Business & Finance
Permira-Backed Womenswear Retailer Reformation Files for US IPO
Key Points
Permira-Backed Womenswear Retailer Reformation Files for US IPO Reformation Inc., a sustainable womenswear brand that’s backed by private equity firm Permira, filed for a US initial public offering, disclosing growing sales. The Vernon, California-based company had a net loss of $12.1 million on revenue of $112.3 million in the 13 weeks ending March 28, compared with a net loss of $5.6 million on revenue of $86.1 million in a comparable period a year earlier, according to its filing Thursday...
Permira-Backed Womenswear Retailer Reformation Files for US IPO
Reformation Inc., a sustainable womenswear brand that’s backed by private equity firm Permira, filed for a US initial public offering, disclosing growing sales.
The Vernon, California-based company had a net loss of $12.1 million on revenue of $112.3 million in the 13 weeks ending March 28, compared with a net loss of $5.6 million on revenue of $86.1 million in a comparable period a year earlier, according to its filing Thursday with the US Securities and Exchange Commission.
[Image text:] Reformation