#Mark david reiss update#

In the year to 31 January 2007, Reiss made an operating profit of ВЈ9.1m, and is on track to hit sales of ВЈ100m this current financial year.ДЄt present, there is a lot of activity around reappraising quantities and orders for the spring and summer collection next year, which includes contracts with other retailers. This is followed by a chat with the head of retail operations about how the day's sales are going. Mr Reiss meets his finance director to discuss figures and 'plans for the future', although he doesn't elaborate. 'I have always been very hands-on with key departments and the hub of the business,' he says. However, Mr Reiss is keen to stress that he spends a lot of time walking around the office speaking to different departments. An hour later, he hooks up with the merchandise director to discuss next season's fashion collection. Mr Reiss has a meeting with the new brand director, Andy Rogers, who was previously the designer Stella McCartney's right-hand man. 'We are a very sexy business with enormous growth potential,' says Mr Reiss.

Last year, Reiss was approached by a multibillion dollar company that wanted to open 200 Reiss stores in the US. Mr Reiss has had approaches about selling the business but says now is not the time, just two years into a five-year plan to have 250 stores globally.

#Mark david reiss update#

Meetings begin, first with the head of menswear and womenswear, 'getting an update on how the collection is going and going through any day-to-day issues.' Reiss lines are also sold in the department stores Selfridges, Harvey Nichols and John Lewis.