Tag : LK Bennett
Fashion retail’s redundancy crisis at ChristmasSubscription
The festive season looks bleak for thousands of retail workers facing redundancy, many of whom are turning to charity for help.
LK Bennett founding store to shutSubscription
LK Bennett’s first ever bricks-and-mortar store, which opened in Wimbledon, south-west London in 1990, is set to close on 29 October.
LK Bennett creditors owed £32mSubscription
LK Bennett’s creditors, including suppliers, are thought to be owed more than £31.9m, a report from administrator EY has shown.
Critics see private equity investment as the “kiss of death”, but for some fashion retailers it can be life-saving.
Darren Topp reinstated as LK Bennett CEO Subscription
Former LK Bennett chief executive Darren Topp has been reappointed as CEO of the womenswear retailer, following its sale earlier this month.
LK Bennett store closures revealed Subscription
LK Bennett has announced the locations of the 15 stores it plans to close, resulting in the redundancy of around 110 employees.
LK Bennett sold to Chinese partnerSubscription
Rebecca Feng, who runs LK Bennett’s Chinese franchises, has bought the UK, Ireland and wholesale business of the premium womenswear retailer, Drapers can reveal.
Chinese partner to buy LK Bennett tonight Subscription
Rebecca Feng, who runs LK Bennett’s Chinese franchises, is expected to sign a deal for the premium womenswear retailer later this evening, Drapers can reveal.
LK Bennett founder drops out of bidding war Subscription
Rebecca Feng, who runs LK Bennett’s Chinese franchises, is the current frontrunner to buy the premium womenswear retailer out of administration, after founder Linda Bennett dropped out of the bidding war earlier this week, Drapers can reveal.
Philip Day withdraws LK Bennett bid Subscription
Philip Day, owner of Edinburgh Woollen Mill Group (EWM), has decided to withdraw from the bidding process for premium womenswear retailer LK Bennett, following its collapse into administration last month.
Rebecca Feng, who runs LK Bennett’s Chinese franchises, is the latest party to make a bid for the premium womenswear retailer, which fell into administration earlier this month.
Dune bids for LK BennettSubscription
Footwear retailer The Dune Group has reportedly tabled a last-minute bid for premium womenswear retailer LK Bennett, following its collapse into administration earlier this month.
LK Bennett bid deadline looms Subscription
The fate of LK Bennett will be decided on Monday 25 March – the deadline for final offers from prospective buyers, which are thought to include founder Linda Bennett, as well as Mike Ashley.
Buyers circle LK Bennett Subscription
Prospective buyers are mulling bids to take over LK Bennett following its fall into administration.
LK Bennett has become the latest high street casualty, closing five stores and making 55 redundancies after going into administration last week.
LK Bennett creditors 'left in the dark' Subscription
Creditors of LK Bennett have been left unsure as to whether they will receive any money owed to them after the retailer went into administration last week.
LK Bennett enters administrationSubscription
LK Bennett has gone into administration, closing five stores and making 55 redundancies.
LK Bennett 'to go into administration today' Subscription
LK Bennett will go into administration later today, Drapers understands.
Following LK Bennett’s filing of notice of intention to appoint administrators last week, Drapers investigates what, if anything, can be done to save the retailer as it teeters on the brink of collapse.
LK Bennett lines up administrator Subscription
LK Bennett has filed a notice of intention to appoint administrators.
LK Bennett axes AlixPartnersSubscription
LK Bennett has cut ties with advisers AlixPartners, weeks after the retailer drafted the restructuring firm in to consider options for the business, Drapers can reveal.
LK Bennett calls in advisersSubscription
Premium womenswear retailer LK Bennett has appointed advisers to consider options that could involve a sale.
Iris to expand London portfolio Subscription
London-based women’s and childrenswear independent Iris is eyeing up two more store locations in the capital after securing investment of just over £1m, Drapers can reveal.
Fashion industry leaders' predictions for 2019Subscription
With Brexit looming, consumer confidence dwindling and retailers seeking new ways to offer the best experience for shoppers, Drapers speaks to fashion leaders across the industry to see what they predict for the year ahead.
Erica Vilkauls, CEO, LK Bennett Subscription
Erica Vilkauls joined LK Bennett as CEO in April, following the departure of Darren Topp.
Customers will define the store of the future Subscription
Industry insiders debated the future of bricks-and-mortar stores in an omnichannel world at Drapers Fashion Forum.
