×
479
Fashion Jobs
MOLEDRO
Operation Manager
Permanent · NEW DELHI
MOLEDRO
HR &Admin
Permanent · NEW DELHI
MOLEDRO
Brand Manager
Permanent · NEW DELHI
MOLEDRO
sr Fashion Designer / Production Manager
Permanent · NEW DELHI
ADIDAS
Manager Information Security
Permanent · GURUGRAM
ADIDAS
sr. Manager Sales Excellence
Permanent · GURUGRAM
CL GUPTA RETAIL PRIVATE LIMITED
Production Manager Cum Quality Control Manager
Permanent · Noida
UGRAYA FOODS
Production Manager || Agartala (Tripura) || Poultry Feed Industry
Permanent · Agartala
GOVIND KRIPA INFRATECH PVT. LTD.
HR/Telecalling/Sales Manager/Sales Executives/Asst. Sales Manager
Permanent · Jaipur
JUMBO BAGS
Manager- Production (Fibc / Woven Polypropylene Industry)
Permanent · Chennai
ADIDAS
Manager, Masterdata And Product Launch (.Com & Digital Partners), Apac
Permanent · GURUGRAM
ADIDAS
Manager, Digital Backend Operations, Apac
Permanent · GURUGRAM
THE HOUSE OF DEEPTHI LIMITED
Production Manager
Permanent · MUMBAI
MANPOWERGROUP SERVICES INDIA PRIVATE LIMITED
Hiring-Field Sales Manager
Permanent · Chennai
YUTIKA NATURAL
Area Sales Manager (Guwahati)
Permanent · Katihar
LENSKART
Area Operations Manager
Permanent · Chennai
ELECTRONICA FINANCE
Area Sales Manager - Mumbai- Vasai
Permanent · Mumbai
ADIDAS
Manager Learning & Development & Knowledge Management (M/F/D)
Permanent · CHENNAI
D.LIGHT
Hiring For Area Sales Manager | Bihar | d.Light Energy
Permanent · Patna
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED
Loan Against Securities - Area Sales Manager
Permanent · Chennai
ANAND RATHI GLOBAL FINANCE
Hiring For Area Sales Manager Sme- Lap
Permanent · Mumbai
CURLYFE BIOSCIENCES
Senior Area Sales Manager
Permanent · Ghaziabad
Published
Jan 17, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Reiss shines at Christmas as UK, online and international stores prove strong

Published
Jan 17, 2017

Reiss is the latest UK fashion retailer to report buoyant festive trading as its omnichannel strategy paid off. The mid-priced chain saw sales in the seven weeks to January 7 rising just short of 20% as UK comparable sales, online business and international turnover all headed in the right direction.


Reiss had a very happy Christmas



But did it achieve this by heavy discounting? It appears not. While the retailer gave few details, it said that its margin remained “robust” as UK sales rose 11.6% with a strong performance both in-store and online.

But it was the international performance that really impressed as the firm reported a 69.4% surge in sales on the back of new stores and concessions and its debut in two new markets.

Its expansion strategy took in multiple continents in 2016 with the firm debuting in France and Australia last year, as well as opening two New York stores, and one in Toronto.

The company had 189 stores in 17 countries during the Christmas selling season, up from 160 stores in 15 countries a year ago.

The store expansion last year came as new majority owner Warburg Pincus committed itself to growing the brand’s footprint. Those 29 new locations were opened between April, when the private equity investor acquired control in a deal valuing Reiss at £230m, and December.

In announcing its Christmas trading, Reiss added that it would work with Warburg Pincus in its aim of becoming a “a truly global fashion brand.”


After dark dressing is a key part of the Reiss offer



Reiss has consistently been one of the more successful retailers coming out of the UK, despite the mid-priced sector it occupies having been extremely competitive. While not being known for ultra-directional fashion, it has benefited from being a favourite brand of the continuously photographed Duchess of Cambridge and has built a robust business around ocassionwear, smart daywear and smart casualwear.

Copyright © 2022 FashionNetwork.com All rights reserved.