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Major UK Fashion Retailer to Close All Stores in Days After Entering Administration
The retailer’s nine stand-alone shops and 13 concessions were excluded from the Gordon Brothers deal, and closing-down sales offer up to 90% off.
- Fashion retailer LK Bennett announced all remaining UK locations will permanently shut on Sunday, affecting nine stand-alone stores and 13 concessionaries after nearly 36 years in business.
- The retailer entered administration in January, with John Noon and Mark Firmin of Alvarez & Marsal Europe LLP appointed as joint administrators; US firm Gordon Brothers acquired the brand but excluded these stores from the transaction.
- Following the closure of its website and phone orders last week, the company is holding final in-store sales offering up to 90% off shoes and boots, with at least 80% off everything else.
- The brand's official Instagram page urged customers to shop while stock lasts, stating: "Only 4 days to go until we close our doors." Customers have a final weekend to purchase remaining inventory.
- Founded in 1990 by Linda Bennett with a single boutique in Wimbledon, London, the retailer became renowned for shoes, bags, and accessories across the UK before this permanent closure ends its nearly 36-year legacy.
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26 Articles
26 Articles
The Herald Scotland+22 Reposted by 22 other sources
Major UK fashion retailer to close all stores in days after entering administration
LK Bennett has revealed it is set to close its nine standalone and 13 concession stores for good in the coming days after entering administration.
·Scotland, United Kingdom
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Store closures alert: Fashion high street retailer LK Bennett to shut down ALL locations
A major high street retailer is preparing to close all of its stores after nearly 36 years of doing business in another blow to the UK economy.Fashion retailer LK Bennett will permanently shut all its remaining UK locations within five days, with nine stores and 13 concessionaries to cease opearting.Shoppers have until early next week to visit the stores before they close for good, with the company's online shop already having stopped trading.At…
·London, United Kingdom
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Total News Sources26
Leaning Left2Leaning Right1Center21Last UpdatedBias Distribution88% Center
Bias Distribution
- 88% of the sources are Center
88% Center
C 88%
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