Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

LK Bennett lines up administrator

LK Bennett has filed a notice of intention to appoint administrators.

EY has been lined up as administrator for the womenswear business if no new investment can be found. 

Drapers understands the company has cited rising business rates and rents as the reason for the possible administration.

It was in talks with an investor, but nothing has come of it so far, Drapers understands. 

It comes just weeks after the retailer drafted in restructuring firm Alix Partners to consider options for the business. 

Linda Bennett appointed AlixPartners to undergo a strategic review of the fashion retailer she founded in 1990, with the possibility of lining up a sale later this year.

EY and LK Bennett declined to comment. 

 

 

 

 

 

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.