Next Eyes Russell & Bromley
3 Articles
3 Articles
Next eyes Russell & Bromley as heritage brand seeks lifeline - InternetRetailing
Next is in talks to acquire or take a stake in Russell & Bromley, according to reporting by Sky News. City sources told Sky that a number of other investors are also considering investing in the 145-year-old shoe retailer, although their identities are not known. Some weeks ago, Russell & Bromley confirmed that it had drafted in advisory firm Interpath to explore options for raising finance for the business. Despite being a well-known high stree…
Next considers Russell & Bromley purchase, says report
Next is in reportedly discussions to snap up shoe retailer Russell & Bromley as its latest purchase. The fashion giant, which saved maternity brand Seraphine from administration in July, is among the parties in talks with advisers to the footwear specialist as it courts investors, Sky News reported. A number of other suitors are also being considered to make an investment in Russell & Bromley, with their identities remaining unclear, city source…
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