Revolve Group’s Revenue by Product Category (2020-2023)

This statistic highlights Revolve Group’s Revenue by Product Category, split across beauty, dresses, fashion apparel, handbags shoes and accessories others, reported on a quarterly basis from Q1 2020 onwards.

Revolve is a fashion store for millennials and Gen Z. It is reputable premium lifestyle clothing company with over 49,000 items in clothing, shoes, accessories, and beauty styles available as an online source of inspiration and discovery.

Revolve Group’s Revenue by Product Category

Revolve group’s total revenue grew from $142.78 million in Q2 2020 to $228.61 million in Q2 2021, marking an increase of 60.11% ($85.83 million) in a year and there was a further increment of 6.76% ($15.45 million) from Q2 2021 to Q3 2021.

Revolve group’s revenue is bifurcated into the following categories:

(All figures in millions, except percentage)

Beauty

This product category includes all the items of skincare, makeup, hair, bath and body shop, fragrance, health and wellness, tools and brushes, and many more products.

The revenue generated from the beauty product increased from $7.49 million in Q2 2020 to $7.68 million in Q2 2021 setting an increase of 2.54% in a year. However, the revenue dropped to $6.98 million in Q3 2021 from $7.68 million in Q2 2021 making a decline of 9.11% in a quarter. The Beauty product category accounted for for 2.86% of total revenue in Q3 2021.

Dresses

The dresses section of the company includes all the fancy dresses with more than 7000 items and 18 different varieties in it for women.

The revenue generated from the dresses section has shown a massive growth of 80.5% from $30.87 million in Q2 2020 to $55.72 million in Q2 2021. A further increase in the revenue from $55.72 million in Q2 2021 to $70.21 million in Q3 2021 was witnessed, making an incline of 26.01% in a quarter. This section contributed 28.77% of the total revenue generated in Q3 2021.

Fashion Apparels

The fashion apparels category includes a variety of clothing with over 31000 items for the customers. It includes denim wear, jackets coats, pants shorts skirts, and many more.

The majority of Revolve’s revenue was generated through the fashion apparels category accounting for 49.34% of the company’s revenue in Q3 2021, amounting to $120.43 million. It grew by 48.4% compared to $81.15 million earned in Q2 2020 and decreased by 0.16% compared to $120.62 million in Q2 2021.

Handbags shoes and accessories

This section includes handbags, accessories, jewelry, belts, masks, hats, scarves, gloves, and over 1500 items 

There was a constant increase in the revenue from this section. There was a growth of 103.57% from $21.02 million in Q2 2020 to $42.79 million in Q2 2021 in a year. There was a further increase in the revenue from $42.79 million in Q2 2021 to $44.98 million in Q3 2021, making an increment of 5.12% ($2.19 million). This section generates 18.43% of the total revenue in Q3 2021.

Others

Revolve’s revenue from the others section decreased from $2.26 million in Q2 2020 to $1.80 million in Q2 2021, making a downfall of 20.35% ($0.46 million). The revenue further declined by 18.33% from $1.80 million in Q2 2021 to $1.47 million in Q3 2021. This section only contributed 0.60% of the total revenue generated in Q3 2021.

About the Company

The company was founded in 2003 with the goal of using digital channels and technology to transform the shopping experience. The company provides a wide range of apparel, footwear, accessories, and splendor styles. The organization’s dynamic platform connects millions of consumers, a slew of global style influencers, and a vast network of up-and-coming, established, and privately held manufacturers. The company aspires to be a one-stop shop for young and ambitious customers. The company believes that its model provides a broader range of options and variety than specialty retailers, and that it can better serve its customers.

REVOLVE and FWRD are the two segments of the company. It offers a wide range of rising, established, and owned manufacturers of high-end apparel, footwear, accessories, and beauty products through REVOLVE. The FWRD segment offers clients a completely unique vacation spot for luxurious merchandise as purchasing power increases and the preference for style and suggestion remains vital to self-expression, so they deliver a selection of carefully selected luxury iconic brands and emerging luxury brands through FWRD. To enhance the traditional retail offering, the company has developed a custom, unique era platform that manages nearly every aspect of a business, with a focus on developing state-of-the-art and extremely automated inventory management and trend-forecasting. They are also pioneers in the use of social media and influencer marketing, with the use of social channels and cultural activities to provide actual and aspirational, but achievable, experiences to attract millennial customers.

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