Specialty retailer The Wet Seal, Inc. announced that Kathy Bronstein, Vice Chairman and Chief Executive Officer, has been relieved of her duties, effective immediately. She will be succeeded for an interim period by Irv Teitelbaum, Chairman of the Board.
Bronstein began working for the Company in 1985 as the Company’s merchandise manager. “As a visionary in the world of young women’s ready-to-wear fashion, Kathy has led the company to a position of impressive growth and achievement,” said Irv Teitelbaum, Chairman of the Board. “As we move forward, this company remains committed to our focus on providing fashion-forward quality merchandise at affordable prices for young women. Our aim is to surprise and excite shoppers with fashion newness.”
Teitelbaum has served as Chairman of The Wet Seal, Inc. since June 1984. He is also Chairman, CEO and co-founder of La Senza Corporation, a Canadian retail company with more than 460 stores of women’s apparel and lingerie, trading on the Toronto Stock Exchange.