![]() ![]() How did it get here, and how did a company with a CEO that all girl bosses look up to fail? How Over Growth Caused the Nasty Gal Bankruptcy The entire site and stock currently are 70 percent off, and customers are complaining the purchases they’ve made were charged full price on their credit cards meanwhile no customer service reps are responding to their emails for refunds. Nasty Gal will remain an online retailer and will float on thanks to Boohoo, but for the moment the company is all over the place. Today Nasty Gal is closing all of its retail stores in Los Angeles. 66 percent of Nasty Gal will be acquired by Boohoo by the end of February, for a mere $20 million. In the year 2015 alone Nasty Gal made $300 million in sales. This is why Nasty Gal failed, a brand that had recognition of 2.3 million followers on Instagram with a database of over 550,000 customers. The epitome of a cool girl clothing online boutique filed bankruptcy in November 2016. ![]()
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