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River Island FY’12 profit up 12.5 percent

Thursday, 19 September 2013

REPORT_ River Island pre-tax profit jumped 12.5 percent

last year while turnover climbed a marginal 0.4 percent. Despite the positive performance River Island is cautious about the trading outlook.
River Island is based in the UK. It operates in 14 countries. Chief executive Ben Lewis said: “I am pleased with our performance against a tough economic backdrop. It reflects the investment we have made in the business and we look forward to further expansion at home and abroad as we build a world class multichannel fashion brand.” The company has a collaboration with singer Rihanna and the The Rihanna for River Island collection was launched earlier this year.





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