"We are thrilled to partner with Alexandre Vauthier, a distinguished name in haute couture. By integrating our impactful brand marketing strategies and operational excellence with Vauthier's visionary designs, we are set to ignite a new era of fashion influence in luxury to build an iconic French maison" - Michael Mente, Co-CEO & Co-Founder of REVOLVE Group, Inc.
Renowned for its couture designs and impeccable craftsmanship, Alexandre Vauthier has carved out a distinguished position within the luxury fashion sphere. With a successful track record in FWRD's luxury brand portfolio and a strong resonance with its sophisticated customer base, Alexandre Vauthier embodies elegance, innovation and luxury.
This exciting partnership between REVOLVE Group, Inc. and Alexandre Vauthier presents an opportunity to leverage each other's strengths. By integrating REVOLVE and FWRD's cutting-edge marketing strategies, data-driven merchandising techniques, and renowned operational infrastructure with Alexandre Vauthier's iconic brand identity and exceptional craftsmanship, the collaboration aims to propel Alexandre Vauthier to new heights within the luxury fashion landscape.
"When I first met with the REVOLVE team, I immediately felt their understanding in growing a haute couture business for today's consumer and a support for all the specialized techniques and effects necessary to conceptualize a collection in this very special corner of fashion, as well as to develop it into a high quality ready-to-wear and accessories offering every season. I look forward to this new chapter for my house with the added metier which REVOLVE offers." - Alexandre Vauthier.
REVOLVE, FWRD, and Alexandre Vauthier are set to host an exclusive, invite-only dinner during Paris Fashion Week, marking the commencement of their exciting partnership. Consumers can anticipate a fresh interpretation of Alexandre Vauthier's creations, soon to be accessible on FWRD and AlexandreVauthier.com in the upcoming fall season, followed by a show during Paris Couture Week in January 2025.
As REVOLVE Group, Inc. continues to expand its portfolio and cater to the evolving preferences of its global consumer base, this acquisition underscores the company's commitment to drive growth, innovation, and excellence in the fashion world. The brand is excited to further integrate into the luxury space that aligns seamlessly with REVOLVE and FWRD's ethos of championing emerging and independent brands, fostering natural and authentic relationships through partnership and acquisition.
As part of the transaction, Revolve Group, Inc. will contribute purchased assets to a newly formed entity and will invest 6 million euro over three years. Additional terms were not disclosed.
Fibre2Fashion News Desk (RM)