Luxury Goods

LK Bennett profits hit £30m amid spike in eventwear sales

Meanwhile, its profit margin increased 420 bps to 61.9% in what the retailer described as its ‘strongest year in over a decade’, as EBITDA reached £4m

LK Bennett has reported a 40% rise in its gross profit for the year ended January 2023 to over £30m, thanks to an increase in eventwear sales, according to Drapers.

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