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Revolve Sees Earnings Surge on Lower Markdowns

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Revolve, the online fashion retailer that gears itself to millennial and Gen Z consumers, saw net sales dip a slight 2 percent to $151 million. But as the company continues to expand its product line across popular beauty and loungewear categories, it also saw record net income of $19 million and record earnings at 27…

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