All parties have declined to comment on the reported sale. Next had been an early suitor for Topshop, but dropped out of the race, and was also said to be interested in buying Thomas Pink, although it stepped away from that sale process, too.Īccording to unconfirmed media reports, former JD Sports executive Nick Preston has acquired Pink from LVMH Moët Hennessy Louis Vuitton, along with a group of North and South American investors. Next’s move follows a flurry of high street acquisitions earlier this year, with Boohoo buying Debenhams and retail brands in the Arcadia portfolio, and Asos snapping up Topshop and Topman. Next’s infrastructure will ensure Reiss is not only more efficient as a business, but more effective at serving its customers directly through Reiss stores, at and through its worldwide partners.” We are excited to see what can be achieved through the combination of Reiss’ exceptional product, marketing and brand building skills with Next’s Total Platform infrastructure.”Ĭhristos Angelides, Reiss CEO, said the new partnership will be “transformational for Reiss’ operational effectiveness. Simon Wolfson, Next’s chief executive officer, called Reiss “an outstanding brand with enormous potential and a first-class management team. 1, 2020, Reiss posted turnover of 227.4 million pounds through all its sales channels, an increase of 22 percent on the prior year. In May 2016, the private equity firm Warburg Pincus acquired a majority stake, with the Reiss family retaining a minority holding.
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It produces and sells men’s and women’s clothing and accessories. Reiss was founded in 1971 by David Reiss, originally as a men’s wear brand.
If exercised the new stake would take its holding to 51 percent. Reiss has a background in engineering and systems theory, including having graduated from The Bronx High School of Science and having an undergraduate degree in Chemical and Biochemical Engineering (with a minor in Philosophy) from Northwestern University.Under the terms of the agreement, Next has an option to acquire an additional 26 percent interest in Reiss at pre-agreed terms. Reiss graduated from Northwestern University Medical School and completed psychiatric internship at Ohio State University Hospital, followed by psychiatric residency at the University of California, San Diego. Reiss is a member of the Sports Lawyers Association).ĭr.
David reiss jd professional#
Reiss has been active with the professional athletic community, regarding stress, depression and post-concussion psychiatric issues (Dr. He is an authority on issues regarding social and political phenomena, medical and mental health treatment, PTSD, violence in society, and the functioning of the current medical and mental health systems. Reiss often interviewed and quoted in the print, Internet and radio/TV media, nationally and internationally, to help the public understand the psychological aspects of current events. Reiss has authored articles published in academic journals and newsletters and he has authored multiple articles and book chapters published in the lay press.
Reiss has been recognized internationally for expertise in character and personality dynamics.
Reiss has been associated with multiple hospitals, including having served as Interim Medical Director of Providence Hospital (Holyoke, MA), a 126-bed psychiatric facility and as attending psychiatrist at The Brattleboro Retreat (VT), Cambridge Hospital (MA), Melrose-Wakefield Hospital (MA), Salem Hospital (MA) and the Manhattan Psychiatric Center (NY).ĭr. In addition to private outpatient practice, over recent years, Dr. Reiss is a California Qualified Medical Examiner. His wide clinical experience includes being licensed in CA, NY, PA, CT, MA, RI, and VT, with offices throughout Southern and Central California. He has evaluated and treated over 15,000 persons of diverse social and cultural backgrounds, from every occupational field. Reiss has been a practicing psychiatrist for over 30 years, specializing in “front-line” adult psychiatry.
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