News
  • Login
  • Home
  • News
  • Sport
  • Worklife
  • Travel
  • Reel
  • Future
  • More
Friday, November 28, 2025
No Result
View All Result

NEWS

3 °c
London
8 ° Wed
9 ° Thu
11 ° Fri
13 ° Sat
  • Home
  • Video
  • World
    • All
    • Africa
    • Asia
    • Australia
    • Europe
    • Latin America
    • Middle East
    • US & Canada

    Get rid of harmful content instead of us, say teens

    US-Palestinian teen freed after nine months in Israeli jail

    A guide to the different groups causing chaos

    Unions ask for rollback after sweeping changes

    Putin doubles down on demands for Ukrainian territory ahead of talks with US

    Venezuela bans six major airlines after tensions with US escalate

    Year after ceasefire, peace eludes south Lebanon as Israeli strikes continue

    National Guard member dies after shooting in Washington DC

    Australian environment laws set for biggest overhaul in decades

  • UK
    • All
    • England
    • N. Ireland
    • Politics
    • Scotland
    • Wales

    Schools told to continue providing RE based on ‘holy scriptures’

    Rangers: James Tavernier defiant but are players good enough to take team forward?

    Machynlleth ‘left in the dark’ without Christmas lights

    Late night bus and train services begin on Friday

    Labour ditches day-one protection from unfair dismissal in U-turn

    Donyell Malen hit by cup as Aston Villa game halted because of crowd trouble

    2015 murder case to be reviewed by police

    Mum of alleged stabbing victim hands out kits to stop bleeding

    Quad bike fall bent me in half like a taco, says Welsh farmer

  • Business
    • All
    • Companies
    • Connected World
    • Economy
    • Entrepreneurship
    • Global Trade
    • Technology of Business

    How to make sure you’re getting a good deal

    Businesses left asking – what happened to growth?

    Households face ‘dismal’ rise in spending power, says IFS

    Fracking transforms an Argentine town but what about the nation?

    Walmart chief Doug McMillon retiring after more than a decade

    The real reason Reeves is making you pay more tax

    North Sea drilling restrictions to be relaxed in new Labour plan

    Thames Water rescue plan attacked by excluded bidders

    What's at stake for Reeves's Budget?

  • Tech
  • Entertainment & Arts

    Dancers say Lizzo ‘needs to be held accountable’ over harassment claims

    Freddie Mercury: Contents of former home being sold at auction

    Harry Potter and the Cursed Child marks seven years in West End

    Sinéad O’Connor: In her own words

    Tom Jones: Neighbour surprised to find singer in flat below

    BBC presenter: What is the evidence?

    Watch: The latest on BBC presenter story… in under a minute

    Watch: George Alagiah’s extraordinary career

    BBC News presenter pays tribute to ‘much loved’ colleague George Alagiah

    Excited filmgoers: 'Barbie is everything'

  • Science
  • Health
  • In Pictures
  • Reality Check
  • Have your say
  • More
    • Newsbeat
    • Long Reads

NEWS

No Result
View All Result
Home Business Companies

Why is River Island in trouble?

July 28, 2025
in Companies
6 min read
237 15
0
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


Getty Images A group of young people walk past a River Island store with sale signs in the windowGetty Images

The future of River Island is in the balance ahead of a crucial court ruling on the fashion chain’s restructuring plans.

The British chain – which once collaborated with Rihanna – revealed in June that it intends to close 33 shops in the UK, putting hundreds of jobs at risk, and also wants its landlords to cut rents at a further 71 stores.

It said more people shopping online and higher costs to run stores had contributed to heavy financial losses.

Reports have suggested it could collapse if its plans are not accepted by the High Court next month, although the firm said it was “confident” they will be.

So what has gone wrong for the High Street stalwart?

Catherine Shuttleworth from Savvy Marketing said River Island’s challenges were “significant” but they were shared by the wider retail industry.

She believed the fashion chain had been affected by several factors including having its stores in the wrong place and facing rising costs.

“River Island has maintained an expensive portfolio of stores at a time when costs are rising and footfall is falling,” she told the BBC.

“Many older stores find themselves in parts of town which may have been busy 20 years ago but now find themselves on the periphery.”

Known for affordable and stylish fashion, brands such as River Island and Topshop dominated High Street fashion from the early 2000s to the mid 2010s.

The first River Island store opened in 1988, after being originally founded in 1948 under the Lewis and Chelsea Girl brand before being renamed.

The family-owned retailer currently has 230 shops, employs about 5,500 people and was one of the first big UK High Street names to launch online in the late 1990s.

But recent years have proved tough. Ben Lewis, chief executive of River Island, said last month that a sharp rise in “the cost of doing business” over the past few years had “only added to the financial burden”.

Intense competition in fashion retail, not only from the likes of Boohoo, but also from Chinese giants such as Shein and Temu, have also added to its challenges.

