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Next to Acquire 25% Stake in Fashion Rival

From new denim constructions, weights and washes to the steps global mills are taking to reduce impact, Rivet's SS23 In Season Look Book: Denim & Trims has everything you need to know for a successful denim season.

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…

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