Its shops weren’t included within the deal after the agency entered administration.
LK Bennett has entered administration. (Picture: E )
A preferred UK excessive road style retailer has closed its web site after providing prospects big last-minute reductions in its “greatest ever sale”.
LK Bennett plunged into administration, and the model provided reductions of as much as 80% earlier than closing its web site. Gross sales, nevertheless, proceed at its 9 stand-alone shops and 13 concession shops, which, nevertheless, weren’t included within the deal.
A message on the LK Bennett web site learn: “John Midday and Mark Firmin of Alvarez & Marsal Europe LLP have been appointed Joint Directors of Harmon Realisations Restricted (registration quantity: 11903831) on 27 January 2026 pursuant to paragraph 22 of Schedule B1 to the Insolvency Act 1986.”
One of many LK Bennett shops. (Picture: E )
The message additionally learn: “Instantly following their appointment, the LK Bennett model and associated mental property was bought to LKB IP Holdings, LLC (a Gordon Brothers affiliated entity). The LK Bennett shops weren’t included within the transaction and proceed to commerce below the Administration.”
The closure of the web site passed off on April 13, and it’ll minimize the value of its merchandise by a minimum of 80%. The retailer additionally stated they’ve a web based unique sale of as much as 90% for its high-end attire, sneakers, equipment, and prospects can seize final minute bargains as we speak. The corporate, based by Linda Bennett in London in 1990, collapsed in January, with John Midday and Mark Firmin of Alvarez & Marsal Europe LLP appointed as joint directors later that month.
In regards to the gross sales, a spokesperson added: “There are some really distinctive affords accessible throughout all classes. The whole lot has been lowered, together with new season items.
“We anticipate sturdy demand and count on key types to promote by means of rapidly; we wish to thank our loyal prospects for his or her assist through the years and invite them to buy early to keep away from disappointment.”
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A message one the agency’s web site additionally learn prospects can “store in retailer for a restricted time”.
LK Bennett is understood for being a premium ladies’s garments model, specialising in attire, knitted put on, luxurious footwear corresponding to boots, and purses. Clients now have their final likelihood to test the various affords accessible earlier than the ultimate closure.
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