Next buyout saves footwear chain Russell & Bromley but 400 jobs likely to be lost
Retailer buys chain from administration for £3.8m adding to brand portfolio ranging from FatFace to Made.comNext has rescued the Russell & Bromley footwear retailer out of administration for £3.8m but about 400 jobs are likely to go at 33 shops not included in the deal.The British brand,...
<p>Retailer buys chain from administration for £3.8m adding to brand portfolio ranging from FatFace to Made.com</p><p>Next has rescued the Russell & Bromley footwear retailer out of administration for £3.8m but about 400 jobs are likely to go at 33 shops not included in the deal.</p><p>The British brand, founded in 1879 in Eastbourne, East Sussex, trades from 36 stores and nine concessions across the UK and Ireland. But Next will only take on three stores – in Chelsea, Mayfair and the Bluewater Shopping Centre – and about 48 store staff, it is understood.</p> <a href="https://www.theguardian.com/business/2026/jan/21/next-buys-russell-bromley-footwear-chain-redundancies-job-losses-likely">Continue reading...</a>
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