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Fashion Startup Nasty Gal to Lay Off 10% of Staff

CEO Sheree Waterson called the move a "strategic restructuring."
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Source: Nasty Gal

Nasty Gal, a fashion retailer known for its provocative styles, is slashing about 10 percent of its staff in what Chief Executive Officer Sheree Waterson describes as a "strategic restructuring," The layoffs affect 19 employees spread across various departments.

Founded in 2006 by Sophia Amoruso as an EBay store, Nasty Gal grew from a spot for Amoruso to flip vintage clothes to a $100 million empire of edgy fashion. In 2012, it began selling its own private-label clothes, including lots of lace, ultra-short rompers, and plenty of plunging necklines. In January, it collaborated with Courtney Love to create a collection inspired by the grunge musician's outfits.