Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Next to Acquire 25% Stake in Fashion Rival

When it comes to sustainability, there is no way forward without a plan. Attend our in-person “Sustainability Summit: Road to 2030” June 1 in NYC. Learn from the industry’s best and brightest, and network to create those necessary partnerships!

British fashion retailer Next plc is set to take a 25 percent stake in retail rival Reiss Ltd. for an undisclosed amount. Next will acquire shares from existing shareholders, it said on Monday. Reiss and its digital presence have performed well throughout the coronavirus pandemic, and sources said private equity firm Warburg Pincus has been…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!