Nasty Gal, the booming online fashion retailer that #Girlboss author Sophia Amoruso started 10 years ago, has filed for Chapter 11 bankruptcy protection in the United States. But instead of sinking in self-defeat, Amoruso rose above the news with candor and class while on a speaking tour across Australia. Today, Amoruso bravely stepped on stage to address a crowd of upward of 1000 enraptured women at the Business Chicks event, just 24 short hours after the bad news became public.
"It's here and it's public. Hello, a thousand women!" she said to the crowd. "[The filing has] at least provided a moment for pause. What happened yesterday allows us to keep operating. … The brand is super, super strong. Filing for bankruptcy is actually the most responsible decision for the business." Although she admits the year 2016 has been difficult, both personally and professionally, she's taking the setback in stride. "It doesn't matter how big you get; you're always hustling," she remarked. She went on to emphasize the importance of managing business growth "thoughtfully," even when it feels like "trying to build a train while it's going a million miles an hour."
While this is an undeniable hiccup in Nasty Gal's growth, it's clear that the original #Girlboss isn't going anywhere. "It's much easier to tell your own story than to make things up," she concluded. We can't wait to see where her story goes from here.
What do you think of Nasty Gal filing for bankruptcy? Share your thoughts with us below!