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Revolve reports record profit in the second quarter

US fashion e-tailer Revolve has reported record profit in the second quarter of the year, more than doubling from a year ago. The LA-based fashion company posted net income of 31.5 million dollars in the three months to June 30, 122 percent higher than the prior-year period and 148 percent higher than two years ago. The company, which targets...

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Revolve profit soars as demand for 'going out' clothes returns

LA-based fashion e-tailer Revolve has reported record profit in the first quarter of the year as US lockdown restrictions eased, stimulus checks were distributed, and demand for going-out clothes returned. The company, which targets Millennial and Gen Z consumers, said net income hit 22.3 million dollars in the first quarter ended March 31, a...

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