From Dealroom · · 40s
Revolve invests in activewear brand 437
Revolve Group takes minority stake in Toronto activewear brand 437 for $11M.
In brief
Revolve Group takes minority stake in Toronto activewear brand 437 for $11M. Revolve Group acquired a minority stake in Toronto-based activewear brand 437 for $11 million to scale its fashion retail presence. Originally reported by Dealroom.
Quick answers
- What's the deal?
- Revolve Group invested US$11 million for a minority stake in Toronto-based activewear brand 437.
- What does 437 do?
- 437 launched as swimwear in 2016 and moved fully into activewear in 2023 with pieces retailing up to $160.
- Why now?
- The deal marks 437's 10th anniversary and aligns with Revolve's growth in fashion-driven workout apparel.
- What is the key takeaway from Revolve invests in activewear brand 437?
- Revolve Group acquired a minority stake in Toronto-based activewear brand 437 for $11 million to scale its fashion retail presence.
What's the deal?
Revolve Group invested US$11 million for a minority stake in Toronto-based activewear brand 437.
What does 437 do?
437 launched as swimwear in 2016 and moved fully into activewear in 2023 with pieces retailing up to $160.
Why now?
The deal marks 437's 10th anniversary and aligns with Revolve's growth in fashion-driven workout apparel.
What it means
Revolve Group acquired a minority stake in Toronto-based activewear brand 437 for $11 million to scale its fashion retail presence.
