NEXT reopens Russell & Bromley location following closure
NEXT has reopened Russell & Bromley’s Richmond store in south-west London following its recent closure.
The lease for the Richmond location is understood to have been transferred to NEXT earlier this week, with the store now reopening under the British retailer’s management.
The reopening follows confirmation that all remaining Russell & Bromley stores and concessions previously under review would close, with all sites shutting by the end of April.
The closures came after a pre-pack administration deal completed in January, through which NEXT acquired the Russell & Bromley brand and selected assets.
The agreement initially included three stores in Chelsea, Mayfair and Bluewater, with Richmond now added following its reopening.
Employees at locations not included in the sale were subsequently made redundant.
Earlier this month, administrators Interpath confirmed that 332 redundancies had been made across Russell & Bromley’s head office and store network as part of the insolvency process.
Founded in Sussex in 1880, Russell & Bromley had faced sustained financial pressures in recent years, including declining sales, rising operating costs and a high fixed-cost base, alongside wider challenges affecting the UK retail sector, such as inflation and weaker consumer demand.
