All River Island articles – Page 2
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Data
Data: The 50 best bosses to work for in the UK – according to employees
Three retail bosses made the list of the top 50 best CEOs to work for in the UK, according to Glassdoor’s 2021 Employee’s Choice Awards.
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Data
Data: The brands getting their Instagram strategy right – and wrong
Turning likes into like-for-like growth
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Analysis
Three ways retailers are rethinking stores for future success
Retail Week’s inaugural Stores Week, celebrating bricks and mortar, kicks off today. From The Entertainer and Dixons Carphone to Theo Paphitis Retail Group and AS Watson, retailers and brands from across the sector will reveal how they’re shaping their store strategies. Here’s a taster of what to expect.
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Retail Navigator Analysis
River Island (Overview)
River Island is a mainstream high fashion retailer that is part of the family-owned Lewis Trust Group. It operates around 250 high street stores throughout the UK and sells online through Riverisland.com as well as sites such as Asos, Next and Very.
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Retail Navigator Analysis
River Island (SWOT)
River Island has nationwide coverage and now operates more than 20 superstores in key locations. The company also has a high profile online and on social media, which has been heightening brand awareness.
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Retail Navigator Analysis
River Island (Strategy)
After a challenging couple of years, River Island says it has made “significant changes” following Richard Bradbury’s return to the business as executive chairman at the beginning of 2023. While these are reportedly “starting to bear fruit”, management has stressed that the 2023 financial year will be one of transition.
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Retail Navigator Analysis
River Island (People)
There has been a change at the top of the business in September 2023, with Jane Eskriett and Richard Grainger appointed as co-managing directors. This follows the departure of former CEO Will Kernan in April 2023.
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Retail Navigator Analysis
Stores at River Island
River Island operates a network of around 240 eponymous stores in high-profile locations throughout the UK and ROI, but the network has been reducing in size of late.
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Retail Navigator Analysis
Technology strategy at River Island
Fundamental changes have been taking place across River Island’s technology landscape over the past few years as the fashion retailer continues to evolve to keep up with the dramatic pace at which customers are changing.
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Retail Navigator Analysis
River Island (Financials)
Total sales at River Island Holdings rose 11.6% to £825.8m in the year to December 2022, although this remains well below pre-pandemic levels. The retailer said that, while FY2022 had got off to a good start, it “subsequently suffered from both falling demand for its fashions and rising stock levels, which affected margins”. This resulted in a 90% slump in operating profit to just £7.5m.
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Retail Navigator Analysis
Ecommerce at River Island
River Island is on a push to improve its digital offer across the business.
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Retail Navigator Analysis
Customer and marketing at River Island
River Island is bold when it comes to branding and has successfully reinvented the River Island brand with a series of detailed initiatives that boosted its already established position to new heights of fashionability.
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Retail Navigator Analysis
Supply chain at River Island
River Island’s distribution facilities comprise a 480,000 sq ft distribution centre at Magna Park, Milton Keynes, together with a smaller facility at Ollerton in Nottinghamshire. Both are run by Clipper Logistics.
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Retail Navigator Analysis
River Island (Outlook)
After a challenging couple of years, River Island says it has made “significant changes” following Richard Bradbury’s return to the business as executive chairman at the beginning of 2023. But while these are reportedly “starting to bear fruit”, management has stressed that the 2023 financial year is very much one of transition.
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Opinion
Move of the Week: Key fashion players bring relevance and style to M&S
The appointments of Fiona Lambert and Anna Braithwaite provide some welcome cheer for M&S’ clothing business.
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Analysis
Data: Size matters – how top womenswear retailers rank on size availability
Analysis by Retail Week and Newton shows the extent of ‘lost sales’ from retailers not having the right range of sizes
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News
River Island to slash another 350 jobs as coronavirus continues to take toll
Fashion retailer River Island is set to slash 350 jobs across its store estate as it battles to survive the ongoing coronavirus crisis.
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News
River Island mulls CVA as coronavirus hammers sales
River Island is the latest fashion retailer to consider undertaking a company voluntary arrangement due to the effects of the coronavirus on sales and store footfall.
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Data
Data: M&S to Monzo – the top 50 brands bossing customer experience
In the midst of the coronavirus pandemic, customer needs and behaviours have shifted rapidly in just a few months.
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News
River Island to cut 250 head office jobs as coronavirus costs bite
River Island is axing 250 head office roles in a bid to reduce costs following the fall in sales triggered by the coronavirus pandemic and subsequently reduced footfall.