Reiss (brand)

Reiss
Private
Industry Fashion
Founded 1971
Headquarters London, England
Number of locations
 160
Key people
 David Reiss (founder)
Products Clothing
Revenue GB£146 million (2016)
£24.4 million (2016)
Parent Warburg Pincus
Website www.reiss.com
Reiss in Victoria Quarter in Leeds

Reiss (/ˈriːs/) is a UK-based fashion brand and retail store chain owned and run by the founder, David Reiss.[1] The brand produces men's and women's clothing. It has 160 stores in 15 countries.[2]

Reiss was founded in 1971, and its first store in London's Bishopsgate sold men's suits. It did not move into women's clothes until 2000.[3]

The Reiss flagship store and headquarters in London, designed by Squire and Partners, has won several awards including the RIBA Award, the BCO Award and the Civic Trust Award.[4] The brand was named Fashion Retailer of the Year in 2003 at the British Style Awards.[5]

Reiss has seen a significant increase in the number of its stores, including key stores in Heathrow Terminal 5 and Westfield London, to almost 100 outlets worldwide, and Reiss intends to eventually grow to 250 stores worldwide.[6] The brand has been one of the few British retailers to crack the American market after opening in New York's Greenwich Village.[7]

In April 2016, a majority stake was sold to the American private equity firm Warburg Pincus for £230 million.[8]

References

  1. ↑ "Why Reiss is not for sale". Telegraph.co.uk. London: The Daily Telegraph. 2006-07-30. Retrieved 2007-09-25.
  2. ↑ https://www.theguardian.com/business/2016/apr/13/reiss-sold-to-us-private-equity-firm-duchess-of-cambridge
  3. ↑ https://www.theguardian.com/business/2016/apr/13/reiss-sold-to-us-private-equity-firm-duchess-of-cambridge
  4. ↑ "Reiss wins RIBA and BCO Award", 1 May 2009. Retrieved 2010-03-08.
  5. ↑ Dong, Elaine (27 April 2008). "Reiss arrives". thestar online. Retrieved 2011-08-25.
  6. ↑ http://www.drapersonline.com/david-reiss-managing-director-reiss/1948367.article
  7. ↑ Hawkes, Steve (2008-06-14). "Business big shot David Reiss". The Times. London. Retrieved 2010-05-22.
  8. ↑ https://www.theguardian.com/business/2016/apr/13/reiss-sold-to-us-private-equity-firm-duchess-of-cambridge


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