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

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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

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Radomyśl Wielki Radomyśl Wielki () is a town in the Subcarpathian Voivodeship, (Mielec County), Poland, with a population of 3,231 inhabitants (30.06.2019). The town lies on a local road nr. 984, running between Tarnów and Mielec and within the historic borde ...

. His family were members of the

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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

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, 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 United States. The debut in

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proved a success, recouping the money Reiss invested in just one year, which made Reiss continue pursuing his international plans and in 2007 the retailer boasted eight more US stores, including stores in

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San Francisco San Francisco (; Spanish for " Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17th ...

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, and

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. Additional stores opened in

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and Boca Raton, Florida. In April 2016, a majority stake was sold to the American

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firm

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for £230 million.

Personal life

Reiss is married to Rosemary Reiss; they have three children: Ali, Debbie and Darren, and lives in Hampstead, London. Reiss's son is a director at HSBC, and his daughter Debra worked for the chain in

until her death from a long-term illness in 2015. David's eldest daughter Ali was involved in the business for many years before leaving in her 30s to concentrate on her children. His "only extravagance" is a Bentley.

References

{{DEFAULTSORT:Reiss, David English Jews 1943 births Living people British company founders