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I agree this was very interesting especially if it really only included just the brand name and the company's customer list: > "Nasty Gal preparing to sell its
by hxta98596 10y ago
I agree this was very interesting especially if it really only included just the brand name and the company's customer list:
> "Nasty Gal preparing to sell its brand name and other intellectual property for $20 million"
Was any remaining inventory included? Were the social network accounts included?... It's hard to judge a $20mm deal without knowing more info. But $20mm buys a lot of ads and other marketing campaigns. Also brands that target more specific age groups often have their brand name goodwill overvalued when bought. These companies must introduce themselves to a new younger batch of customers at a much higher cycle rate, which is hard to calculate for younger companies. There is a price for a brand name and a large instagram following, but $20mm (about a dollar per instagram follower for Nasty Gal) sounds very high.
- spaceflunky 10y agoAccording to the bankruptcy docs, NG had about $70M in top line revenue which they were generating a loss on. In an e-commerce business, the brand, url, and email list are the most valuable assets. Email lists are super fucking valuable, because emails convert to sales very well. No inventory was included in the deal. BooHoo is basically going to use their existing supply and fulfillment channels to sell their inventory on NastyGal.com. Basically NG, will just be a front more boohoo.com inventory.