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Evening Standard
Evening Standard
Business
Danny Halpin

River Island restructuring plan approved by High Court judge

River Island proposes to close 33 of its stores as part of its restructuring plan (Mike Egerton/PA) - (PA Wire)

A restructuring plan aimed at preventing River Island from collapsing into administration has been approved by a High Court judge.

The London-based company has laid out a rescue plan which will see it shut 33 stores and pay reduced rents on another 71 shops.

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