Business & Technology

Westgate Oxford shop to make return after administration

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Shoe retailer Russell & Bromley will be returning to its former ground floor unit on September 3, having been one of 33 nationwide to close in January.

The 150-year-old footwear brand was acquired by Next as part of a rescue deal.

Clare Martin, centre director at Westgate Oxford, said: “The return of Russell & Bromley is brilliant news, and we’re delighted that Westgate Oxford has been chosen as one of the first locations for reopening.

Shoe shop Russell & Bromley back in January (Image: Matt Simpson)

“Russell & Bromley has always been a popular brand among our guests and it’s a great part of our retail mix. We look forward to seeing the store reopen later this year.”

The footwear and handbags specialist was founded in 1879 in Sussex.

Next said in January it would pay £2.5 million for the brand and intellectual property, and £1.3 million for a portion of its current stock.

In a statement, Next said: “This acquisition secures the future of a much-loved British footwear brand.

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“Next intends to build on this legacy and provide the operational stability and expertise to support Russell & Bromley’s next chapter, allowing it to return to its core mission: the design and curation of world-class, premium footwear and accessories for many years to come.”

Andrew Bromley, chief executive of Russell & Bromley, said: “Following a strategic review with external advisers, we have taken the difficult decision to sell the Russell & Bromley brand.

“This is the best route to secure the future for the brand, and we would like to thank our staff, suppliers, partners and customers for their support throughout our history.”

Will Wright, Interpath’s UK chief executive, said: “Across its 147-year history, Russell & Bromley has been at the forefront of contemporary style.

“We’re pleased therefore to have concluded this transaction, which will preserve the brand and the commitment to quality craftmanship that it has become so well known for.

“Our intention is to continue to trade the remaining portfolio of stores for as long as we can, while we explore the options available.”





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