High Street
River Island profits plummet 90% despite rise in turnover
While the company started the year well, the challenging market conditions affected margins, whilst underlying costs rose
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2020/08/River-Island-e1596618821781-895x540.jpg?lossy=1&strip=1&webp=1)
River Island operating profits dropped by 90% year-on-year to £7.4m, despite turnover rising 11.6% year-on-year to £825.8m for the 53 weeks ended 31 December 2022.
You'll need to
subscribe to unlock this content. Already subscribed? Login?