Overview
- Storefront banners in Cheltenham and Exeter advertise closing-down sales with around 20% off, with no firm closure dates announced.
- Next has acquired the brand and intellectual property in a pre-pack deal reported at £2.5 million and bought selected stock for £1.3 million.
- Only three standalone stores — Chelsea, Mayfair and Bluewater — are being retained by Next, leaving 33 stores and nine concessions at risk.
- Interpath says the non-acquired shops remain open as options are explored, and Russell & Bromley’s online sales are paused during a platform transfer with returns currently not accepted.
- Local reports also point to clearance activity in other locations such as Edinburgh, and the company employs roughly 440 people.