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Retail

Russell and Bromley to relocate Covent Garden store

Luxury British footwear and handbag retailer Russell and Bromley will be relocating its store at 117 Long Acre, Covent Garden this autumn to a new 3,461-square-foot store at 107 Long Acre. Designed by an in-house team, the store includes a 1,630-square foot lower ground floor and an 1,841-square-foot ground floor. The relocation to the busy...

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Retail

Oxford Street property sales set to hit 1 billion pounds in 2015

That prime retail locations are high in demand in London is no secret, but as prices continue to rise property sales on Oxford Street are set to reach the 1 billion pound mark by the end of this year, according to property agent CBRE. The agent forecast comes after 645 million pounds worth of real estate was exchanged throughout the first five...

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Business

Russell & Bromley gives payout of 11.2 million pounds to family owners

UK footwear and accessories retailer Russell & Bromley, has given a payout of 11.2 million pounds to its family owners after its sales and profits soared in 2013. The Bromley family, which first founded the footwear chain 120 year ago, ups dividend by 60 percent in 2013, after the retailer reported sales increase of 9.5 percent to 117.6 million...

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