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River Island's £125m losses before rescue
Paisley Daily Express
|December 09, 2025
RIVER
Island lost almost £125 million in the year before being saved from the brink of administration, it has been revealed.The high street retailer's restructuring plan, which was approved by the High Court in August this year, involved 33 stores being closed with the loss of hundreds of jobs.
The proposal also included rents being reduced - some to zero - and certain debts being written off.
At the time, River Island said it was making redundancies across its head office with expected savings of £8.1m a year.
This story is from the December 09, 2025 edition of Paisley Daily Express.
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