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Revolve Blames Coronavirus for Lower Sales Outlook

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Revolve’s Q3 inventory challenges are now compounded by a new threat: coronavirus. In a Nutshell: The millennial-friendly fashion company slowed down its intake of new inventory in the fourth quarter after warning of possible margin issues in Q3. This impacted the company’s conversion and revenue growth, Revolve co-founder and co-CEO Mike Karanikolas said in a quarterly…

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