River Island has called in advisers from PricewaterhouseCoopers in a bid to turn around the fortunes of its 230 High Street branches which employ around 5,500 people River Island's 230 stores are at risk of closing

High Street fashion giant River Island is on red alert and has roped in advisors from PricewaterhouseCoopers (PwC) to devise a rescue plan for its 230 stores . The retailer, with a workforce of 5,500, is feeling the heat after reporting a hefty £32.2million loss in 2023.

Sky News has reported that PwC will be working on a formal restructuring plan to keep the shop shutters up . River Island's roots stretch back to 1948 when Bernard Lewis planted the retail seed, initially named Lewis and Chelsea Girl. ‌

The CEO reins are now in the hands of Ben Lewis, Bernard’s n

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