(Image source: Investor presentation)
Luxury retailers of many types have struggled throughout this crisis. Consumer spending in the US plummeted in the early part of the year as extreme levels of uncertainty caused people to pull back and save their money instead. However, with the worst appearing to be behind us, there are some companies that stand to gain from a resurgence in consumer spending, particularly those that don’t rely upon physical stores to generate revenue.
One such example is online retailer Revolve Group (RVLV), which has been hammered since it came