Historic British footwear brand shuts 10 stores after collapsing into administration

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Historic British footwear brand shuts 10 stores after collapsing into administration.

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Russell & Bromley has closed 10 stores in the first wave of shutdowns following the footwear retailer's collapse into administration earlier this year.The British shoe brand's Covent Garden branch is set to close on April 22, with stores in Bath and Harrogate scheduled to shut on April 23.Locations already closed include Exeter, Hampstead, Winchester, Stratford, Birmingham, Jermyn Street, Canary Wharf, and three outlet stores in Swindon, Ashford, and Cheshire Oaks.Further closures are expected in the coming weeks as the 146-year-old retailer winds down most of its operations.

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TRENDING Stories Videos Your Say The closures follow Next's acquisition of the brand through a pre-pack administration deal completed in January.Next purchased the Russell & Bromley brand, its intellectual property, and three retail locations for £2.5million in cash.The retailer retained stores in Chelsea and Mayfair in London, along with the Bluewater shopping centre site in Kent.Before entering administration,...

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