Strategic Acquisition Expands the REVOLVE and FWRD House of
Brands, Enhancing REVOLVE's Fashion Offerings with Alexandre Vauthier's Timeless Haute Couture
Craftsmanship
LOS ANGELES, June 25, 2024 /PRNewswire/ -- REVOLVE
Group, Inc. (NYSE: RVLV), the fashion destination for the
next-generation consumer, announced it has acquired a majority
stake in the esteemed luxury fashion brand, Alexandre
Vauthier. The strategic move further differentiates
REVOLVE Group, Inc. in the premium and high-end fashion
market, taking a significant step forward in its mission to
redefine the fashion landscape.
"We are thrilled to partner with Alexandre Vauthier, a distinguished name in
haute couture. By integrating our impactful brand marketing
strategies and operational excellence with Vauthier's visionary
designs, we are set to ignite a new era of fashion influence in
luxury to build an iconic French maison" - Michael Mente, Co-CEO & Co-Founder of
REVOLVE Group, Inc.
Renowned for its couture designs and impeccable craftsmanship,
Alexandre Vauthier has carved
out a distinguished position within the luxury fashion sphere. With
a successful track record in FWRD's luxury brand portfolio
and a strong resonance with its sophisticated customer base,
Alexandre Vauthier embodies
elegance, innovation and luxury.
This exciting partnership between REVOLVE Group, Inc. and
Alexandre Vauthier presents
an opportunity to leverage each other's strengths. By integrating
REVOLVE and FWRD's cutting-edge marketing strategies,
data-driven merchandising techniques, and renowned operational
infrastructure with Alexandre
Vauthier's iconic brand identity and exceptional
craftsmanship, the collaboration aims to propel Alexandre Vauthier to new heights within the
luxury fashion landscape.
"When I first met with the REVOLVE team, I
immediately felt their understanding in growing a haute couture
business for today's consumer and a support for all the specialized
techniques and effects necessary to conceptualize a collection in
this very special corner of fashion, as well as to develop it into
a high quality ready-to-wear and accessories offering every season.
I look forward to this new chapter for my house with the added
metier which REVOLVE offers." - Alexandre Vauthier
REVOLVE, FWRD, and Alexandre Vauthier are set to host an
exclusive, invite-only dinner during Paris Fashion Week, marking
the commencement of their exciting partnership. Consumers can
anticipate a fresh interpretation of Alexandre Vauthier's creations, soon to be
accessible on FWRD and AlexandreVauthier.com in the
upcoming fall season, followed by a show during Paris Couture Week
in January 2025.
As REVOLVE Group, Inc. continues to expand its portfolio
and cater to the evolving preferences of its global consumer base,
this acquisition underscores the company's commitment to drive
growth, innovation, and excellence in the fashion world. The brand
is excited to further integrate into the luxury space that aligns
seamlessly with REVOLVE and FWRD's ethos of
championing emerging and independent brands, fostering natural and
authentic relationships through partnership and acquisition.
As part of the transaction, Revolve Group, Inc. will
contribute purchased assets to a newly formed entity and will
invest 6 million euro over three
years. Additional terms were not disclosed.
REVOLVE Media Contacts:
REVOLVE@walkerdrawas.com
Jennifer@walkerdrawas.com
Alexandre Vauthier Media Contacts:
Melissa Wiggins mwiggins@bpcm.com
Adam Vossen adam@bpcm.com
Sammy Bizenov sbizenov@bpcm.com
@REVOLVE
About Revolve Group
Revolve Group (RVLV) is the
next-generation fashion retailer for Millennial and Generation Z
consumers. As a trusted, premium lifestyle brand, and a go-to
online source for discovery and inspiration, we deliver an engaging
customer experience from a vast yet curated offering of apparel,
footwear, accessories, and beauty styles. Our dynamic platform
connects a deeply engaged community of millions of consumers,
thousands of global fashion influencers, and hundreds of emerging,
established, and owned brands.
We were founded in 2003 by our co-CEOs, Michael Mente and Mike
Karanikolas. We sell merchandise through two complementary
segments, REVOLVE and FWRD, that leverage one platform. Through
REVOLVE, we offer an assortment of premium apparel and footwear,
accessories, and beauty products from emerging established and
owned brands. Through FWRD, we offer a highly curated assortment of
iconic and emerging luxury brands. For more information, visit
www.revolve.com.
About Alexandre Vauthier
Passionate about cut
and devoted to the search for new fabrics, Alexandre Vauthier learned the secrets of haute
couture working alongside Thierry
Mugler and Jean Paul
Gaultier. In 2009, he decided on a whim to launch his own
brand to express his own need for independence and his respect for
the craftsmanship discovered throughout his career. Since 2014, the
House has been the 14th member of the Chambre syndicale de la
Haute-Couture and is now showing in the official calendar of this
unique Fashion Week.
The fundamentals of his style include innovative fabrics and
techniques showcasing the very best of couture and an innate sense
of fit. Alexandre Vauthier's dresses
showcase the female body - and all women. The couturier-designer's
passion and flair have attracted icons as unique and varied as
Madonna, Roisin Murphy, Beyoncé,
Rihanna, Gwen Stefani, and
Alessandra Ambrosio; celebrated
actresses including Kate Bosworth,
Emma Roberts, Fanny Ardant,
Isabelle Huppert, Sofia Loren, Noomi Rapace, Sylvie Testud, and
Juliette Binoche, artists such as
Kesh and it-girls like Poppy Delevigne.
Alexandre Vauthier is carried in
150 retailers worldwide.
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