DONATELLA VERSACE AND REVOLVE: A NEW ERA BEGINS

Revolve Group (NYSE: RVLV) and Donatella Versace announced a joint venture to create a new beauty and fashion business — an independent venture reflecting Donatella's personal creative vision, with her leading it as Chief Creative Officer. Revolve will power the business through its digital commerce, technology, consumer intelligence and marketing capabilities, launching initially in the United States, Latin America, Asia-Pacific and the Middle East, beginning with beauty. No financial terms, investment amounts or revenue targets were disclosed, and the venture's name and first launch will only be revealed in the coming months.

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