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LSE:NXT News 21 January 2026

Next buys Russell & Bromley for £3.8m — and leaves 33 stores facing an uncertain future

Next buys Russell & Bromley for £3.8m — and leaves 33 stores facing an uncertain future

London, Jan 21, 2026, 11:42 GMT British retailer Next said on Wednesday it has bought Russell & Bromley through an insolvency process, paying £2.5 million for the brand and a further £1.3 million for some of its stock. The deal covers the brand’s intellectual property and three stores, while 33 stores and nine concessions — shop-in-shop spaces inside other retailers…
21 January 2026

Stock Market Today

  • Petrobras Signs $521M Deal to Expand Gas Transport Fleet
    January 21, 2026, 10:21 AM EST. Petrobras and its logistics arm Transpetro have inked $521 million contracts with Brazilian shipyards to build five gas carriers, 18 barges, and 18 pushers. The move aims to expand the transportation capacity for liquefied petroleum gas (LPG), crucial for Brazil's energy needs. The fleet will enhance LPG delivery across coastal and inland waterways, supporting both residential and industrial sectors. Vessel deliveries will begin 33 months after construction starts, then continue every six months. This initiative supports Brazil's domestic shipbuilding revival and job creation, aligning with Petrobras' long-term plans to boost its energy logistics and production capacity. The project also reinforces Transpetro's role as a key player in the country's energy infrastructure.
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