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Backed By Retail Giant, Dion Lee’s Next Chapter Begins

Dion Lee is not done


By Kiri Johnston | 26th May 2025

After a quiet exit, Dion Lee is making an equally quiet return. The cult Australian label — once a fixture on the global fashion circuit — has been acquired by US retail giant Revolve for just under $1 million.

A low-key deal, but a big moment.

The fall (and rise)

Dion Lee has always operated in a league of his own — architectural silhouettes, technical precision, and a certain confidence that didn’t care for trends. It was bold, directional, and distinctly Australian — and the world took notice.

But like many designer-led labels, the business side of things told a different story. After years of mounting losses, delayed store openings, and financial strain, the brand went into administration in 2024 with $35 million in debt.

Since then, it’s been quiet. Until now.

The Revolve factor

Revolve — known for its sharp ecommerce model and hyper-engaged Gen Z audience — has taken over the label’s assets, including its design archive. It’s a smart move for both parties, and one that could bring Dion Lee to a whole new generation of shoppers.

Early reports suggest Dion himself may stay on as Creative Director. If that’s the case, and the design integrity stays intact, this could mark a rare kind of comeback — one with global potential and the support to scale it.

Even the Insta account has been wiped clean — no posts, no captions, just 827,000 followers waiting. It’s giving full reset, and all eyes are on what’s coming next.

Right now, the website is offline, replaced by a simple thank you message. No drama, no big campaign. Just a quiet pause — and maybe something bigger behind it.

As someone who considers Dion Lee one of the most exciting Australian designers of all time — and who respects Revolve’s ability to build a brand — I genuinely hope this next chapter lands the way it should.

We’ll be watching.

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By Kiri Johnston Editor of Style, Kiri brings over a decade of experience across Australia and the UK, with a background in marketing, media, and creative storytelling. Fashion-obsessed and design-driven, she has a quiet love for art, culture, and home, and is shaping Style’s next-gen evolution with a fresh, modern perspective.
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