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River Island celebrates as pre-tax profits rise

Pre-tax profits at River Island are understood to have risen by more than 10% to over £155 million for the year to December 31, with sales increasing at a similar rate. Turnover for the same period in 2005 was £595.4m. The retailer has unveiled plans to expand abroad and is poised to roll out stores in Europe. Locations are expected to include Spain, Germany, Belgium, Austria and Luxembourg.