6 Followers USX:RVLV - Revolve Group Inc Revolve Group LLC
Sector: Consumer Discretionary, Industry: Internet & Direct Marketing Retail
Next Earnings: 7 May 2024
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USD 19.67    +0.06 (+0.31%)

3 May 2024


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General

CEO: Mr. Michael Karanikolas

IPO: 2019-06-07

Headquarters: US

Employees: 1,478

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Description

The Revolve Group is an emerging e-commerce retailer, selling women’s dresses, handbags, shoes, beauty products, and incidentals across its marketplace properties, Revolve and FWRD. The platform is built to suit the "next-generation customer," emphasizing mobile commerce, influencer marketing, and occupying an aspirational but attainable luxury niche. With $1.1 billion in 2023 net sales, the firm sits just outside the top 30 apparel retailers (by sales) in the U.S., but has consistently generated robust top-line growth as the industry continues to favor digital channels. Revolve generates approximately 20% of sales from private-label offerings, while focusing on building an inventory of unique products from emerging fashion brands with less than $10 million in annual sales.

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