LOS
ANGELES, Jan. 19, 2024 /PRNewswire/ -- Revolve
Group, Inc. (NYSE: RVLV) today announced the reappointment of
Jennifer ("Jenny") Baxter Moser to its board of directors,
effective immediately. Baxter Moser will also serve as a
member of the audit committee and compensation committee.
Baxter Moser previously served on REVOLVE's board
of directors during a period of significant growth and value
creation from December 2012 through
July 2020.
"We are excited to welcome back Jenny to
REVOLVE's board of directors," said co-founder and co-CEO
Mike Karanikolas. "She made pivotal
contributions to our success in her initial tenure as a board
member, including playing a key role in developing our owned brand
strategy and in the launch of REVOLVE Beauty, our fastest growing
product category."
"Jenny's extensive industry knowledge and deep
insights into the REVOLVE core customer demographic will add
significant value to our boardroom discussions," added co-founder
and co-CEO Michael Mente.
In 2012, Baxter Moser led a strategic investment
in REVOLVE by TSG Consumer Partners, a firm she joined in 2007 and
served as partner from 2013 through 2023. During her 16-year tenure
at TSG, Baxter Moser led investments in and served on the board of
several high-growth consumer companies, including e.l.f. Cosmetics,
Paige Denim, Smashbox Cosmetics, Backcountry and Scopely.
Prior to TSG Consumer Partners, Baxter Moser was
a consultant at Bain & Company where she worked in several
industries, including consumer products and retail, and across
multiple practice areas including brand strategy, merger
integration, organizational design and private equity due
diligence.
"One of the highlights of my career was leading
TSG's incredibly successful investment in REVOLVE, a partnership
that further increased my passion for the REVOLVE brand and
appreciation for its innovative business model," said Baxter Moser.
"I am excited to rejoin the board and partner with Mike, Michael
and their talented team to capitalize on the long runway for growth
ahead."
Baxter Moser received a dual degree in Economics
and Communications from Stanford
University and an MBA from Harvard
Business School.
About Revolve Group, Inc.
Revolve Group, Inc. (NYSE: RVLV) is the
next-generation fashion retailer for Millennial and Generation Z
consumers. As a trusted premium lifestyle brand and a go-to online
source for discovery and inspiration, we deliver an engaging
customer experience from a vast yet curated offering of apparel,
footwear, accessories, beauty and home products. Our dynamic
platform connects a deeply engaged community of millions of
consumers, thousands of global fashion influencers and more than
1,000 emerging, established and owned brands.
We were founded in 2003 by our co-CEOs,
Michael Mente and Mike Karanikolas. We sell merchandise through
two complementary segments, REVOLVE and FWRD, that leverage one
platform. Through REVOLVE, we offer an assortment of premium
apparel, footwear, accessories and beauty products from emerging,
established and owned brands. Through FWRD, we offer an assortment
of curated and elevated iconic and emerging luxury brands. For more
information, visit www.revolve.com.
Investor Relations Contact:
Erik Randerson,
CFA
1-562-677-9513
IR@revolve.com
Media Contact:
Jennifer
Walker
revolve@walkerdrawas.com
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SOURCE Revolve Group, Inc.