Russell & Bromley’s High Street Fall | London News

Once a stalwart of British high street fashion, Russell & Bromley—founded in 1873—has collapsed under £59 million in debt, leaving just three stores and 400 jobs lost. Bought by Next for just £2.5 million in a pre-pack deal, the brand’s demise mirrors a broader retail crisis, as historic names like National Car Parks and Denby Pottery also fall. Rising costs, sluggish spending, and personal director liabilities are forcing businesses to walk a razor-thin financial line. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1c1603c91102de43