Revolve news and archive

Revolve Group reportedly acquires IP of Dion Lee

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...

Member

Business

Revolve Group Q4 earnings surge

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...

FeaturedMember

Business

Revolve Group records strong third quarter performance

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...

Featured

Retail

Revolve: From e-commerce to physical retail, a bet to revive growth

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...

FeaturedMember

Business

Revolve to acquire couture house Alexandre Vauthier

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...

Member

Business

Revolve Group Q1 sales and earnings decline

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...

Culture

Revolve reveals details of annual festival

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...

People

Revolve names Marianna Hewitt as creative director of L'Academie

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...

People

Revolve Group reappoints Jennifer Baxter Moser to its board of directors

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...

Retail

Revolve opens Aspen pop-up for ski season

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...

Member

Business

Revolve Group revenues drop in the third quarter

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...

Member

Business

Revolve Group posts drop in Q2 sales, profit

Revolve Group has reported a drop in sales and profit in the second quarter of the year. The US fashion retailer made net sales of 273.7 million dollars in the three months to June 30, a year-on-year decrease of 6 percent. Sales at its Revolve segment fell 4 percent to 235.1 million dollars, while sales at its Fwrd segment fell 15 percent to...