In order to pass, three quarters of the company's creditors needed to back it, as well as the founder's – the Lewis family – agreeing to give it an emergency loan. The fate of River Island has been confirmed (Image: Geography Photos/Universal Images Group via Getty Images)

The fate of embattled UK high street icon River Island has been decided. A rescue plan was ruled over and approved by high court judges today, with the fate of several stores now sealed . . . as it was revealed the business would have run out of cash by the start of September. ‌

The radical rescue plan was put together to save the brand, which has now been approved, will see 33 stores out of more than 200 close in January 2026, and 71 stores have rents slashed, while a series of debts will now be written

See Full Page