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✉news BusinessStartups first seen 9 h ago, last 20 min ago, peak #13

Revolve Takes Minority Stake in Toronto Activewear Startup 437

Original: EXEC: Revolve Takes Minority Stake in Toronto-Based Activewear Startup 437

Fashion retailer Revolve has acquired a minority stake in 437, a Toronto-based activewear startup. The investment gives Revolve an equity position in the fast-growing women's athleisure brand as major retailers continue buying into popular direct-to-consumer fitness apparel labels to broaden their offerings and reach younger shoppers.

Why now: Retail investments in high-growth activewear brands are drawing attention as companies look to capture demand for athleisure.

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