British BulletinBritish Bulletin
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Lifestyle
  • Health
  • Sports
  • Tech & Science
  • Travel
  • Spotlight
  • More
    • Press Release
What's On

Lloyds Banking Group to close 79 more branches as high street banking retreat continues

11 June 2026

HBO Max finally arrives on Manhattan Aero’s Freely box

11 June 2026

Dozens of children put at risk after gender care failures at GP clinic, inquiry finds | UK News

11 June 2026

Pirelli F1 tyre contract extended until 2028

11 June 2026

Look no further than the EU if you want to understand the current chaos on the UK’s streets

11 June 2026
Facebook X (Twitter) Instagram
Web Stories
Facebook X (Twitter) Instagram
British Bulletin
Subscribe
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Lifestyle
  • Health
  • Sports
  • Tech & Science
  • Travel
  • Spotlight
  • More
    • Press Release
British BulletinBritish Bulletin
Home » Russell & Bromley cuts prices in huge closing down sale after collapsing into administration
Business

Russell & Bromley cuts prices in huge closing down sale after collapsing into administration

By britishbulletin.com26 March 20263 Mins Read
Russell & Bromley cuts prices in huge closing down sale after collapsing into administration
Share
Facebook Twitter LinkedIn Pinterest Email

Russell & Bromley is offering steep reductions of up to half price across its remaining outlets as the historic footwear retailer winds down operations following its January administration.

The British shoe chain has launched an “everything must go” clearance event, marking a significant escalation from the 20 per cent reductions introduced at the start of 2025.


Shoppers can now find dramatically reduced prices as the company works through its remaining inventory.

The 145-year-old retailer, which counts the Princess of Wales among its high-profile customers alongside celebrities Katie Holmes and Billie Piper, entered administration earlier this year after years of financial difficulties.

Next stepped in to purchase the business on 21 January, securing three locations in the process.

The retail giant’s acquisition preserved shops in Chelsea, Mayfair and at the Bluewater Shopping Centre in Kent.

However, the deal left 33 stores and nine concessions outside its scope, with these sites continuing to operate under administrator oversight.

The excluded outlets have remained open to customers, though their future beyond the clearance period remains uncertain.

The affected sites are anticipated to remain operational until May, with trading continuing as stock levels gradually diminish

| PA

For the three rescued locations, the takeover by Next offers a lifeline, keeping the Russell & Bromley name on the high street in these prime retail destinations for the foreseeable future.

The affected sites are anticipated to remain operational until May, with trading continuing as stock levels gradually diminish.

During the acquisition, Next managed to rescue 40 workers from job losses by bringing them into its own workforce.

The administration has already resulted in 34 redundancies at the company’s head office.

The administration has already resulted in 34 redundancies at the company’s head office

| PA

Despite these transfers, a substantial number of employees face an uncertain future, with 320 staff members still at risk of losing their positions.

The ongoing clearance sale represents the final chapter for these remaining locations, as the once-prominent retailer prepares to close its doors permanently at the majority of its sites.

George Bromley and Elizabeth Russell established the company in Eastbourne in 1880, building a reputation that would eventually attract royal and celebrity patronage.

The brand became a favoured choice for prominent figures, with the Princess of Wales, American actress Katie Holmes and singer Billie Piper among its notable customers over the years

| GETTY IMAGES

The brand became a favoured choice for prominent figures, with the Princess of Wales, American actress Katie Holmes and singer Billie Piper among its notable customers over the years.

However, the retailer’s fortunes declined sharply following the coronavirus pandemic.

Weak consumer demand combined with escalating operational costs pushed the business into unprofitability from 2019 onwards.

These persistent financial pressures ultimately proved insurmountable, leading to the administration that has now triggered the widespread store closures and job losses.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

Lloyds Banking Group to close 79 more branches as high street banking retreat continues

HMRC savings tax warning as number facing £5,000 bills jumps 173 per cent in four years

Elon Musk’s SpaceX eyes historic stock market debut which could make him world’s first trillionaire

State pension shock as Andy Burnham backtracks on support for Waspi women compensation

Tesco launches new Clubcard benefit as shoppers get a million free coupons from today

Coventry Airport shuts TODAY after 90 years with all flights cancelled

Pension savers could pocket extra £69,000 retirement boost by avoiding ‘pricey’ World Cup charge

Lloyds Bank launches £5,000 cashback deal in major pensions overhaul

UK risks ‘higher costs and greater energy insecurity’ by weakening electric car targets, report warns

Editors Picks

HBO Max finally arrives on Manhattan Aero’s Freely box

11 June 2026

Dozens of children put at risk after gender care failures at GP clinic, inquiry finds | UK News

11 June 2026

Pirelli F1 tyre contract extended until 2028

11 June 2026

Look no further than the EU if you want to understand the current chaos on the UK’s streets

11 June 2026

Subscribe to News

Get the latest Brittan News and Updates directly to your inbox.

Latest News

Kemi Badenoch must work with Nigel Farage to stop Labour, most senior Tory MP tells GB News

11 June 2026

Inside Prince Harry and Meghan Markle’s ambitious plans for their £6.3million Portugal home

11 June 2026

HMRC savings tax warning as number facing £5,000 bills jumps 173 per cent in four years

11 June 2026
Facebook X (Twitter) Pinterest TikTok Instagram
© 2026 British Bulletin. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.