I wrote about 32-year old Sophia Amoruso (pictured above), founder of Nasty Gal, in my book, “Exporting: The Definitive Guide to Selling Abroad Profitably.” Back then (2012), Nasty Gal made about $100 million in revenues. She has become a fashion phenom by overseeing a nascent but growing e-commerce site, selling edgy, stylish clothes to a loyal fan base.
Currently, she generates $300 million in revenues, according to Forbes’ estimates.
According to Forbes, “It [Nasty Gal] topped industry bible Internet Retailer’s list of the year’s 500 top e-commerce performers, beating out the likes of Apple and Amazon with a 92.4% five-year compound annual growth rate.”
Is her company global? You bet. Will she take her company public someday? Our guess is yes. We’ll just have to wait patiently and see. Meanwhile, strike a pose. Buy a nasty gal outfit.
Note: Don’t miss our next WEGG webinar 6/8 on “Avoiding Scams, Fraud & Deceit in Your International Business: How to Conduct Effective Due Diligence,” and presented by expert Louise Kern. Register here: https://attendee.gotowebinar.com/register/3785897085114894084. Event is no charge but you must register in advance to attend.