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)



|                                                               |  |                 |        |                 |   |         |                 |  |   |                 |     |  |                 |          |     |  |   |         |    
|-------------------------------------------------------------- |  | --------------- | ------ | --------------- | - | ------- | --------------- |  | - | --------------- | --- |  | --------------- | -------- | --- |  | - | ------- | ---
|                                                               |  | February 2,2008 |        | February 3,2007 |   |         | January 28,2006 |  |   | January 29,2005 |     |  | January 31,2004 |         
|EARNINGS:                                                      |  |                 |        |                 |   |         |                 |  |   |                 |     |  |                 |          |     |  |   |         |    
|Income (loss) before provision for income taxes                |  | $               | 23,610 |                 | $ | (12,530 | )               |  | $ | (29,032         | )   |  | $               | (164,080 | )   |  | $ | (61,287 | )  
|Fixed charges                                                  |  |                 | 19,827 |                 |   | 48,646  |                 |  |   | 54,738          |     |  |                 | 24,898   |     |  |   | 22,965  |    
|Accretion of non-cash dividends on convertible preferred stock |  |                 |        |                 |   |         |                 |  |   | (23,317         | )   |  |                 |          |     |  |   |         |    
|                                                               |  |                 |        |                 |   |         |                 |  |   |                 |     |  |                 |          |     |  |   |         |    
|Total earnings                                                 |  | $               | 43,437 |                 | $ | 36,116  |                 |  | $ | 2,389           |     |  | $               | (139,182 | )   |  | $ | (38,322 | )  
|                                                               |  |                 |        |                 |   |         |                 |  |   |                 |     |  |                 |          |     |  |   |         |    
|FIXED CHARGES:                                                 |  |                 |        |                 |   |         |                 |  |   |                 |     |  |                 |          |     |  |   |         |    
|Interest expense and amortization of deferred financing costs  |  | $               | 1,136  |                 | $ | 31,955  |                 |  | $ | 15,150          |     |  | $               | 2,663    |     |  | $ |        |    
|Estimated interest expense included in minimum gross rent (5)  |  |                 | 18,691 |                 |   | 16,691  |                 |  |   | 16,271          |     |  |                 | 22,235   |     |  |   | 22,965  |    
|Accretion of non-cash dividends on convertible preferred stock |  |                 |        |                 |   |         |                 |  |   | 23,317          |     |  |                 |          |     |  |   |         |    
|                                                               |  |                 |        |                 |   |         |                 |  |   |                 |     |  |                 |          |     |  |   |         |    
|Total fixed charges                                            |  | $               | 19,827 |                 | $ | 48,646  |                 |  | $ | 54,738          |     |  | $               | 24,898   |     |  | $ | 22,965  |    
|                                                               |  |                 |        |                 |   |         |                 |  |   |                 |     |  |                 |          |     |  |   |         |    
|RATIO OF EARNINGS TO FIXED CHARGES                             |  |                 | 2.2    |                 |   |        | (1)             |  |   |                | (2) |  |                 |         | (3) |  |   |        | (4)
|                                                               |  |                 |        |                 |   |         |                 |  |   |                 |     |  |                 |          |     |  |   |         |    



|(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.
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|(4) | Earnings were insufficient to cover fixed charges by $61.3 million.
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|(5) | Interest component is estimated to be one-third of minimum gross rent.
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