US e-commerce retailer Revolve Group is believed to have snapped up the intellectual property (IP) assets of Australian fashion brand Dion Lee. This is according to the Australian Financial Review, which said that Revolve had acquired the Sydney-based brand’s assets from its administrator, DVT Group, for under one million dollars. Founded in...
3 hours ago
Apparel retailer Revolve Group announced a strong fourth quarter, with net sales climbing 14 percent year-over-year to 293.7 million dollars and net income surging 237 percent to 11.8 million dollars. Adjusted EBITDA more than doubled, increasing 114 percent to 18.3 million dollars, while diluted EPS reached 0.17 dollars. "We finished the year...
Feb 26, 2025
Revolve Group’s third quarter net sales were 283.1 million dollars, a year-over-year increase of 10 percent. After the end of the third quarter, the company’s net sales in October increased by a low-double digit percentage. "We delivered exceptional results in the third quarter, highlighted by double-digit top-line growth, significant expansion...
Nov 6, 2024
Faced with changing purchasing behaviors and intensifying competition, Revolve, a major player in fashion e-commerce, has decided to adapt its strategy by investing in physical retail. This decision is part of a desire to diversify its distribution channels and consolidate its position on the market. A proven economic model Long seen as a...
Aug 27, 2024
Revolve, the California-based online fashion retailer, is reportedly acquiring French haute couture brand Alexandre Vauthier. The 15 year-old company, which entered administration at the beginning of the year, has been looking for a buyer since February, said the Business of Fashion. Vauthier, which wholesales ready-to-wear and sells haute...
Jun 25, 2024
Revolve opened its first permanent physical store in downtown Aspen, Colorado, as the fashion retailer continues to strengthen its brand presence and reach new customers. The debut store opening builds on the success of the previous Revolve and FWRD pop-up store that parent company Revolve Group opened in the same area last December, which drove...
Jun 10, 2024
Revolve Group’s first quarter net sales were 270.6 million dollars, a decrease of 3 percent. Net sales in April 2024 increased by a low single digit percentage, a sequential improvement compared to the trend reported for the first quarter of 2024. "We delivered significant expansion of our gross margin and year-over-year efficiency in our...
May 8, 2024
Revolve will be returning to Coachella valley this year with its annual music and fashion festival that has made a name for itself through celebrity ambassadorships and a notable musical lineup. This year, such a feat continues in the form of its newly announced schedule, with Ludacris, T-Pain, Sean Paul and the Ying Yang Twins among those set...
Mar 28, 2024
Fashion retailer Revolve has roped in Marianna Hewitt as the creative director of their exclusive in-house label, L'Academie. The company said that the announcement follows after the success of Marianna x Revolve curated collection that launched in December 2022. Revolve believes that as an entrepreneur, fashion enthusiast, and leading...
Feb 27, 2024
Revolve Group has announced the reappointment of Jennifer (Jenny) Baxter Moser to its board of directors, effective immediately. Baxter Moser will also serve as a member of the audit committee and compensation committee. The company said in a release that Baxter Moser previously served on Revolve’s board of directors during a period of...
Jan 22, 2024
Revolve is taking to the mountains for its latest seasonal pop-up, with the opening of a limited time concept store in the heart of Aspen, Colorado. The location, scheduled to run until March 17, 2024, will house a selection of pieces from the winter collections of Revolve and its complementary segment, Fwrd, marking the first time that...
Dec 15, 2023
Revolve Group, Inc. reported an increase in active customers by 52,000 during the third quarter of 2023, growing to 2,510,000 as of September 30, 2023, an increase of 12 percent year-over-year. Net sales for the quarter were 257.6 million dollars, a decrease of 4 percent. "A key highlight of the third quarter was surpassing 2.5 million active...
Nov 2, 2023