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Main UK style model plunges into administration – retailer closure warning

The model remained 36 years in operation.

Main UK style model plunges into administration (Picture: Getty)

A serious UK style model has entered administration after being in enterprise for 36 years. British style model LK Bennett has shut down its on-line purchasing, and its web site now states that prospects can now not place orders by telephone or on-line.

Because of this its shops, together with the one in Kingston’s Bentall Centre, are beneath overview and will shut down. Earlier than closing its e‑commerce operations, the corporate held a big clearance sale with reductions of as much as 80% in each its shops and on its web site.

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the model has additionally been related to high-profile prospects, together with Princess of Wales (Picture: Getty)

Based in London in 1990, LK Bennett established itself as an accessible luxurious model and grew throughout the UK and overseas via standalone boutiques, division‑retailer concessions, franchise companions, and on-line channels.

The label additionally gained visibility via excessive‑profile wearers such because the Princess of Wales, reinforcing its place within the premium up to date style market.

The corporate began the administration course of on January 27, 2026 because it sought safety from collectors whereas exploring restructuring choices.

Throughout the course of, the LK Bennett model and mental property (IP) have been acquired by LKB IP Holdings LLC, an affiliate of Gordon Brothers, a agency recognized for restructuring and repositioning retail manufacturers, it has been reported.

The deal, nevertheless, didn’t cowl the model’s remaining bodily shops — 9 standalone outlets and 13 concessions — leaving a lot of its retail presence in a susceptible place and probably affecting as much as 89 workers members.

It comes after one other style icon New Look shut down its Carrickfergus department, in Northern Eire, on April 15. The retailer closed a complete of 51 shops final yr; nevertheless, the Northern Eire web site is the one closure anticipated this month.

Different excessive‑avenue names are additionally decreasing their presence this yr, together with grocery store chain Marks & Spencer, which has introduced the closure of 14 in‑retailer cafés throughout the UK to unlock area for extra merchandise.

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