Fashion chain Reiss is exploring a share sale

 
Jessica Morris
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Reiss has been boosted by its Royal appeal (Source: Getty)

Family owned high street fashion chain Reiss, a favourite of the Duchess of Cambridge, is reportedly exploring a share sale which could value the company at as much as £325m.

The company's founder David Reiss is exploring bringing in outside investors for the first time since the company was founded in 1971.

According to a report by Sky News Reiss has appointed investment bank Morgan Stanley to look into its options and this could lead to the sale of a minority stake in the company.

Reiss' so-called "royal appeal" helped it swing to profit last year, with pre-tax profits coming in a £2.9m for 2014, compared to a loss of £4.7m a year earlier.

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