Revolve Group, Inc.

RVLV: 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 FRWD. 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 2022 net sales, the firm sits just outside the top 30 apparel retailers (by sales) in the U.S., but has consistently generated top-line growth north of 20%-25% 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.