UK High Street Brand River Island Annual Revenue Growth

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Xiaobian network to introduce to you is the British high street brand River Island annual revenue growth of 4%.

British high street brand River Island revealed that it benefited from the two consecutive season of co operation with pop singer Rihanna Rihanna. The brand's sales in the year ended December 28, 2013 increased by 4% to 839 million pounds, but the pre tax profit decreased by 10% to 88 million pounds in the year. Mainly due to the increase in investment in the expansion of UK and overseas stores, and the investment in infrastructure such as IT, Ben Island, chief executive of River Island, pointed out that profits fell within expectations.

Despite the decrease in profits, River Island still faces

The owners of the Lewis family pay a dividend of 100 million.

River Island was founded in 1948 by brand chairman Bernard Lewis, and Ben Lewis is the nephew of Bernard Lewis.

River Island currently has more than 320 stores in the world, with its footprint in Russia, Holland, Berlin, the Middle East and the Far East. The brand has entered new markets such as South Africa, Sweden, Malta and Philippines in the past year, and has launched exclusive shopping websites in Australia, France and Germany.

The moment

Intending to plough the Australian market and plan to enter the US market.