Gordon Brothers news and archive

LK Bennett stores at risk of closure following acquisition out of administration by Gordon Brothers

The long-term outlook for LK Bennett’s store portfolio remains uncertain, following the premium womenswear acquisition out of administration by US investment firm Gordon Brothers on Wednesday, January 28. The new owners, who own Laura Ashley and Poundland, acquired the LK Bennett brand and its intellectual property (IP) assets just a day after...

FeaturedMember

Business

Gordon Brothers acquires LK Bennett, plans asset-light model

Global asset management firm Gordon Brothers has acquired the British heritage brand LK Bennett and its related intellectual property assets from the joint administrators of LK Bennett Fashion Limited. The deal, announced on January 28, 2026, follows the second collapse of the brand since 2019 amid a “challenging business and retail environment”...

FeaturedMember

Business

Poundland skirts administration as restructuring plan gets court approval

Poundland has received court-backing for its restructuring plan, allowing it to bypass administration. A representative told the High Court earlier today that the budget retailer would run out of money by September 7, 2025, if the plan was not approved. Speaking to the court for Poundland Limited, Tom Smith KC said the retailer’s financial...

Member

Business

Poundland to bring clothing range back in-house

Poundland has said that its "successful clothing business” is to return in-house by early 2026, following the budget retailer’s acquisition by Gordon Brothers last month. Poundland had previously tasked an in-house team with developing a clothing range prior to shifting its sourcing under former owner Pepco Group. A spokesperson for the company...

FeaturedMember

Business

Poundland to close 68 stores as part of restructuring under new owner

Days after its takeover by Gordon Brothers, Poundland has confirmed the closure of 68 stores as part of a court-sanctioned restructuring. The company is expected to maintain between 650 and 700 stores across the UK, down from its approximately 800 existing locations. Poundland has further stated that its frozen and digital distribution centre in...

FeaturedMember

Business

Gordon Brothers snaps up Poundland, to inject 80 million pounds into turnaround

Restructuring and investment firm Gordon Brothers has emerged as the buyer of Poundland. As a result, the British budget retailer will receive an 80 million pound financing boost to back a ‘Proposed Restructuring’, agreed on by all three parties, including former owner Pepco Group. Details on this plan are expected to be shared by Poundland in “...

Fashion |In Pictures

Laura Ashley relaunches fashion

Home and lifestyle brand Laura Ashley is returning to fashion this month with a 47-piece spring/summer collection inspired by the brand’s archive. The relaunch is a partnership between Laura Ashley and fashion retailer Next and was facilitated by IMG, Laura Ashley’s licensing representative for fashion in the UK, Europe, Australia, New Zealand...

Featured

Fashion |In Pictures

Laura Ashley launches menswear collaboration with Rag & Bone

British brand Laura Ashley, known for its romantic florals, has unveiled an exclusive capsule menswear collection with American fashion label Rag & Bone for autumn/winter 2023 to engage new audiences. The 10-piece menswear capsule combines the classic British tailoring and American workwear aesthetic of Rag & Bone with the nostalgic opulence of...

Member

Business

Gordon Brothers announces sale of Orsay brand

Following a complete brand turnaround, Gordon Brothers has announced the sale of womenswear brand Orsay. The omnichannel label, as well as its archives, related trademarks and other intellectual property, has been sold to a private investor from the Czech Republic operating under Orsay International. The advisory and investment firm, which also...

Member

Business

Gordon Brothers loans 25 million dollars to Everlane to support growth

Global advisory firm Gordon Brothers has announced that it has provided American clothing retailer Everlane with a 25 million dollar term loan secured by the brand and its working capital assets. In a release, the company said the brand would use the loan to support “over a decade of continued growth”. Speaking on the agreement, Tobias Nanda,...

Member

Business

Gordon Brothers acquire German fashion brand Orsay

US global advisory, restructuring and investment firm Gordon Brothers have acquired the German Orsay brand, archives, related trademarks and other intellectual property from Orsay GmbH for an undisclosed amount. In a statement, Gordon Brothers said that the acquisition will allow the German omni-channel women’s fashion brand to maintain its...

Member

Business

Gordon Brothers receives 300 million dollars in financing

Gordon Brothers, an advisory and restructuring firm, has announced it has received 300 million dollars in financing, increasing its capital base to over one billion dollars. Funded by Canada Pension Plan Investment Board (CPP Investments), the investment will go towards the continued growth of the company’s capital offerings, which it said...