33 Branches at Risk After Next Administration Deal - Ground News
Administrators say they still exploring options for the remaining stores and concessions
ground.newsHere’s the latest on Russell & Bromley Ltd based on available public reporting.
- Background: Russell & Bromley is a premium footwear retailer that has undergone administration and rescue activity in early 2026. Reports indicate that Next purchased the brand and a portion of assets in a pre-pack arrangement, with three stores secured in the deal, while many stores and jobs remained under review.[2][4]
- Status of stores: The rescue deal secured only a small subset of stores (three known locations: Chelsea, Mayfair, and Bluewater). Administrators were exploring options for the remaining 33 shops and 9 concessions, putting hundreds of jobs at risk at that time.[4][2]
- Media coverage: Coverage across multiple outlets noted the precarious position of the majority of the chain’s physical footprint and highlighted that the brand’s future beyond the secured stores depended on ongoing restructuring and market conditions.[2][4]
- Context and alternatives: Coverage mentions the broader UK high-street pressures affecting footwear retailers, including other closures and restructurings in the sector around that period.[2]
Key sources you can read for detail:
- BBC: Next buys Russell & Bromley but 33 shops at risk [BBC article].[2]
- The Independent: Full list of stores at risk despite rescue deal.[4]
- Ground News overview of the rescue, including ownership of the brand and ongoing options for stores.[1]
If you’d like, I can pull the most current public statements from Russell & Bromley’s administrators or Next’s press releases, or summarize the status as of today with a focus on store openings/closings and employee impact.
Would you like me to fetch the latest official filings or press coverage from the past few weeks?[4][2]