Bankrupt Women Retailer Nasty Gal May Have a SuitorFriday, December 2, 2016
A British online retailer has reportedly put in a bid for L.A. women’s retailer Nasty Gal Inc., which filed for bankruptcy last month.
Boohoo, founded in Manchester in 2006, registered a company with the name “Nasty Gal Limited” with the British government on Nov. 21, according to online records.
Nasty Gal, which began as an eBay business in 2006, had been looking for a buyer as far back as 2014, but was unable to find one due to its debt and other issues, according to its bankruptcy filing.
Although the company reportedly reached over $100 million in sales in 2012, its growth wasn’t sustainable in the long term.
Retail, restaurants, and hospitality reporter Caroline Anderson can be reached at firstname.lastname@example.org. Follow her on Twitter @Caroline_Mander.