Russell & Bromley losses nearly doubled in run-up to collapse
Russell & Bromley’s losses almost doubled in the year leading up to its collapse last month, as falling sales and rising costs weighed on the brand’s bottom line.
Administrators at Interpath said Russell & Bromley was “relatively highly loss-making, with these losses due to a combination of falling sales, increasing operational costs, and a relatively high fixed cost base”.
Already have an account? Sign in here