restructuring news and archive

Dow to close three upstream European assests

Dow, a leading material science company, is set to close three upstream assets in Europe in response to structural challenges it is currently facing in the region. The decision is a follow-up to the European asset actions first published in April 2025 and has been approved by the Board of Directors. The three assets that will shut down include...

Retail

River Island to close 33 stores, putting hundreds of jobs at risk amid restructuring

British high street stalwart River Island has announced plans to close 33 of its 230 UK stores, a move that puts hundreds of jobs in jeopardy as it seeks to restructure its operations in response to shifting consumer habits and rising costs. As reported by the BBC, the company is also negotiating rent reductions across a further 71 locations....