Womenswear retailer Reformation reports revenue rise in US IPO filing

US womenswear retailer Reformation filed for an IPO on the NYSE under the symbol REF, reporting revenue of $507.1 million for the year ended December 27, 2025, up from $438.2 million a year earlier, while net profit fell to $12.6 million from $33 million. Permira, which acquired a majority stake in 2019, will continue to exercise significant influence post-listing. J.P. Morgan, Morgan Stanley, Citigroup, and RBC Capital Markets are among the underwriters.