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Online fashion retailer files IPO

Revolve, the online women’s apparel retailer known for its fashion-forward stylings women and hipster attitude, is looking to go public.

Revolve Group Inc. filed documents with the SEC to raise up to $100 million in an initial public offering. The Cerritos, Calif-based company, which was founded in 2003, had $447 million in sales for the 12 months ended June 30, 2018. It plans to list its initial public offering on the New York Stock Exchange under the symbol RVLV.

In other news, Revolve will open a 1,000-sq.-ft. long-term pop-up store and branded hotel suite inside the Palms Casino Resort in Las Vegas in the second quarter of 2019. To date, the retailer has opened only one physical store: the invitation-only Revolve Social Club on Melrose Avenue in Los Angeles.
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