Fwrd news and archive

Revolve Group posts 10 percent net sales growth in Q1 2025

Fashion retailer Revolve Group has announced a strong start to the year, reporting a 10 percent year-over-year increase in net sales for the first quarter ended March 31, 2025, totaling 296.7 million dollars. Adjusted EBITDA for the quarter rose to 19.3 million dollars, marking a 45 percent increase compared to the same period last year. Net...

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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...

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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...

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Revolve Group posts strong growth in Q2 earnings

Revolve Group’s second quarter net sales were 282.5 million dollars, up 3 percent, while diluted earnings per share of 21 cents, increased 110 percent. . Gross profit for the quarter was 152.6 million dollars, an increase of 3 percent, while gross margin was 54 percent, an increase of 7 basis points. Net income was 15.4 million dollars, an...

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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...

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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...

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Revolve Group's Q4 sales drop

Fashion retailer Revolve Group reported a net sales decrease of 1 percent to 257.8 million dollars for the fourth quarter, a sequential improvement from the 4 percent reported in the third quarter of 2023. During the first eight weeks of 2024, the company’s net sales decreased by a mid-single digit percentage compared to the same period in 2023....

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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...

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Revolve Group posts growth in revenue and active customers

Revolve Group, Inc. reported an increase in active customers by 84,000 during the third quarter of 2022, growing to 2,249,000 as of September 30, 2022, an increase of 34 percent year-over-year. The company’s total net sales were 268.7 million dollars, an increase of 10 percent year-over-year. Revolve segment net sales were 222.1 million dollars,...

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Revolve Group launches new in-house luxury footwear brand

Global fashion retailer Revolve Group has launched a new in-house everyday luxury footwear brand called A’mmonde Atelier. The footwear label is an extension of the company's owned brand portfolio, which produces more than 20 brands under an in-house design team, and will be available on both Revolve and Fwrd. A’mmonde Atelier is derived from the...

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Fwrd launches resale programme to extend the life cycle of designer handbags

Luxury fashion e-tailer Fwrd, part of the Revolve Group, has launched a new resale initiative, Fwrd Buyback to bolster its sustainability strategy toward circular luxury shopping. Fwrd Buyback has been launched to extend the life cycle of high-end designer handbags from brands including Bottega Veneta, Saint Laurent, Loewe and The Row and will...

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Kendall Jenner adds creative director to resumé

Model and influencer Kendall Jenner has been named as creative director of luxury fashion e-tailer Fwrd, part of the Revolve Group. In a statement, Fwrd said the pairing of its luxury offering with Jenner makes for a “genuinely organic partnership that will deliver a next level fashion experience for shoppers”. In her new role, Jenner will be in...