Next buys out private equity firm’s stake in £376 million-valued Reiss …
Sep 1, 2023 · Next and the Reiss family have bought out private equity firm Warburg Pincus’ stake in fashion retailer Reiss, in a deal that values the brand at £376 million. Next will acquire a further 21%...
Next takes stake in fashion brand Reiss - Financial Times
Mar 10, 2021 · High street fashion retailer Next has acquired a 25 per cent stake in Reiss and could take control of the upmarket UK fashion chain by mid-next year.
Next to Increase Stake in Reiss to 72 Percent - WWD
Sep 1, 2023 · LONDON — British high-street retailer Next on Friday revealed that it and the Reiss family have agreed to acquire all of private equity firm Warburg Pincus’ 34 percent interest in the Reiss...
Reiss: latest news, analysis and trading updates - Retail Week
Mar 24, 2024 · Reiss: latest news, analysis and trading updates. 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 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 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).
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 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 ...
EXCLUSIVE: Reiss Heads Into Luxury With Atelier Line - WWD
Aug 30, 2023 · LONDON — Reiss, the British high street fashion brand is shifting gears to go more premium with its new line, Atelier. The name of the line is an homage to the in-house team of designers at...
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.