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UK’s Next explores buying or investing in shoe brand Russell & Bromley amid growth review.
UK retailer Next is reportedly exploring a deal to acquire or invest in British shoe brand Russell & Bromley, known for its 145-year history and 37 stores, as part of a broader review of funding options.
The move follows Russell & Bromley’s appointment of advisors to pursue investment and its “Re Boot” growth strategy.
While Next has not confirmed the talks, the potential transaction aligns with its past acquisitions of brands like Cath Kidston and Made.com.
The company recently raised its full-year profit forecast, citing a 10.5% year-on-year sales increase in the third quarter.
Meanwhile, Fair Wear and Cotton made in Africa (CmiA) are advancing human rights and environmental due diligence in fashion supply chains, launching new strategies and standards focused on transparency, worker inclusion, and sustainable practices.
UK's Next explora la compra o inversión en la marca de calzado Russell & Bromley en medio de una revisión de crecimiento.