Solely three shops will keep open after Subsequent swoops in to amass the model with £2.5m deal.
Russell and Bromley was a well known staple of the excessive road (Picture: Getty)
The historic British footwear model Russell and Bromley has undergone a significant restructuring after getting into administration. The corporate, which was established in 1880, accomplished a £2.5m pre-pack administration deal in January 2026. Retail big Subsequent stepped in to amass the corporate’s model identify and all mental property rights. This important acquisition was made to protect the legacy of the premium footwear model for years to come back however large quantities of its shops have now closed.
Subsequent’s acquisition was extremely selective when it comes to sustaining the corporate’s bodily retail presence. The deal solely included three high-profile retailer areas: Chelsea, Mayfair, and the Bluewater buying centre. A complete of 33 outlets and 9 retail concessions weren’t a part of the deal. Consequently, these areas throughout the nation have since been pressured to shut their doorways completely. The ultimate Russell & Bromley closure came about on April 23, following the agency’s announcement of the primary 10 closures on April 21.
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Solely three shops now stay (Picture: Getty)
The ultimate Russell and Bromley department that was not included within the sale ceased buying and selling in late April 2026, with the closure happening on April 23, marking the tip of the chain’s presence in lots of excessive road areas.
This vital restructuring has led to appreciable job losses among the many firm’s employees members, with roughly 320 workers impacted.
Directors from Interpath are at the moment managing the scenario and helping affected personnel.
Their speedy focus is on overseeing the wind-down of the remaining enterprise and serving to employees with redundancy claims, studies LiverpoolEcho.
Firm chief government, Andrew Bromley, confirmed the sale was deemed the perfect path to safe the model’s continuity.
Subsequent has expressed its intention to supply the mandatory operational stability and experience to help the model’s subsequent chapter.
Customers could have observed their native retailer has now shut (Picture: Getty)
In its administration FAQs, it added: “NEXT acquired the model identify, domains, and mental property of Russell & Bromley. NEXT additionally acquired 3 shops: Mayfair (London) 395/397 Oxford Avenue; Chelsea (London) 64/66 King’s Highway London; and Bluewater, Kent. All different shops are underneath the management of the Directors.”
“Whereas the earlier operator has ceased buying and selling, the Russell & Bromley model will probably be operated by NEXT within the close to future. Within the interim, former Russell & Bromley prospects are welcome to buy with NEXT.”
Prospects who purchased one thing from Russel and Bromley earlier than the administration might want to contact directors if an merchandise is defective.
It provides: “In case your merchandise was bought earlier than the appointment of the Directors on twenty first January 2026 and is due a refund as a result of it’s defective, please contact the Directors through buyer.expertise@russellandbromley.co.uk.”
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