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Evening Standard
Evening Standard
National
Henry Saker-Clark

Russell & Bromley bought in rescue deal but 33 stores at risk

Russell and Bromley has been bought by Next after entering administration, but most of its stores have not been included in the deal (Nick Ansell/PA) - (PA Archive)

Next has snapped up luxury footwear business Russell & Bromley from administration in a rescue deal, but the future of most of the brand’s stores remains uncertain.

Administrators confirmed that Next has bought the brand and certain other assets in a pre-pack insolvency deal.

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