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Next upping Reiss stake 'a good move' - Vimarsana News

Next upping Reiss stake 'a good move'

Next announced on Friday 1 September that it acquired US private equity firm Warburg Pincus’s 34% stake in Reiss for £128m—the sole stake in the brand not

Next raises its stake in luxury fashion retailer Reiss - Vimarsana News

Next raises its stake in luxury fashion retailer Reiss

Next has increased its stake in luxury fashion retailer Reiss from 51% to 72%

Source: yahoo.com
Retail: Next ups its stake in luxury fashion group Reiss - Vimarsana News

Retail: Next ups its stake in luxury fashion group Reiss

Next has increased its stake in luxury fashion retailer Reiss from 51 to 72

Next spends £128m to raise stake in Reiss to 72% - Vimarsana News

Next spends £128m to raise stake in Reiss to 72%

Next is spending £128m to buy a further 21% stake in premium high street retailer Reiss despite recent reports it was considering selling its investment.

Next increases stake in Reiss to 72% - Vimarsana News

Next increases stake in Reiss to 72%

Upon completion of the deal, which is expected to take place in mid-October, Next will own 72% of shares in Reiss, the Reiss family's holding will