High street fashion retailer River Island has had its restructuring plan approved by a High Court judge, a move that will allow it to close stores and renegotiate rents.
The embattled utility completed drawdown of its first £1.5bn lifeline, extending liquidity coverage into mid-December 2025.
High street retailer River Island has been saved from administration after a High Court judge approved its restructuring plan.
The former owner of Poundland is preparing for restructuring as financial losses mount.
.jpeg?width=1200&auto=webp&crop=3%3A2)
showbiz sport money travel garden news tech health science politics culture business environment