Reiss (brand)
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Reiss (brand)
Reiss ( ) is a British fashion brand and retail store chain owned and run by the founder, David Reiss. The brand produces men's and women's clothing. It has 160 stores in 15 countries. Reiss was founded in 1971, and its first store in London's Bishopsgate sold men's suits. It did not move into women's clothes until 2000. The Reiss flagship store and headquarters in London, designed by Squire and Partners, has won several awards including the RIBA Award, the BCO Award and the Civic Trust Award. The brand was named Fashion Retailer of the Year in 2003 at the British Style Awards. Reiss has seen a significant increase in the number of its stores to 160 outlets worldwide, including key stores in Heathrow Terminal 5 and Westfield London as well as over four dozen locations across the United States as of 2022. Reiss intends to eventually grow to 250 stores worldwide. In April 2016, a majority stake was sold to the American private equity firm Warburg Pincus Warburg Pincus L ...
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David Reiss (fashion Retailer)
David Anthony Reiss (born May 1943) is the founder of the British global fashion chain Reiss. According to ''The Sunday Times Rich List'' in 2019, Reiss is worth £240 million. Early life David Anthony Reiss was born to a Jewish family in May 1943. His father, Joshua Reiss, operated a store in Bishopsgate that was founded by his uncle, Samuel Reiss (born 1903) who was an immigrant from a south-eastern Polish shtetl in Radomyśl Wielki. His family were members of the orthodox Raleigh Close (Hendon United Synagogue). Career David took over his father's gentlemen's outfitters on the corner of Bishopsgate and Petticoat Lane in the City of London, in 1971, when he was in his 20s. Today Reiss is the last big owner-founder entrepreneur left in British retail. Reiss has a target to open 260 stores around the world, including 100 franchise stores (the company has already signed a deal for 40 in Europe, the Far East and the Middle East), and 50 stand-alone stores in Europe and the ...
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Pound Sterling
Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound ( sign: £) is the main unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception. It is currently the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and Renminbi, it forms the basket of currencies which calculate the value of IMF special drawing rights. As of mid-2021, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes, and ...
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Warburg Pincus
Warburg Pincus LLC is a global private equity firm, headquartered in New York, with offices in the United States, Europe, Brazil, China, Southeast Asia and India. Warburg has been a private equity investor since 1966. The firm currently has over $80 billion in assets under management and invests in a range of sectors including retail, industrial manufacturing, energy, financial services, health care, technology, media, and real estate. Warburg Pincus is a growth investor. Warburg Pincus has raised 21 private equity funds which have invested over $100 billion in over 1,000 companies in 40 countries. Warburg Pincus invested in the information and communication technology sectors, including investments in Avaya, Bharti Tele-Ventures, Harbour Networks, NeuStar, PayScale, and Telcordia. History Founding and early history In 1939, Eric Warburg of the Warburg banking family founded a company under the name E.M. Warburg & Co. Its first address was 52 William Street, New York ...
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Leeds Victoria Quarter
Leeds () is a city and the administrative centre of the City of Leeds district in West Yorkshire, England. It is built around the River Aire and is in the eastern foothills of the Pennines. It is also the third-largest settlement (by population) in England, after London and Birmingham. The city was a small manorial borough in the 13th century and a market town in the 16th century. It expanded by becoming a major production centre, including of carbonated water where it was invented in the 1760s, and trading centre (mainly with wool) for the 17th and 18th centuries. It was a major mill town during the Industrial Revolution. It was also known for its flax industry, iron foundries, engineering and printing, as well as shopping, with several surviving Victorian era arcades, such as Kirkgate Market. City status was awarded in 1893, a populous urban centre formed in the following century which absorbed surrounding villages and overtook the nearby York population. It is located ab ...
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