Boohoo said on Tuesday that it has sold the Nasty Gal brand to White Space Group New York (WSG) for $16m (£11.9m) in cash.
Boohoo Group
15 September 2026 16:11:07
Source: Sharecast
Nasty Gal generated gross merchandise value of £12m in FY26 and adjusted earnings before interest, tax, depreciation and amortisation of £0.4m. Boohoo, which trades as The Debenhams Group, said it’s non-core and not material to the company.
It said the deal aligns with its strategy of transitioning to a marketplace-led business model that is capital-lite, and further strengthens the balance sheet following the £90m sale of its Sheffield distribution centre that was announced last week.
At 1555 BST, the shares were down 3.6% at 23.80p.
See latest RNS on Investegate
N/A
ISIN:
N/A
Exchange: N/A
Sell:
N/A
Buy:
N/A
Change:
Date:
Prices delayed by at least 15 minutes
Compare our accounts
If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.
Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.
