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Permira-Backed Womenswear Retailer Reformation Files for US IPO

Permira-Backed Womenswear Retailer Reformation Files for US IPO
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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
Permira-Backed Womenswear Retailer (ORG) US (LOCATION) US IPO Reformation Inc. (ORG) Permira (ORG) Vernon (LOCATION) California (LOCATION) the US Securities and Exchange Commission (ORG)
Originally published by Bloomberg Markets Read original →