NEWTech

Revolve (RVLV) Partners with Donatella Versace for New Venture

Published on · Source: cnbc.com

Revolve (RVLV) Partners with Donatella Versace for New Venture

AI Summary

Summarized by AI from the source below

Revolve Group (RVLV) announced a partnership with Donatella Versace to create a new beauty and fashion business targeted at young consumers. Versace, serving as chief creative officer, joins Revolve following her departure as creative director of Versace in March 2025. The new venture's name and launch date are yet to be confirmed, but more details are expected soon. Revolve reported net sales of $347 million in August, reflecting a 12% increase year over year, highlighting its ongoing double-digit growth and digital-first approach, which aims to engage young shoppers.

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