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
River Island operating profits dropped by 90% year-on-year to ยฃ7.4m, despite turnover rising 11.6% year-on-year to ยฃ825.8m for the 53 weeks ended 31 December 2022.ย