By Gillian West

Online retailer Boohoo.com looks like it’s about to embark on its second acquisition in less than a month, taking over US-based company Nasty Gal for £16.1m.

The Manchester-based brand has announced its part in the bidding process as the ‘stalking horse’ candidate, meaning that it has been selected by Nasty Gal to make the first bid.

Founded in 2006, Nasty Gal caters to the same target market as Boohoo – teenage girls and women in their 20s – generating sales of $77.1m in the year to the end of February 2016, but made a loss of $21m after tax leading Read full story ›

Source: The Drum