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Reformation Targets $1 Billion Valuation in IPO
via Business of Fashion · July 20, 2026

Reformation Targets $1 Billion Valuation in IPO

The Permira-backed ​retailer said on Monday that it and some of ​its selling shareholders aim to raise up to $239.1 million in the IPO.

The Story

Permira-backed womenswear retailer Reformation is targeting a valuation of up to $1 billion in its US initial public offering, marking a rare ​foray ⁠into public markets for a fashion ⁠brand in recent years.

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