Reiss eyes recovery after swinging to loss amid pandemic

REISS - AW21 - NEW UNIFORMS CAMPAIGN - DUAL GENDER

Reiss made a loss of £3.8m in the year to January 30, 2021, compared to a profit of £20.5m in 2019. Reiss attributed the loss to extended periods of store closures as well as exceptional items due to the pandemic.

Sales at the fashion retailer fell to £170.7m during 2020, a 24.6% drop from the year before.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now