Overview
- Multiple outlets, citing the Telegraph, report discussions in which Next would acquire Russell & Bromley’s brand and intellectual property.
- Retail Realisation is reported to be lined up to manage the closure of all 37 stores and a fire sale of stock.
- About 450 jobs are at risk if the reported plan proceeds, though no transaction has been confirmed.
- Interpath is said to be considering several options for the business, with the Next proposal among them.
- Retail Realisation is linked to Modella Capital, which has recently bought high‑street names including WHSmith, Claire’s and Hobbycraft, while Russell & Bromley posted a £9m loss in 2024 and launched a five‑year ‘Re‑Boot’ strategy.