Sustainable fashion brand Reformation has filed for a U.S. IPO, reporting a revenue increase to $507.1 million for the year ending December 27, 2025, though net profit saw a dip. The direct-to-consumer retailer, known for celebrity endorsements, aims to leverage the recovering IPO market. Private equity firm Permira, which holds a majority stake, will retain significant influence post-listing. Proceeds will partly fund debt repayment and share repurchases.
Reformation, a sustainable fashion brand, has filed for a U.S. IPO, reporting a significant revenue increase to $507.1 million for the year ending December 2025. While net profit saw a dip, the direct-to-consumer retailer aims to capitalize on the recovering IPO market. Majority…
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