Overview
- The retailer confirmed 33 closures to be completed by the end of January 2026, with the full list of locations published by news outlets.
- Seventy-one stores will receive rent reductions under the restructuring, and parts of the company’s debt will be written off.
- River Island will retain 122 stores from an estate of more than 200 and continues to employ about 5,500 people.
- Chief executive Ben Lewis cites the shift to online shopping, ultra-cheap fast-fashion rivals and rising operating costs as drivers for the overhaul.
- The scheme secured High Court approval earlier this year, and company accounts show pre-tax losses of £33.2m in 2023 and £64m in 2024.