The Revolve Group was able to complete in 2024 with a strong fourth quarter. In the previous year, the sales dealer’s turnover rose by $ 293.7 million (around 279.8 million euros. Revolve achieved a profit of $ 11.8 million (plus $ 237 percent).
“We have completed the year with an outstanding fourth quarter, which was characterized by double-digit sales growth and a more than double increase in net profit and the adjusted EBITDA,” said co-founder and co-CEO Mike Karanikolas.
In the segments Revolve and FWRD as well as at home and abroad, the company recorded double-digit growth. Revolve expanded his active customer: inner trunk by 40,000 to a total of 2,668,000. The gross margins improved to 52.5 percent, especially thanks to growth in the FWRD segment.
For 2025, the company reported a strong start, with an increase in sales in the first seven weeks by a high single -digit percentage. Revolve relies on long-term growth through investments in its own brands, AI technology and possible expansion in physical retail.
Co-founder and co-CEO Michael Mente emphasized that these initiatives should promote profitable growth and market share profits.
This article previously appeared on fashionunited.fr and was used with the help of digital tools translated.
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