14th Dec 2025 12:08
(Alliance News) - Next PLC is among the parties in talks to potentially acquire shoe retailer Russell & Bromley, Sky News reported on Saturday.
Next, which closed up 0.2% at 13,595.00 pence per share and has a GBP16.65 billion market capitalisation, "has defied the wider high street gloom to become one of the UK's best-run businesses," Sky claimed.
The Leicester, England-based clothing retailer owns various retail brands, including FatFace, Cath Kidston, Joules and Seraphine.
Sky said it could not reach Russell & Bromley or Interpath, the advisory firm it recently engaged "to explore options for raising new financing," and that Next declined to comment.
"City sources said this weekend that a number of other suitors were also in the frame to make an investment in the chain, although their identities were unclear," Sky said.
By Emma Curzon, Alliance News reporter
Comments and questions to [email protected]
Copyright 2025 Alliance News Ltd. All Rights Reserved.
Related Shares:
Next