How Nasty Gal Went From an $85 Million Company to Bankruptcy - News Summed Up

How Nasty Gal Went From an $85 Million Company to Bankruptcy


The rapid rise and fall of Nasty Gal Inc., an online retailer once popular with millennial shoppers and venture capitalists, is culminating in a bankruptcy sale to a rival. In less than a decade, Nasty Gal founder Sophia Amoruso, 32 years old, transformed an eBay vintage store into a company that generated $85 million in revenue for the 2014 fiscal year. But the Los Angeles company’s swift growth led to stumbles. Leadership...


Source: Wall Street Journal February 24, 2017 10:30 UTC



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