Next to Acquire Warburg Pincus Stake in Reiss for £128 Million
WEBSep 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 buys out private equity firm’s stake in £376 million-valued Reiss …
WEBSep 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 and Warburg Pincus in talks about £500m Reiss sale
WEBJun 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.
Reiss: latest news, analysis and trading updates - Retail Week
WEBMar 24, 2024 · Latest news and insight on Reiss from Retail-Week.com. Analysis. Next has posted weather-busting, expectation-beating results – what do the analysts say? 1 August 2024By George MacDonald. Fashion powerhouse Next knocked the numbers out of the park in its second quarter when full-price sales climbed 3.2% …
EXCLUSIVE: Reiss Heads Into Luxury With Atelier Line - WWD
WEBAug 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...
Next takes stake in fashion brand Reiss - Financial Times
WEBMar 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 snaps up 25% stake in Reiss in latest high street deal
WEBMar 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 ...
Next to Increase Stake in Reiss to 72 Percent - WWD
WEBSep 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, McLaren Collaboration: For On and Off the Formula 1 …
WEBFeb 9, 2024 · Reiss, McLaren Collaboration: For On and Off the Formula 1 Racetrack. McLaren Formula 1 drivers Lando Norris and Oscar Piastri star in the campaign wearing the debut collection.
Elliott weighs £500m bid to try on Reiss fashion chain
WEBJun 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.