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Russell & Bromley Begins Closing-Down Sales at Multiple Branches as Next Takes Over Brand

Administrators retain most of the estate, leaving jobs uncertain.

Overview

  • Shoppers reported closing-down signs and around 30% discounts at Manchester and Canary Wharf stores.
  • Next acquired the Russell & Bromley brand, domain names and IP, confirming it will run the label going forward.
  • Only three stores transfer to Next—Mayfair, Chelsea and Bluewater—while 33 other shops and nine concessions remain with Interpath.
  • Russell & Bromley’s website now carries a Next notice stating the previous operator has ceased trading and the brand will return under Next soon.
  • Customers cannot use Russell & Bromley gift vouchers or Loyalty Points, and pre-administration refund claims for faulty items must go to the administrators; some reports put the rescue price at £2.5 million.