Russell & Bromley currently runs 36 stores and nine concessions across the UK and Ireland, employing around 440 people. However, Next said it will only retain three of its shops – in Chelsea, Mayfair and the Bluewater Shopping Centre – as part of the deal. Next said it will pay £2.5 million for the brand and intellectual property, and £1.3 million for a portion of its current stock. In a statement, Next said: “This acquisition secures the future of a much-loved British footwear brand. “Our intention is to continue to trade the remaining portfolio of stores for as long as we can, while we explore the options available.”

Source: The Herald January 22, 2026 09:06 UTC