Boohoo attempts to acquire Nasty Gal

9:41 AM

If you follow fashion industry news, at some point in the past 6 months to a year,  you have heard about whats happening over at Nasty Gal. Let me refresh your memory.

  • Sophia Amoruso stepped down as CEO
  • Lawsuit for firing 4 employees after they became pregnant
  • Company restructuring, layoffs
  • Bankruptcy

Now Boohoo (fast fashion retailer based in the U.K.)  is throwing its hat in the ring to acquire Nasty Gal after the bankruptcy proceedings. Boohoo is offering $20 million dollars for the struggling company.

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