Must Read: Reformation Files for IPO, Aesop Queer Library Returns

These are the stories making headlines in fashion on Friday.Reformation Files for IPOLos Angeles-based womenswear brand Reformation has filed for an initial public offering, seeking to capitalize on $507.1 million in 2025 revenue. The company, backed by private equity firm Permira since 2019, has built a successful direct-to-consumer and retail model around contemporary fashion. This IPO filing signals a trend as luxury consumption weakens, and elevated design at accessible prices is gaining sha