Next buys shoe brand Russell & Bromley but 400 jobs still at risk
Source: BBC
High street fashion giant Next has bought shoe retailer Russell & Bromley which had collapsed in to administration.Next paid £2.5m in a rescue deal for the upmarket British footwear and accessories seller -- but the future for most of the chain's current staff and shops remains uncertainNext will own the brand and three of Russell & Bromley's 36 stores, as well as some existing stock for which it is paying an…
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