| David Reiss | |
| Birth Place: | London, England |
| Known For: | Founder, Reiss |
| Spouse: | Rosemary Reiss |
| Parents: | Joshua Reiss |
| Children: | 3 |
David Anthony Reiss (born May 1943) is the founder of the British global fashion chain Reiss.
According to The Sunday Times Rich List in 2019, Reiss is worth £240 million.[1]
David Anthony Reiss was born to a Jewish family in May 1943.[2] His father, Joshua Reiss, operated a store in Bishopsgate that was founded by his uncle, Samuel Reiss (born 1903) who was an immigrant from a south-eastern Polish shtetl in Radomyśl Wielki.[3] His family were members of the orthodox Raleigh Close (Hendon United Synagogue)[3] and Reiss studied at Carmel College, a former Jewish boarding school in Oxfordshire.[4]
Reiss took over his father's gentlemen's outfitters on the corner of Bishopsgate and Petticoat Lane in the City of London, in 1971, when he was in his 20s.[5] He then moved on to manufacturing, and in 1980 opened a flagship store in Chelsea selling his eponymous brand, as well as establishing a factory in Wakefield producing his clothes.[6] Reiss remained chairman of the firm until 2021, when he resigned at the age of 78 and was replaced by former Next CEO Simon Wolfson[7], having been retained following a majority stake in the business being sold to the American private equity firm Warburg Pincus for £230 million in 2016[8] . Reiss and his family retain a "significant stake" in Reiss Limited[9], and are also involved in a range of philanthropic causes following their departure from the management of the business.
Reiss is married to Rosemary Reiss;[10] they have three children: Ali, Debbie and Darren, and lives in Hampstead, London.[11] Reiss's son is a director at HSBC, and his daughter Debra worked for the chain in Los Angeles until her death from a long-term illness in 2015.[12] David's eldest daughter Ali was involved in the business for many years before leaving in her 30s to concentrate on her children.[13]
His "only extravagance" is a Bentley.[14]