https://le-magasin.co.uk/tag/reiss/ Recent content in Reiss on Le Magasin Hugo en-GB Thu, 11 Mar 2021 20:35:44 +0000 https://le-magasin.co.uk/future-to-acquire-stake-in-united-kingdom-vogue-chain-reiss-apparel-business-news.html Thu, 11 Mar 2021 20:35:44 +0000 https://le-magasin.co.uk/future-to-acquire-stake-in-united-kingdom-vogue-chain-reiss-apparel-business-news.html <div id="fontArea"> <table id="tblImage" cellpadding="0" cellspacing="0" border="0"> <tr> <td align="center"></td> </tr> <tr> <td align="center"> <p>The intention is that Next&#8217;s infrastructure — its on the internet systems, warehousing, distribution property and sourcing foundation — can serve as a launchpad for Reiss&#8217;s growth options, both in the Uk and overseas</p> </td> </tr> </table> <h2 class="LookLikeP">United kingdom garments and homeware retailer Next Plc has agreed the terms of a offer to get a 25% equity stake in fashion chain peer, Reiss.</h2> <p>On completion of the deal, Future will make an equity financial commitment of GBP33m (US$45.8m) and a personal debt investment decision of GBP10m, financed from its possess hard cash resources.   </p>