River Island Closes 33 Stores, Restructures Debt

River Island, a popular high street retailer, is closing 33 stores and restructuring to recover financially. Despite this, 122 stores will remain open. The company cites increased competition from fast fashion and decreased consumer spending as challenges. CEO Ben Lewis believes this restructuring will set the stage for long-term success. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.