All Reiss articles

  • Models wearing Reiss x McLaren travel wear and carrying suitcases
    News

    Reiss launches partnership with McLaren Formula 1 team

    2023-05-03T15:57:00Z

    Fashion retailer Reiss has signed with the McLaren Racing Formula 1 team to be its “official travel wear partner” in a new multi-year deal.

  • Oxford Street Christmas 2022
    Analysis

    Glad rags, stores surge and flight to value – how fashion retailers fared this Christmas

    2023-01-25T11:50:00Z

    As the Christmas reporting season comes to a close, a return to in-store shopping in the post-pandemic world, freezing temperatures and the impact of the cost-of-living crisis delivered a range of results for fashion retailers over the period. 

  • Reiss-sign
    News

    Reiss expects record profit after strong Christmas

    2023-01-16T11:13:00Z

    Fashion retailer Reiss has reported strong Christmas trading as sales surged in stores and online.

  • Battersea Power Station
    Analysis

    Analysis: Can Battersea power London’s retail revival?

    2022-10-06T05:00:00Z

    With the long-awaited opening of the Battersea Power Station redevelopment set for next week, Retail Week revisits this feature from June which looked at whether its opening could supercharge the capital’s post-pandemic retail revival?

  • Reiss women's winter coats
    News

    Reiss swings into the black with record profits and sales

    2022-09-12T15:56:00Z

    Reiss has reported record sales and profits for the year to January 2022, despite its stores being closed for the first 10 weeks of the year

  • Julia Straus, chief executive, Sweaty Betty
    Analysis

    Retail 100: Three lessons from the sector’s most inspiring leaders

    2022-07-26T05:30:00Z Promotional research for

    The 17th annual Retail 100 is a celebration of the individuals transforming the sector, disrupting traditional retail models and being a voice for the industry. Retail Week explores some common trends shared by the leaders featured

  • pay gap flag
    Data

    Data: The 15 most improved retailers for gender pay equality 2022

    2022-05-10T14:04:00Z

    Retail Week ranks the top-performing and most improved retailers for gender pay equality this year.

  • Reiss exterior
    News

    Reiss overhauls online fulfilment offer as it launches on Next Total Platform

    2022-02-16T07:22:00Z

    Reiss has ramped up its online fulfilment proposition and relaunched its website in a bid to drive ecommerce sales.

  • REISS - AW21 - NEW UNIFORMS CAMPAIGN - DUAL GENDER
    News

    Reiss eyes recovery after swinging to loss amid pandemic

    2021-09-17T06:17:00Z

    Reiss has said it expects to “return to profit” in its current financial year after falling into the red during 2020.

  • Lord Simon Wolfson
    News

    Next boss Lord Wolfson set to chair Reiss

    2021-05-21T06:02:00Z

    Lord Wolfson is set to be the next chair of Reiss, following Next’s purchase of a 25% stake in the retailer earlier this year.

  • strategy-prospect
    Prospect Analysis

    Reiss (Strategy)

    Reiss

    With the retailer’s private equity owner Warburg Pincus having put the planned sale of the business on hold as the Covid-19 pandemic hit in 2020, in March 2021, Reiss agreed a long-term strategic partnership with Next. This has seen the fashion giant reportedly taking a 51% majority stake in Reiss.

  • store-strategy-prospect
    Prospect Analysis

    Stores at Reiss

    Reiss

    While the earlier turnaround programme focused on closing marginal stores to restore financial health to the business, the opening of high-profile outlets in key locations has remained a key part of the forward strategy given the aspirational nature of the brand.

  • technology-strategy-prospect
    Prospect Analysis

    Technology strategy at Reiss

    Reiss

    As part of a long-term strategic partnership with Next from March 2021, Reiss transferred its online platform, warehouse, distribution and logistics to the Next Total Platform from early 2022, making use of Next’s extensive infrastructure capabilities to aid its future growth in the UK and overseas.

  • swot-analysis-prospect
    Prospect Analysis

    Reiss (SWOT)

    Reiss

    Reiss enjoys a profile significantly higher than its domestic network of just over 100 standalone stores and concessions might imply and is also growing internationally, driven by its strategic partnership with Next from 2021. 

  • people-overview-prospect
    Prospect Analysis

    Reiss (People)

    Reiss

    Reiss continues to have its own board of directors headquartered in London under the leadership of chief executive Christos Angelides following the acquisition of a 25% stake in the business by Next from early 2021. Announcing the partnership in March, it was stressed that Reiss would ‘retain its management autonomy and creative  independence’.

  • reisslogoprospect_836378-svg
    Prospect Analysis

    Reiss (Overview)

    Reiss

    Reiss has entered into a long-term strategic partnership with Next, which reportedly increased its 25% stake in the premium fashion brand to 51% in April 2022. Reiss transferred its online platform, warehouse, distribution and logistics to the Next Total Platform in early 2022, making use of Next’s extensive infrastructure capabilities to aid its future growth in the UK and overseas.

  • senior-director-job-function-prospect
    Prospect People

    Sally-Anne Newson

    Reiss

    Chief digital officer at Reiss

  • financial-analysis-prospect
    Prospect Analysis

    Reiss (Financials)

    Reiss

    In a trading update for the 2021 financial year to end-January 2022 (FY2021), Reiss reported record sales and profits with group sales up 50.3% year on year to £256.6m. Pre-tax profits after exceptional items came in at £34.4m in FY2021, from a loss of £13.6m the previous year. International sales accounted for almost a third (more than 30%) of total group sales while online took close to a 50% share of total group sales.

  • ecommerce-strategy-prospect
    Prospect Analysis

    Ecommerce at Reiss

    Reiss

    As part of a long-term, strategic partnership with Next, Reiss has transferred its online platform, warehouse, distribution and logistics to the Next Total Platform from early 2022. 

  • customer-marketing-strategy-prospect
    Prospect Analysis

    Customer and marketing at Reiss

    Reiss

    A strong product offer sits at the heart of the Reiss brand strategy and the retailer strives to embody its namesake founder David Reiss’s belief in timelessness rather than fast fashion. CEO Christos Angelides has refreshed the brand since taking the helm and continues to focus on full-price sales, driven by strong design, styling and quality, after excessive discounting led to margin erosion in the past.