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Next plots swoop on family-owned shoe chain Russell & Bromley
Next engages in talks to acquire or invest in the 145-year-old Russell & Bromley, expanding its retail portfolio using its Total Platform infrastructure.
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4 Articles
Sky News UK+2 Reposted by 2 other sources
Next plots swoop on family-owned shoe chain Russell & Bromley
The £16.6bn high street giant, which also owns Joules and FatFace, is among the parties in talks with advisers to the 145 year-old high street chain as it courts investors, Sky News learns.
·United Kingdom
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Next eyes Russell & Bromley deal
The high street giant Next is reportedly considering making an offer to invest in Russell & Bromley, the shoe retailer that said it was looking for a fresh cash injection. It has been reported that the FTSE 100 company is among several possible parties interested in investing in the smaller retail brand. It is unclear whether the deal would be an acquisition or a straight investment, according to Sky News. Russell & Bromley said it had appoint…
·London, United Kingdom
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Total News Sources4
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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