All RVRC articles
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News briefsRVRC’s Q2 sales, net increase double-digits
Swedish DTC outdoor company Revolution Race (RVRC), bolstered by double-digit sales increases in both the DACH and the Rest of the World regions, achieved double-digit sales, Ebit and net income increase for its Q2 ended Dec. 31. RVRC realized a 36 percent year-over-year gain in operating profit (Ebit) to 143 ...
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ArticleCEO Revolution Race: “We want to be the most recommended outdoor brand in the world”
Things could hardly be going better for Swedish DTC outdoor brand Revolution Race: International expansion is progressing rapidly; sales are growing at a steady double-digit rate – and all this at a time when consumers are taking a closer look at what they spend their money on. CEO Paul Fischbein talks about the success story of his company.
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News briefsPernilla Nyrensten declines re-election to RVRC’s board
Source: RVRC Pernilla Nyrensten In a press release accompanying its proposal for the composition of Revolution Race’s (RVRC) Board of Directors for the next Annual General Meeting on Nov. 21, the company’s Nominating Committee published last Friday that Pernilla Nyrensten has decided to leave the board of ...
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News briefsRevolution Race posts strong FY, but profits decline
Swedish DTC outdoor company Revolution Race (RVRC) has released its fresh financial report for Q4 – the period between April 1 and June 30, 2023. According to the report, the industry up-and-comer’s net sales rose 14 percent to 362 million Swedish kroner (€30.3m), compared to SEK 318 million (€26.6m) in ...
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News briefsRVRC proposes sustainability and inclusion specialist from Zalando as new board member
The Nomination Committee of Swedish DTC provider RVRC Holding AB (RevolutionRace) – consisting of Øistein Widding (appointed from Altor Fund IV (No.1) AB and Altor Fund IV (No.2) AB), Peter Algar (appointed from Nyrensten Global Holding AB), Caroline Sjösten (appointed from Swedbank Robur Fonder AB) and Andreas Källström Säfweräng (Chairman ...
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News briefsNomination committee formed ahead of RVRC’s AGM 2023
RevolutionRace (RVRC) has appointed three members who, together with the chairman of the board of directors, will form a nomination committee for the period leading up to its annual general meeting, which is expected to be held in November 2023. These three members are (in accordance with a resolution of ...
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News briefsJohan Svanström to leave RVRC’s board of directors
Johan Svanström informed the board of directors of RVRC Holding AB (RevolutionRace) that he wishes to resign from his position as a member of the board effective Feb. 24, 2023. Svanström is taking on a role as CEO of Rightmove, a U.K. listed company, and is unable to continue his ...
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News briefsRVRC generates Q2 sales growth in all regions
RevolutionRace (RVRC), the Swedish outdoor DTC company, reported a 10 percent drop in second-quarter operating income to Swedish kroner 105 million (€9.6m) from SEK 117 million that was impacted by one-time incentive program costs of SEK 12 million (€1.1m) and advertising expenses. Ebit without the incentive cost was flat for ...
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ArticleRevolutionRace gets boost from new markets, products
RevolutionRace (RVRC), in its first full year as a publicly traded company, realized 48 percent revenue growth to 1,331.5 million Swedish kronor (€121.0m) and 50 percent profitability expansion to SEK 288.0 million (€26.1m). The Swedish company, now headed by CEO Paul Fischbein, attributes its steady progress over the last four ...
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News briefsRevolutionRace launches new collection for children and youth
The Swedish DTC outdoor company RevolutionRace (RVRC) launched its first collection for children and youth on Sept. 20, the Swedish Day of the Rights of Public Access. The first collection features the brand’s bestselling pants and shirts in sizes 146-164. According to a company release, the RVRC product development team ...
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ArticleRevolutionRace sees 50% Q3 sales gain despite supply chain problems
RevolutionRace (RVRC), the Swedish DTC outdoor company, continued to grow rapidly in the third quarter of its financial year, as sales increased by 50 percent to 367.4 million Swedish kronor (€34.6m) despite persistent supply chain problems for some of its products. On a constant currency basis, sales in the three ...
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ArticleRevolutionRace keeps up sales momentum
Swedish DTC outdoor company RevolutionRace (RVRC) says it is seeing continued robust growth at the start of the third quarter of its fiscal year, after sales in the second quarter increased by 58 percent to 392 million Swedish kronor (€37.5m-$42.8m) amid continued strong demand for multifunctional garments. On a constant ...
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ArticleRevolutionRace nearly doubles turnover in Q1, German sales up 156%
RevolutionRace (RVRC) saw sales in the first quarter of its fiscal year jump by 95 percent from the year earlier to 254.2 million Swedish kronor (€25.6m-$29.7m), supported by continued demand for multi-functional garments and led by a stellar performance in Germany. On a constant currency basis, sales increased by 98 ...
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ArticleRevolutionRace publishes first sustainability report after IPO
In its 2020/21 Annual and Sustainability Report, Swedish DTC brand RevolutionRace (RVRC) reports that it has performed strongly and profitably over the past fiscal year, with very positive growth in both new and existing markets. RVRC Holding AB, which went public on the Stockholm Nasdaq in June, posted strong results ...
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ArticleRevolutionRace races ahead in first financial report post-listing
RevolutionRace, the Swedish DTC outdoor company fresh from a June listing on Nasdaq Stockholm, saw sales in the fourth quarter of its fiscal year surge by 152 percent to 273.7 million Swedish kronor (€26.8m-$31.3m), led by 296 percent growth on the German market and with double or triple-digit growth in ...
