July 31, 2006

Reiss Is Not For Sale

by Piers Fawkes

David Reiss is one of the last owner-founders left in British retail. Just as well, he tells the Telegraph, because he intends to triple the size of the chain that carries his name - and for that, he wants to be in total control:

“Owner-drivers have a vision but when you hand the reins down to other people, that drive and vision goes to other people. You have to have someone at the top who has energy, drive and spirit to make things happen,” he says.

“If you take your eye off the ball, things happen. You just have to look at the people who are successful and people who are not,” he adds, no doubt referencing Messrs. Hargreaves and Simon, who are seeing sales fall.

Telegraph | Money | Why Reiss is not for sale

Article categories: Brands, Retail, Trends In The UK

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