Revolve, On-line Clothes Retailer, Prepares IPO for Late 2018

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Revolve, the Los Angeles-based on-line clothes retailer, is making ready for an preliminary public providing of inventory in late 2018, in keeping with individuals acquainted with the corporate’s plans.

The retailer, recognized for promoting designer manufacturers via its web site, final week met with bankers who got here to pitch for roles underwriting the corporate’s IPO, the individuals stated. The deal is predicted to worth Revolve effectively in extra of $1 billion, they added.

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Supply hyperlink – https://www.wsj.com/articles/revolve-online-clothing-retailer-prepares-ipo-for-late-2018-1528818949?mod=pls_whats_news_us_business_f

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