Next is eyeing up a high street shopping boom with a new investment.

The high street giant Next is reportedly considering making an offer to invest in Russell & Bromley, the shoe retailer that said it was looking for a fresh cash injection.

It has been reported that the FTSE 100 company is among several possible parties interested in investing in the smaller retail brand. It is unclear whether the deal would be an acquisition or a straight investment, according to Sky News.

Russell & Bromley said it had appointed the advisory firm Interpath to explore options for new financing.

Next has been the stock exchange’s best performing retail business, owning household names including the FatFace and Made.com , a furniture retailer.

It also holds partnerships with Gap and Victoria’s Secre

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