Revolve IPO: 5 things you should know about the e-commerce retailer

Revolve says it has a social media influencer network totaling 2,500 people.

With retail on an upswing thanks to innovation and a healthy economy, and with digitally-native companies already snapping up market share, e-commerce apparel retailer Revolve has filed for an IPO.

Founded in 2003 by co-chief executives Michael Mente and Mike Karanikolas, Revolve is focused on millennial shoppers, both women and men, who rely on technology to browse and shop. The company is comprised of the namesake site, which generated 83% of the company sales through new, established and private-label brands, and luxury-focused Forward, which generated 17% of 2017 sales.

In 2017, Revolve-wide sales totaled $399.6 million and net income was $5.0 million, up from sales of $312.1 million and net income of $2.4 million in 2016.

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