✉news BusinessStartups first seen 8 h ago, last 40 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.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/734695