All River Island articles
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Opinion‘As it wins approval for restructuring, River Island still faces fundamental questions’
Any restructuring of River Island will only be a small step towards recovery. The retailer needs to find its sense of purpose, believes George MacDonald
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NewsRiver Island secures lifeline after High Court approves restructuring plan
River Island has successfully secured High Court approval for its restructuring plan, providing a crucial lifeline for the embattled chain as it works to transform its business model.
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NewsCrunch high court ruling to decide River Island’s future delayed
River Island will have to wait to see what the future holds for the business as the final ruling has been moved to a different date.
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NewsRiver Island still confident of High Court decision despite creditor backlash at vote
River Island was handed a bloody nose after landlords voted down its restructuring proposals last Friday, although the retailer is still confident of the High Court waving through the controversial measures, Retail Week can reveal.
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NewsRiver Island vote goes to the wire as retailer bets its survival on High Court judgement
Friday’s vote on River Island’s restructuring plans is likely to go to the wire with disgruntled landlords set to vote against it, although a High Court ‘cramming down’ judgement could yet save the brand
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NewsRiver Island at risk of collapse “within weeks” without rescue plan - report
River Island is set to collapse “within weeks” unless a rescue plan can be agreed with creditors, according to a report in The Telegraph.
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AnalysisIf H&M is sneezing, does the rest of mid-market fashion have a summer cold?
After reporting a decline in operating profits in its first half, do the struggles of fashion giant H&M reflect a deeper malaise in UK mid-market fashion?
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NewsRiver Island names locations of upcoming store closures
High street fashion retailer River Island has revealed the locations of the stores it plans to close as part of its restructuring process.
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NewsHundreds of jobs at risk as River Island mulls store closures
Hundreds of jobs at fashion retailer River Island could be set to go, as the struggling brand looks to push through store closures and rent cuts as part of its restructuring plans.
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NewsRiver Island stores at risk as it draws up rescue plan
Advisers from PwC have been brought in to help devise a rescue plan for River Island, it has been reported.
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NewsRiver Island has appointed a new trading managing director
Suzy Slavid, who was previously a merchandise manager at the brand, rejoins following the news that former CEO Ben Lewis has retaken the reigns at the fashion brand.
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NewsRiver Island executive chair Richard Bradbury stands down as new boss is named
River Island boss Richard Bradbury is stepping down from his role as executive chair as another former boss returns to the helm.
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Opinion‘While it’s easy to blame the Budget, retailers shouldn’t let it become the new “unseasonable weather”’
While last week’s sad job cuts at Sainsbury’s and Morrisons highlight the increasing pressures on business from the Budget, retailers should avoid letting it become a catch-all excuse for underperformance.
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NewsRiver Island is calling in advisers as it mulls cost-saving measures
Fashion retailer River Island is understood to have drafted in consultants as it eyes “cost reduction and profit improvement” ahead of the upcoming tax increases in April.
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GalleryIn pictures: retailers’ spectacular Christmas windows
It’s the most wonderful time of the year for store windows, as retailers seek to create seasonal in-store theatre to stimulate golden quarter spend
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NewsRiver Island has swung to a loss amid a ‘challenging’ environment and tough competition
Fashion retailer River Island has swung to a loss amid declining sales and competition within the fashion market continuing to ramp up.
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Retail Navigator AnalysisRiver Island (Financials)
Total sales at River Island Holdings fell 15.1% to £701.5m in the year ended 30 December 2023 (FY2023). The retailer described 2023 as a year of “reset” for the business, with “product ranges refocussed and a new leadership structure put in place”. It has been investing in its customer proposition, which includes “stronger product ranges, an enhanced shopping environment in stores and an elevated digital experience.” It conceded there is “increasing competition especially in the digital space”.
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News‘Online is the new car boot sale’, says Charity Super.Mkt founder
Charity Super.Mkt co-founder Maria Chenoweth has said “online is the new car boot sale” when speaking about the role of pre-loved in the fashion market, alongside Depop, eBay and River Island at LIVE 2024.
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DataRanking: The 30 fastest-growing fashion retailers revealed
It has been a tough few years for fashion, and retailers have been battling to lead on style, value and quality despite skyrocketing return rates, competition for customer loyalty and bold sustainability targets.
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NewsRiver Island profits plummet as it struggles with excess stock
Fashion retailer River Island has reported plummeting operating profits for the 2022 financial year as the brand battled to clear excess stock and rising inflation.