Online Retail Giant Revolve Group's IPO Puts Its Market Value at $1.2 Billion USD

Online fashion retail giant Revolve Group has announced its plans to raise $211.7 million USD in an upcoming initial public offering. The California-based company will be offering 11.76 million shares priced between $16-$18 USD per share, consisting of 2.94 million class A common stock from the company and 8.82 million stocks from its shareholders. Upon its IPO, Revolve will be registered on the New York Stock Exchange under the symbol "RVLV." The digital retailer, which currently sells more tha...