// Reiss could be up for auction after a successful performance
// Insiders reveal a sale process could begin in the second quarter of the year
Reiss is reportedly being groomed for a sale after a period of impressive sales.
Sky News reported that Warburg Pincus, which took a majority stake in the fashion retailer back in 2016, has appointed the investment bank Rothschild to conduct a review.
Retail analysts said an auction would inevitably attract strong interest from a range of strategic and financial bidders.
Reiss operates in 15 countries and trades from 69 standalone stores and has performed strongly under Warburg Pincus’s ownership – which analysts have called an impressive feat against the doom and gloom of the retail industry.