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Segment Information | 9 Months Ended
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Sep. 30, 2021
Segment Reporting [Abstract] |
Segment Information | Note 9. Segment Information We have two reportable segments, REVOLVE and FWRD, each offering clothing, shoes, accessories, and beauty products available for sale to customers through their respective websites. Our reportable segments have been identified based on how our chief operating decision makers manage our business, make operating decisions, and evaluate operating performance. Our chief operating decision makers are our co-chief executive officers. We evaluate the performance of our reportable segments based on net sales and gross profit. Management does not evaluate the performance of our reportable segments using asset measures. During the three and nine months ended September 30, 2021 and 2020, no customer represented over 10% of net sales. The following table summarizes our net sales and gross profit for each of our reportable segments (in thousands):
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
Net sales |  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
REVOLVE |  | $ | 204,207 |  |  | $ | 130,572 |  |  | $ | 545,155 |  |  | $ | 381,965 |
FWRD |  |  | 39,857 |  |  |  | 20,464 |  |  |  | 106,430 |  |  |  | 57,930 |
Total |  | $ | 244,064 |  |  | $ | 151,036 |  |  | $ | 651,585 |  |  | $ | 439,895 |
Gross profit |  |  |  |  |  |  |  |  |  |  |  |
REVOLVE |  | $ | 115,098 |  |  | $ | 74,687 |  |  | $ | 306,842 |  |  | $ | 203,300 |
FWRD |  |  | 19,378 |  |  |  | 8,780 |  |  |  | 51,517 |  |  |  | 23,188 |
Total |  | $ | 134,476 |  |  | $ | 83,467 |  |  | $ | 358,359 |  |  | $ | 226,488 |
The following table lists net sales by geographic area (in thousands):
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
United States |  | $ | 198,506 |  |  | $ | 120,459 |  |  | $ | 527,171 |  |  | $ | 357,059 |
Rest of the world (1) |  |  | 45,558 |  |  |  | 30,577 |  |  |  | 124,414 |  |  |  | 82,836 |
Total |  | $ | 244,064 |  |  | $ | 151,036 |  |  | $ | 651,585 |  |  | $ | 439,895 |
(1) No individual country exceeded 10% of total net sales for any period presented. The following tables summarize net sales (in thousands) and percentage of net sales by product category for the three and nine months ended September 30, 2021 and 2020:
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Net Sales |  |  |  |  |  |  |  |  |  |  |  |
Fashion Apparel |  | $ | 120,430 |  |  | $ | 82,148 |  |  | $ | 344,554 |  |  | $ | 239,797 |
Dresses |  |  | 70,209 |  |  |  | 35,407 |  |  |  | 159,881 |  |  |  | 104,972 |
Handbags, Shoes and Accessories |  |  | 44,978 |  |  |  | 25,143 |  |  |  | 120,066 |  |  |  | 70,433 |
Beauty |  |  | 6,977 |  |  |  | 6,402 |  |  |  | 22,609 |  |  |  | 17,628 |
Other (1) |  |  | 1,470 |  |  |  | 1,936 |  |  |  | 4,475 |  |  |  | 7,065 |
Total net sales |  | $ | 244,064 |  |  | $ | 151,036 |  |  | $ | 651,585 |  |  | $ | 439,895 |
As a percentage of net sales |  |  |  |  |  |  |  |  |  |  |  |
Fashion Apparel |  |  | 49 | % |  |  | 54 | % |  |  | 53 | % |  |  | 54 | %
Dresses |  |  | 29 | % |  |  | 24 | % |  |  | 25 | % |  |  | 24 | %
Handbags, Shoes and Accessories |  |  | 18 | % |  |  | 17 | % |  |  | 18 | % |  |  | 16 | %
Beauty |  |  | 3 | % |  |  | 4 | % |  |  | 3 | % |  |  | 4 | %
Other (1) |  |  | 1 | % |  |  | 1 | % |  |  | 1 | % |  |  | 2 | %
Total net sales |  |  | 100 | % |  |  | 100 | % |  |  | 100 | % |  |  | 100 | %
(1) Includes deferred revenue, shipping revenue and other revenue.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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