Reiss (brand)
Reiss (/ˈriːs/) is a British 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]
Type | Private |
---|---|
Industry | Fashion |
Founded | 1971 |
Headquarters | , |
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 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.[2]
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.[3] The brand was named Fashion Retailer of the Year in 2003 at the British Style Awards.[4]
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.[5] The brand has opened in New York's Greenwich Village.[6]
In April 2016, a majority stake was sold to the American private equity firm Warburg Pincus for £230 million.[2]
References
- "Why Reiss is not for sale". Telegraph.co.uk. London: The Daily Telegraph. 30 July 2006. Retrieved 25 September 2007.
- Wood, Zoe (13 April 2016). "Reiss sold to US private equity firm". the Guardian.
- "Reiss wins RIBA and BCO Award", 1 May 2009. Retrieved 2010-03-08.
- Dong, Elaine (27 April 2008). "Reiss arrives". thestar online. Archived from the original on 4 June 2011. Retrieved 25 August 2011.
- "David Reiss, Managing director, Reiss".
- Hawkes, Steve (14 June 2008). "Business big shot David Reiss". The Times. London. Retrieved 22 May 2010.