Its most recent set of accounts revealed a £33.2m loss, with sales down 19%.

Getty Images Rihanna is pictured with long brown hair smiling in front of a Rihanna for River Island signGetty Images

Rihanna collaborated with River Island in 2013

Creditors will start to vote on River Island’s restructuring plan on 1 August, and the High Court will decide whether to approve it on 7 August.

If the plans are rejected, then it is understood the retailer will revise its strategy.

River Island says the plan is a “proactive measure” to place it on “a firm footing”.

“We have been having positive conversations with key stakeholders and are confident that we will achieve approval of the plan in the next few weeks,” a spokesperson for the retailer said.

Nick Sherrard, managing director of Label Sessions, said River Island was in trouble now because of actions not taken years ago.

“What’s very apparent here is that from landlords and suppliers, to investors, no one believes in River Island enough to do it some favours,” he told the BBC.

Mr Sherrard also said River Island was missing the mark when it comes to keeping loyal customers.

“Customers know it, but they don’t know why they should care about the brand,” he added.

Can it make a comeback?

Mr Sherrard said River Island may need more time to turn its fortunes around.

“River Island’s leadership team clearly think that if they can just get a few more months, they can turn the ship around, but the best businesses know that you always have a lot less time than you think before change hits the market,” he said.

Remy Farrell, fashion editor at the Who What Wear website, told the BBC that River Island’s fate depends on how it chooses to rebrand.

“Times are tough for High Street brands that need to feel premium to stay afloat.” she said.

The current best performing brands are those that “don’t rely on buzzy microtrends”, she added, but provide “interchangeable pieces rather than seasonally targeted drops”.

“As we wait with bated breath for the return of Topshop to see just how well the nostalgia factor will support an affordably-priced, younger-skewing brand in the years to come, the concern here for River Islands longevity is who its key market is.”

Additonal reporting by Connie Bowker



Source link

Tags: IslandRivertrouble

Related Posts

Businesses left asking – what happened to growth?

November 28, 2025
0

Simon JackBusiness editorGetty ImagesNot a single measure in the government's policy-packed Budget will change the growth forecast for the...

Walmart chief Doug McMillon retiring after more than a decade

November 27, 2025
0

Walmart chief executive Doug McMillon will retire from his post in January, handing over the reins to a longtime...

Thames Water rescue plan attacked by excluded bidders

November 26, 2025
0

Simon JackBusiness editorReutersA rescue proposal by lenders to Thames Water has been criticised by other potential bidders, frustrated to...

  • Australia helicopter collision: Mid-air clash wreckage covers Gold Coast

    520 shares
    Share 208 Tweet 130
  • UK inflation: Supermarkets say price rises will ease soon

    513 shares
    Share 205 Tweet 128
  • Ballyjamesduff: Man dies after hit-and-run in County Cavan

    510 shares
    Share 204 Tweet 128
  • Somalia: Rare access to its US-funded 'lightning commando brigade

    508 shares
    Share 203 Tweet 127
  • Google faces new multi-billion advertising lawsuit

    508 shares
    Share 203 Tweet 127
  • Trending
  • Comments
  • Latest

Australia helicopter collision: Mid-air clash wreckage covers Gold Coast

January 10, 2023

UK inflation: Supermarkets say price rises will ease soon

April 19, 2023

Ballyjamesduff: Man dies after hit-and-run in County Cavan

August 19, 2022

Stranger Things actor Jamie Campbell Bower praised for addiction post

0

NHS to close Tavistock child gender identity clinic

0

Cold sores traced back to kissing in Bronze Age by Cambridge research

0

What taxes apply to electric vehicles and when will new petrol and diesel cars be banned?

November 28, 2025

Schools told to continue providing RE based on ‘holy scriptures’

November 28, 2025

Doja Cat responds to Ma Vie World Tour complaints from fans

November 28, 2025

Categories

Science

What taxes apply to electric vehicles and when will new petrol and diesel cars be banned?

November 28, 2025
0

Katy Austin,Transport correspondent andPritti Mistry,Business reporterGetty ImagesA new pay-per-mile charge for electric vehicles (EVs) and some hybrid cars was...

Read more

Schools told to continue providing RE based on ‘holy scriptures’

November 28, 2025
News

Copyright © 2020 JBC News Powered by JOOJ.us

Explore the JBC

  • Home
  • News
  • Sport
  • Worklife
  • Travel
  • Reel
  • Future
  • More

Follow Us

  • Home Main
  • Video
  • World
  • Top News
  • Business
  • Sport
  • Tech
  • UK
  • In Pictures
  • Health
  • Reality Check
  • Science
  • Entertainment & Arts
  • Login

Copyright © 2020 JBC News Powered by JOOJ.us

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
News
More Sites

    MORE

  • Home
  • News
  • Sport
  • Worklife
  • Travel
  • Reel
  • Future
  • More
  • News

    JBC News