River Island plans to close 33 shops - but why is it in trouble?

River Island faces uncertain future pending court decision on restructuring plans due to financial losses and plans to close stores. Factors such as rising costs, shifting consumer behavior towards online shopping, and misaligned store locations contribute to the challenges faced by the British fashion chain. Despite impending court ruling, River Island remains optimistic about gaining approval for its restructuring plan. To potentially revive its fortunes, the brand may need to focus on rebranding and capturing a loyal customer base amid tough competition in the retail industry.