday. In its initial public offering, the stock of the Irvine-based chain of women's casual clothing stores soared 21%. Wet Seal closed up $3 a share at $17.25, as the third most active stock on the over-the-counter national market. The company sold 3 million shares of its common stock at $14.25 per share. Of that, 2.88 million shares were sold by the company and 125,000 shares by Suzy Shier Inc., a Canadian retailer that bought Wet Seal in 1984.
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BUSINESS
July 4, 1990 | MICHAEL FLAGG, TIMES STAFF WRITER
Wall Street flipped over Wet Seal Inc. on Tuesday. In its initial public offering, the stock of the Irvine-based chain of women's casual clothing stores soared 21%. Wet Seal closed up $3 a share at $17.25, as the third most active stock on the over-the-counter national market. The company sold 3 million shares of its common stock at $14.25 per share. Of that, 2.88 million shares were sold by the company and 125,000 shares by Suzy Shier Inc., a Canadian retailer that bought Wet Seal in 1984.
BUSINESS
May 1, 1996
Wet Seal Inc. has registered with the Securities and Exchange Commission to sell 3.1 million shares of Class A Common Stock, the company said Tuesday. Wet Seal plans to sell 765,000 shares and use proceeds for general corporate purposes, including store remodelings and repayment of debt. Suzy Shier Inc., a Toronto-based retailer that holds a controlling interest in Irvine-based Wet Seal, plans to sell 1.2 million shares.
BUSINESS
July 4, 1990 | MICHAEL FLAGG, TIMES STAFF WRITER
Wall Street has flipped over Wet Seal Inc. In its first public offering Tuesday, the stock of Irvine-based chain of women's casual clothing stores soared 21%. Wet Seal closed up $3 a share at $17.25, as the third-most-active stock on the over-the-counter national market. The company sold 3 million shares of its common stock at $14.25 per share. Of that, 2,875,000 shares were sold by the company and 125,000 shares by Suzy Shier Inc., a Canadian retailer that bought Wet Seal in 1984.
BUSINESS
March 21, 1992 | JAMES M. GOMEZ, TIMES STAFF WRITER
Wet Seal President Ken Chilvers announced his resignation for health reasons Friday. The youth-oriented women's apparel chain also released its annual results, which show profits plunged almost 42%. Chilvers, 45, the chief executive at the Wet Seal Inc., actually stepped down Monday and was immediately replaced by executive vice-president and longtime partner Kathy Bronstein, whom he said has virtually run the merchandising end of the business for the past 18 months.
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