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

81. David Reiss, founder, Reiss

David Reiss

Position last year: 70

Reiss entered 2015 a changed business, having turned around its fortunes from 2013 when it made a pre-tax loss of £6.2m, to post record sales of £128m and profits of £13.7m for the year to January 31 2015. Led by Reiss, the family-owned premium fashion retailer now plans to build on this by opening 40 new international stores and concessions by the end of 2016.

The inimitable David Reiss remains at the helm 40 years after he founded the business, though the 72-year-old is now said to be considering the sale of a minority stake in the retailer.

During the period, Reiss’s international losses widened from £1.1m to £1.9m and the business can only hope that greater emphasis on challenging overseas markets doesn’t adversely affect this British business.

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.