Christos Angelides has been appointed chief executive of Reiss as part of a “planned succession process”.
Angelides spent 28 years at Next, serving for 14 years on the main board as group product director. He was president of Abercrombie & Fitch, based in the US, from October 2014 to December 2015, when he left and returned to the UK.
He joined French Connection as an independent non-executive director in March 2016 but the retailer confirmed he will stand down on 28 February.
Angelides succeeds Drapers’ Lifetime Achievement Award 2016 winner David Reiss, who founded the business 46 years ago. Reiss will remain as chairman and Angelides is expected to join the business at the end of March.
Private equity firm Warburg Pincus acquired a majority stake in Reiss last April, prompting a programme of international expansion focused on North America, Asia and Australia.
Angelides said: “I have long admired the strength of the Reiss brand and its emphasis on timeless luxury at an affordable price. I look forward to building on the strong foundations that David has built and expanding the business further in both the UK and internationally together with the support of Warburg Pincus.”
Reiss added: “I am delighted that Christos has agreed to lead Reiss going forward and look forward to working closely with him in order to ensure an orderly succession. He brings significant retail experience, which will be invaluable as Reiss grows into a truly global fashion brand.”
Andy Lawrence has also joined Reiss as head of international from Ralph Lauren, where he held a series of senior roles in Asia Pacific including head of Korea and Taiwan and senior director of business development for the region.
January 2017 – Reiss’s cracking multichannel Christmas
November 2016 – The Drapers Interview: David Reiss’s lifetime of achievement
April 2016 – Warburg Pincus agrees acquisition of Reiss
April 2016 – ‘Reiss is in my blood,’ says founder following sale
December 2015 – Christos Angelides exits Abercrombie & Fitch