Reiss is married to Rosemary Reiss they have three children: Ali, Debbie and Darren, and lives in Hampstead, London.
In April 2016, a majority stake was sold to the American private equity firm Warburg Pincus for £230 million. Additional stores opened in Short Hills, New Jersey and Boca Raton, Florida. The debut in New York City 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 Boston, San Francisco, Washington, D.C., and Los Angeles.
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. Today Reiss is the last big owner-founder entrepreneur left in British retail. Career ĭavid 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. His family were members of the orthodox Raleigh Close (Hendon United Synagogue). 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. David Anthony Reiss was born to a Jewish family in May 1943.
0 kommentar(er)
