Reiss: latest news, analysis and trading updates - Retail Week
Mar 24, 2024 · Reiss is a high-end fashion retailer selling menswear and womenswear owned by Next. In the UK, Reiss operates around 160 standalone stores around the world. Retail Week provides news, analysis, features and opinion about Reiss and the fashion sector.
Next buys out private equity firm’s stake in £376 million-valued Reiss …
Sep 1, 2023 · Next will acquire a further 21% stake in Reiss, upping its holding from 51% to 72%. The Reiss family's holding will increase to 22%, with the other 6% held by Reiss management. Together, Next...
Next and Warburg Pincus in talks about £500m Reiss sale
Jun 13, 2023 · The high street clothing giant Next is in talks about a sale of Reiss, the fashion chain it controls, as part of a deal that could value it at more than £500m.
Next acquires further 34% stake in Reiss: a win-win move - Just Style
Sep 1, 2023 · Next Plc has taken a 34% stake in Reiss from Warburg Pincus in a £128m deal, which takes its ownership in Reiss Group from 51% to 72%.
Next to put £500m fashion brand Reiss up for sale | This is Money
Jun 13, 2023 · Next is in discussions about selling fashion brand Reiss. Lord Wolfson’s High Street clothing firm is working with private equity firm Warburg Pincus, which also owns a stake in Reiss, to auction...
Reiss increases sales and profit despite "challenging year"
Dec 22, 2024 · For the year to January 27, 2024, women’s, men’s and children’s fashion brand Reiss reported total sales of 346 million pounds, an increase of 8.1 percent.
Next to Acquire Warburg Pincus Stake in Reiss for £128 Million
Sep 1, 2023 · Next Plc has strengthened its control of UK fashion house Reiss, buying a 34% holding from US investment firm Warburg Pincus for £128 million ($162 million).
Reiss news and archive - fashionunited.uk
Feb 15, 2024 · Premium British retailer Reiss, which became the official travel kit partner of the McLaren Formula 1 team in May 2023, has unveiled its first commercial collection inspired by “elite performance at the heart of McLaren and the thrill of Formula 1”. Launching on February 16, the ‘Reiss x McLaren Formula 1’ collection will span menswear,...
Next snaps up 25% stake in Reiss in latest high street deal
Mar 10, 2021 · Next has agreed to buy a 25% stake in smaller upmarket rival Reiss with an option to add to its holding and secure majority control. The FTSE 100 fashion group will pay £33m for the stake and also provide Reiss with a £10m loan.
Elliott weighs £500m bid to try on Reiss fashion chain
Jun 21, 2023 · It was unclear on Wednesday whether Elliott would table a formal bid for the clothing retailer, which was founded in 1971 by David Reiss. At least three parties are said to be involved in the auction, which is being overseen by bankers at Raymond James.