Warburg Pincus news and archive

Reiss eyes up expansion in North America

London - Reiss is set to expand its retail footprint in North America and is poised to open stores in New York, Miami and Yorkdale as part of its international expansion scheme. "North America is a key market for us and we are really excited about each of the openings this year and further expanding our presence," said chairman and chief...

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Reiss sells stake to Warburg Pincus to accelerate expansion

London - Premium fashion retailer Reiss has sold a majority stake of the business, valued at 230 million pounds to an affiliate of private equity firm Warburg Pincus, as the brand looks to expand further both in the UK and internationally. Reiss, founded by David Reiss in 1971, has more than 160 locations in 15 countries, and in the year to...