Nasty Gal files for bankruptcy – Sophia Amorusos resigning as executive chairwoman

Famous women fashion wear company Nasty Gal filled for bankruptcy. The founder and the Forbs top young millionaire Sophia Amoruso talked about the situation at an event held in Melbourne.

The nasty gal was founded in 2006 as an eBay store and then move to retail business. They actively operated outside USA and Australia is one the principal overseas operations.

it’s actually the most responsible thing to do right now, which is just like a bonkers thing to actually consider,” Amoruso told Business Chicks founder Emma Isaacs this morning at the event.

A few weeks ago we reported Australian children retail brand Pumpkin Patch went under and now its Nasty gal. It is a shame to see these online and offline retailers going under just before the best selling season of the year.