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High-end fashion retailer, LK Bennett has announced it has entered administration.
The retailer had lined up administrators EY to undertake the process earlier this week, and earlier today (7 March) LK Bennett’s website announced it was no longer accepting customer orders.
The company, founded by Linda Bennett, in 1990, has become well-known for being worn by members of the royal family. In a message to staff, Bennett said she had “fought as hard as [she] can”, to turn the business into the “success that [she] knows it deserves to be”.
She added: “These are difficult and unstable times, and we are doing everything we can to identify the best way forward.”
More to follow.
