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News

@vernonproper
vernonproper.com > reformation-makes-trading-debut-with-lofty-goals-to-scale

Reformation Makes Trading Debut With Lofty Goals to Scale

1+ mon, 1+ week ago   (541+ words) Reformation put a fashionable foot forward on Wall Street as the Los Angeles women’s brand tests just how far it can scale its sustainable messaging. The company priced its initial public offering at $15 per share and closed about flat on…...

@vernonproper
vernonproper.com > reformation-looks-to-raise-as-much-as-239m-in-ipo

Reformation Looks to Raise as Much as $239M in IPO

1+ mon, 3+ week ago   (289+ words) Reformation is seeking as much as $239.1 million in its Wall Street debut as the Los Angeles label looks to test investor appetite for sustainable fashion. Reformation, which built a brand selling dresses made from deadstock fabric, said it expects its…...

@vernonproper
vernonproper.com > revolve-shells-out-11m-on-equity-stake-in-apparel-firm

Revolve Shells Out $11M on Equity Stake in Apparel Firm

4+ mon, 6+ day ago   (547+ words) That’s how Revolve Group co-founder and co-CEO Mike Karanikolas characterized an $11 million cash investment the company made into another business back in January. When pressed further on that spend by an analyst on Tuesday’s quarterly update, Karanikolas offered that it…...