Womenswear Retailer Reformation Launches IPO Targeting Up to $239 Million
Reformation, a women's fashion retailer backed by Permira, has launched its initial public offering (IPO) aiming to raise up to $239 million. The company plans to issue 14.06 million shares priced between $15 and $17 each on the New York Stock Exchange under the ticker REF. While revenue increased in recent years, net profit declined from $33 million to $12.6 million.
Topics: IPO Reformation retail