sets its sights on Nasty Gal

The UK fashion retailer has its eye on acquiring Los Angeles brand Nasty Gal. Nasty Gal Inc has announced it is seeking permission from the US Bankruptcy Court to launch an auction process for the sale of its business, and is set to ask for approval for Boohoo to act as the 'stalking horse bidder'. A potential purchase would be a further boost for the rapidly-growing Manchester-based Boohoo, which added the fashion site Pretty Little Thing to its portfolio earlier this year, as well as teming up with model Jordyn Woods on a size-inclusive capsule collection released last autumn.

Excerpt from: sets its sights on Nasty Gal