FASHION
Next Chief Executive Lord Wolfson to chair Reiss
Date Posted: Monday 24th May 2021
Next has reportedly said it will further invest over £40 million in fashion retailer Reiss after purchasing a 25 per cent stake earlier this year. Next chief executive Lord Simon Wolfson is set to become chairman of Reiss and will replace founder David Reiss, The Telegraph reported.
The appointment comes after Lord Wolfson was given his first external directorship in 30 years, joining the board of Deliveroo in January.