Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Reiss's cracking multichannel Christmas

Total sales at Reiss rose by 19.7% year on year in the six weeks to 7 January thanks to growth in its UK like-for-like sales, ecommerce sales and international expansion.


Reiss said its gross margin remained “robust”, although it did not provide further detail. 

UK sales grew by 11.6% during the period, boosted by a strong performance both online and in stores.

International sales rose 69.4% following the opening of new stores and concessions, and entry into a number of new markets.

US private equity firm Warburg Pincus acquired a majority stake in the business last April. Between April and December, Reiss opened almost 30 new stores.

As of December, the firm had 189 stores in 17 countries, up from 160 stores in 15 countries six months earlier.

The business said: “As we enter 2017, we look forward to working with our new partners at Warburg Pincus to expand the business further into a truly global fashion brand.”


Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.