Revolve Group posted a 9 per cent increase in revenue for the second quarter, fueled by solid performance across both its core and luxury businesses.
The California-based online fashion retailer generated $309 million in revenue, up from $282.5 million in the same period last year. However, despite the top-line growth, net income fell 35 per cent to $10 million, down from $15.3 million in Q2 2024.
The company’s Revolve segment brought in $268.4 million, a 9 per cent rise, while its luxury arm, FWRD, saw a 10 per cent increase to $40.6 million. Revolve credited its digital-first model and expanding global presence for driving market share gains in an increasingly competitive retail environment.
“Our ability to deliver profitable growth and market share gains in the second quarter, while continuing to invest in exciting long-term growth drivers, is a true reflection of the platform we’ve built, our operating excellence, and our team’s execution,” said Michael Mente, co-founder and co-CEO.
Domestic revenue grew 7 per cent year-over-year to $241.6 million, while international sales surged 17 per cent to $67.4 million.
The company highlighted strong momentum in Asia, particularly in China, as a key driver of its international performance and a cornerstone of its ongoing global expansion strategy.
