Sunday, June 8, 2025
News Wave
No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
News Wave
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
No Result
View All Result
News Wave
No Result
View All Result
Home World UK

Major high street brand with over 250 UK stores ‘at risk of collapse’

8 June 2025
in UK
0 0
Major high street brand with over 250 UK stores ‘at risk of collapse’
Share on FacebookShare on Twitter


Fashion retailer River Island, a staple of the UK high street for over 75 years, is reportedly close to closing some of its stores as it develops a ‘radical rescue plan’ with PricewaterhouseCoopers (PwC) amid challenging market conditions. The company’s latest accounts revealed a £33.2 million loss before tax and a 19% drop in turnover, attributing these issues to rising operating costs, changing consumer preferences, and increased competition, particularly in the digital space. The potential loss of River Island stores highlights ongoing struggles faced by the UK high street, which has seen numerous businesses close in recent years.

Full Article

Tags: BrandBusinesscollapseFashionHighmajorNewsriskStore ClosuresstoresStreetUK
Previous Post

2 Artificial Intelligence (AI) Stocks to Buy and Hold for the Next 20 Years

Next Post

Kota teen shot while playing, bullet travels through skull

Related Posts

Mum pleads for missing schoolgirl, 13, to ‘come home safe’
UK

Mum pleads for missing schoolgirl, 13, to ‘come home safe’

by My News Wave
8 June 2025
0

Police are searching for 13-year-old Ruby Wallwork, who went missing from Kearsley, Greater Manchester, around 11pm on Friday, June 6, and was reported missing the following morning. Her mother, Amy Bell, expressed concern for Ruby's safety, stating she is a vulnerable young girl, and urged for her return. Detective Chief Inspector Helen Bagnall has confirmed that officers are reviewing CCTV, speaking to friends and family, and collaborating with British Transport Police, as they believe Ruby...

Read more
Israel vows to stop ship carrying Greta Thunberg reaching Gaza ‘by whatever measure necessary’
UK

Israel vows to stop ship carrying Greta Thunberg reaching Gaza ‘by whatever measure necessary’

by My News Wave
8 June 2025
0

On June 1, 2025, the Madleen, a ship organized by the Freedom Flotilla Coalition, departed from Catania, Italy, carrying humanitarian aid to Gaza, including essential supplies like baby formula and medical kits. Israeli Defence Minister Israel Katz vowed to prevent the vessel from reaching Gaza by any means necessary, labeling the mission as a "hate flotilla." Activists aboard, including Greta Thunberg, expressed concerns about potential communication jamming and the threat posed by previous attacks on...

Read more
Two people stabbed and one shot during World Pride parade
UK

Two people stabbed and one shot during World Pride parade

by My News Wave
8 June 2025
0

During the World Pride march in Washington DC, two men were stabbed and another man was shot near Dupont Circle Park, prompting a police evacuation around 7:30 PM. The stabbing victims were hospitalized with non-life-threatening injuries, while the shooting victim remained conscious. The park, initially set to close for safety during the event, remained open after a city government decision, and as of now, no arrests have been made in connection with the incidents despite...

Read more
British sailor arrested ‘after throwing girlfriend who couldn’t swim into river’
UK

British sailor arrested ‘after throwing girlfriend who couldn’t swim into river’

by My News Wave
8 June 2025
0

A British yachtsman, 60, has been arrested in Oeiras, Portugal, on suspicion of attempted murder after allegedly throwing his girlfriend, who could not swim, into the River Tagus during an argument and abandoning her. The woman, also thought to be British, was rescued by the crew of another boat and taken to the hospital, although her condition is currently unknown. The suspect has been remanded in custody pending a criminal investigation into domestic violence and...

Read more
'Troubling decline' in secondary school PE lessons
UK

'Troubling decline' in secondary school PE lessons

by My News Wave
8 June 2025
0

A "troubling decline" in physical education (PE) hours for England's secondary school pupils has been highlighted by the Youth Sport Trust (YST), which reports nearly 4,000 PE hours lost in the past year and a total of almost 45,000 hours since the 2012 London Olympics. Additionally, the number of PE teachers in England has decreased by 7%, prompting the YST to call for urgent action to prioritize PE. In response, the government stated its commitment...

Read more
Urgent search for two girls, 13 and 14, last seen at leisure centre
UK

Urgent search for two girls, 13 and 14, last seen at leisure centre

by My News Wave
8 June 2025
0

A search is underway for two missing teenage girls, Sofia, 13, and Carla, 14, last seen in school uniform near a leisure center in north Manchester on Thursday around 4:45 PM. Sofia, potentially wearing glasses, is slim with long dark hair, while Carla is approximately 5ft 4in tall with long dark braided hair. Both are believed to be together and known to frequent Piccadilly Gardens; Greater Manchester Police are increasingly concerned for their welfare and...

Read more
News Wave

News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Entertainment
  • Europe
  • India
  • Middle East
  • New Zealand
  • Sports
  • Technology
  • UK
  • USA
  • World

LATEST NEWS STORIES

  • Italy sack coach Spalletti after Norway World Cup loss
  • Mum pleads for missing schoolgirl, 13, to ‘come home safe’
  • Weather: Icy front brings freezing temperatures to New Zealand overnight
  • About Us
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In