A major British footwear chain has shut 10 of its stores after an administration deal. Russell & Bromley, which previously operated 36 stores across the UK and was acquired by Next, has started a first wave of closures.
The retailer is closing its Covent Garden store today (April 22) as well as its stores in Bath and Harrogate tomorrow, as reported by Drapers. Russell & Bromley is also launching clearance sales with 90% of everything. This comes after Next acquired the British footwear brand in a pre-pack administration deal in January this year, which saw the fashion retailer snap up the Russell & Bromley brand, other intellectual property, and three specific stores (Chelsea, Mayfair, and Bluewater). Next was able to transfer 40 employees to its company during its deal.
Russell & Bromley previously operated from 36 stores with around 440 employees, yet now faces planned closures of 33 standalone stores and nine concessions across the UK and Ireland, Drapers added.
The brand was founded back in 1880 by George Bromley and Elizabeth Russell in Eastbourne and became famous for signature loafers, boots, pumps, and brogues.
It was popular among many big names including the Kate Middleton, Katie Holmes, and Billie Piper. Russell & Bromley traded from 36 stores and nine concessions across the UK and Ireland, and employed around 440 people.
The Daily Express has contacted Russell & Bromley's joint administrators Interpath for comment.
- Exeter
- Hampstead
- Winchester
- Stratford
- Birmingham
- Jermyn Street
- Canary Wharf
- Swindon outlet
- Ashford outlet
- Cheshire Oaks outlet
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