What skills do retail leaders need today?Subscription
Challenging times require strong leadership. Nowhere is this more true than on the UK high street, where fashion bosses are battling a sluggish economy and shaky consumer confidence in an ever-changing retail industry
Exclusive: LK Bennett sales and profits fallSubscription
LK Bennett made an operating loss of £5.9m, excluding exceptional items, for the year to 31 July 2017.
LK Bennett, autumn 18Subscription
There is a pretty primness to much of LK Bennett’s collection, which balances soft, feminine touches with more tailored elements.
Inside LK Bennett founder's exclusive Atelier 75VideoSubscription
Sitting moments from London’s bustling Regent Street, newly opened boutique Atelier 75 is a carefully curated new retail venture co-founded by LK Bennett founder Linda Bennett.
LK Bennett CEO Darren Topp is leaving the business in April and will be replaced by Erica Vilkauls, who formerly headed up womenswear chain East.
Michael Hitchcock joins HunkemöllerSubscription
Former LK Bennett CFO Michael Hitchcock has joined lingerie business Hunkemöller International in the same role.
Jo Hooper exits Pure CollectionSubscription
Jo Hooper has left her position as product director of cashmere brand Pure Collection.
LK Bennett product director exitsSubscription
LK Bennett’s ready to wear product director, Sundari Gabriel, has stepped down after ten months in the role, Drapers understands.
High Street Preview: spring 18Subscription
Drapers brings you a first look at the upcoming collections from the biggest high street retailers, including hero items and key trends for the upcoming season.
LK Bennett founder buys out the businessSubscription
Womenswear retailer LK Bennett’s founder, Linda Bennett, has increased her investment in the company to buy out the remaining equity from private equity owner Phoenix Equity Partners.
LK Bennett made an operating loss of £4.5m for the year to 30 July 2016, up from a £1.1m loss the year before, as CEO Darren Topp implements his turnaround strategy to refocus the business.
LK Bennett founder returns to chainSubscription
Linda Bennett is set to return to LK Bennett, the eponymous retailer she founded in 1990.
Re-evaluating the Russian marketSubscription
The Russian fashion market has had a turbulent time in recent years, but after a period of instability, there are signs that the market is heading for a turnaround, so is it time for UK retailers to reconsider Russia?
LK Bennett to open its first store in RussiaSubscription
LK Bennett will open its first store in Russia this week amid wider international expansion plans.
Karen Millen appoints creative design directorSubscription
Karen Millen has poached LK Bennett’s Tracey Stainer to fill the new role of creative design director, Drapers can reveal.
Position last year: 85
High street preview: LK Bennett spring 17Subscription
Despite demure silhouettes of full skirts, midi-dresses and 1960s swing coats giving a classic feel to the collection, bright pops of colour – pinks, reds, yellows and teals – and textile choices including luxe leathers and suedes give a bold twist to a grown-up offer.
High street hit or miss: footwear autumn 16Subscription
Which footwear retailers delighted, and which disappointed, when Drapers went mystery shopping at Meadowhall in Sheffield?
The new chief executive of LK Bennett, Darren Topp, needs to focus on its core customer and getting the product right to grow the business, industry observers said this week.
High Street Preview: autumn 16Subscription
Get an exclusive first look at next season’s collections from the high street’s biggest names.
LK Bennett: autumn 16Subscription
Proportion play defines much of the newness at LK Bennett next season. Smart trousers are high waisted and extra wide, coats are sleekly tailored and elongated to shin-skimming lengths, and the retailer’s signature midi-skirt is pumped up in an exaggerated A-line shape. Velvet – the key fabric on the autumn 16 catwalks – lends a luxe feel to dresses and outerwear, while the bohemian air of flouncy floral maxi-dresses is tempered by military-influenced jackets.
LK Bennett’s turnover fell 1.8% in the year to August 2015 as it shut some loss-making UK stores, but like-for-like sales grew by 5% in the same period.
The Royal Warrant ….Subscription
Over the last six weeks we have had literally thousands of emails about the Royal Wedding and any PR link you could possibly make with it – we had made a conscious decision not to mention the Royal Wedding on our three blogs as we thought people would be so over it and also constantly having it in their face via the news media.
Manchesters new luxury retail space- The AvenueSubscription
On Wednesday we started off our working day with a little tour of the Avenue at Spinningfeilds, Manchester’s latest luxury shopping, and city cuisine development.