Nasty Gal, the online retailer of vintage women's clothing, has laid off up to 27 employees in the last week, according to reports. That number accounts for roughly 10 percent of its staff.
Nasty Gal representatives couldn't be reached for comment Friday, but Chief Executive Sophia Amoruso told TechCrunch the company made changes to "strategically re-organize the business to fit our vision of the future."
Nasty Gal raised a $9 million Series A round in early 2012, followed by a $40 million Series B investment later that year. Its rapid growth led Inc. magazine to call it the "Fastest Growing Retailer" for the year. The downtown Los Angeles company has generated more than $100 million in revenue. Amoruso has announced plans to open brick-and-mortar stores in Los Angeles.
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