To receive the Vogue Business newsletter, sign up here. Returned merchandise should be in the same condition as when you received it, unworn, undamaged. The partnership with Happy Returns and Staples aligns with PayPal’s goal of empowering consumers, and it launched Pay In 4 (its buy-now-pay-later program) last year, making financial budgeting. “Revolve is well-positioned to grow its active user base as it captures fashion-focused millennial and Gen Z shoppers through its on-trend assortment, its influencer-based marketing model, and its emphasis on experiential events to promote the brand”, the analysts wrote in a recent report. Return Policy Returns are accepted within 30 days of receipt. In some instances, the costs of marketing and building out technological capabilities are making it difficult to show profits: The RealReal’s net losses climbed to $25 million in Q3, and investors don’t see a clear path to profitability.Īccording to Cowen analysts, what sets Revolve apart, for now, is its proprietary technology, data capabilities, wholly owned brands and loyal customers - particularly its stronghold on younger shoppers. Shares of online luxury consignment platform The RealReal are down about 40 per cent since its IPO in June, and fashion marketplace Farfetch has seen its share value halve since going public last year. Investors in public markets are souring on fashion companies that tout their internet savvy as a way to outrun the carnage impacting traditional brick-and-mortar retailers. “It is the sort of thing we can take a few quarters to work our way through,” he added.
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