US vulture Elliott leads race to buy £500m Reiss as designer Christopher Kane collapses into administration
Two fashion brands beloved by the Princess of Wales yesterday faced uncertain futures. Luxury dressmaker Reiss is thought to be a takeover target for US investment fund Elliott Advisors while designer Christopher Kane collapsed into administration. Kate Middleton has been a loyal fan of High Street name Reiss, often wearing colourful, smart blazers from the retailer, and even picked a white dress from the brand for her engagement portrait with Prince William back in 2010.