After the horrific news of our new president, hipster retailer Nasty Gal was dealing with even more problems. It seems this fashion forward brand will claim bankruptcy protection which allows businesses to reorganize. The news comes 10 years after founder and self-described #GirlBoss Sophia Amoruso launched the company, which started as an eBay shop and became one of the fasting selling ecommerce shops around.
Amoruso plans to resign as executive chairwoman, a role she took on last year after stepping down as CEO, though Nasty Gal has yet to confirm this. Recode