High street retailer proposes radical rescue plan as it faces £10m funding gap
Copy link
River Island at risk of collapse within weeks
High street retailer proposes radical rescue plan as it faces £10m funding gap
907 words~4 min read
High street retailer proposes radical rescue plan as it faces £10m funding gap
High street retailer proposes radical rescue plan as it faces £10m funding gap
Copy link
Fashion retailer wants to shut 33 stores and reduce rent costs, and says it needs £10m of funding in September
Retailer to cut 100 head office jobs after High Court backs radical restructuring
Family-owned retailer wants to close stores, cut rents and have debts written off
The struggling High Street retailer had warned it would run out of cash by the end of August.
The clothing retailer, which has 230 shops and employs around 5,500 people, is taking the step after latest figures showed it…
The chain plans to close 33 of its UK stores, putting hundreds of jobs at risk as part of a major restructuring plan, according…