EXHIBIT 12.1

THE WET SEAL, INC.

COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND

PREFERRED STOCK DIVIDENDS

(AMOUNTS IN THOUSANDS, EXCEPT RATIOS AND WHERE NOTED)



|                                                               |  |                 |        |                 |   |                 |  |   |                 |     |  |                 |         |     |  |   |          |    
|-------------------------------------------------------------- |  | --------------- | ------ | --------------- | - | --------------- |  | - | --------------- | --- |  | --------------- | ------- | --- |  | - | -------- | ---
|                                                               |  | January 31,2009 |        | February 2,2008 |   | February 3,2007 |  |   | January 28,2006 |     |  | January 29,2005 |        
|EARNINGS:                                                      |  |                 |        |                 |   |                 |  |   |                 |     |  |                 |         |     |  |   |          |    
|Income (loss) from continuing operations before income taxes   |  | $               | 31,476 |                 | $ | 23,610          |  | $ | (12,530         | )   |  | $               | (29,032 | )   |  | $ | (164,080 | )  
|Fixed charges                                                  |  |                 | 23,063 |                 |   | 19,827          |  |   | 48,646          |     |  |                 | 54,738  |     |  |   | 24,885   |    
|Accretion of non-cash dividends on convertible preferred stock |  |                 |        |                 |   |                 |  |   |                 |     |  |                 | (23,317 | )   |  |   |          |    
|                                                               |  |                 |        |                 |   |                 |  |   |                 |     |  |                 |         |     |  |   |          |    
|Total earnings                                                 |  | $               | 54,539 |                 | $ | 43,437          |  | $ | 36,116          |     |  | $               | 2,389   |     |  | $ | (139,195 | )  
|                                                               |  |                 |        |                 |   |                 |  |   |                 |     |  |                 |         |     |  |   |          |    
|FIXED CHARGES:                                                 |  |                 |        |                 |   |                 |  |   |                 |     |  |                 |         |     |  |   |          |    
|Interest expense and amortization of deferred financing costs  |  | $               | 2,863  |                 | $ | 1,136           |  | $ | 31,955          |     |  | $               | 15,150  |     |  | $ | 2,650    |    
|Estimated interest expense included in minimum gross rent(4)   |  |                 | 20,200 |                 |   | 18,691          |  |   | 16,691          |     |  |                 | 16,271  |     |  |   | 22,235   |    
|Accretion of non-cash dividends on convertible preferred stock |  |                 |        |                 |   |                 |  |   |                 |     |  |                 | 23,317  |     |  |   |          |    
|                                                               |  |                 |        |                 |   |                 |  |   |                 |     |  |                 |         |     |  |   |          |    
|Total fixed charges                                            |  | $               | 23,063 |                 | $ | 19,827          |  | $ | 48,646          |     |  | $               | 54,738  |     |  | $ | 24,885   |    
|                                                               |  |                 |        |                 |   |                 |  |   |                 |     |  |                 |         |     |  |   |          |    
|RATIO OF EARNINGS TO FIXED CHARGES                             |  |                 | 2.36   |                 |   | 2.19            |  |   |                | (1) |  |                 |        | (2) |  |   |         | (3)
|                                                               |  |                 |        |                 |   |                 |  |   |                 |     |  |                 |         |     |  |   |          |    



|(1) | Earnings were insufficient to cover fixed charges by $12.5 million.
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|(2) | Earnings were insufficient to cover fixed charges by $52.3 million.
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|(3) | Earnings were insufficient to cover fixed charges by $164.1 million.
|--- | --------------------------------------------------------------------

|(4) | Interest component is estimated to be one-third of minimum gross rent.
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