Russell & Bromley, the family-owned shoe retailer, has drafted in Metropolis advisers to lift exterior funding amid an more and more aggressive excessive road buying and selling atmosphere.
The dimensions of the potential fundraising was unclear on Tuesday.
Russell & Bromley trades from 37 shops and employs greater than 450 folks.
It’s at the moment run by Andrew Bromley, the fifth technology of his household to carry the reins.
Billie Piper, the actress and singer, is the present face of the model because it tries to attraction to youthful shoppers as a part of a five-year turnaround plan.
“Because the announcement of the ‘Re Boot’ earlier this 12 months we’ve got made vital progress, positioning us nicely to construct on our momentum and proceed alongside our journey.
“We are looking forward to working with our advisory team to secure the necessary investment to accelerate our expansion plans.”
Interpath declined to remark.
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