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LK Bennett seeks buyer as owner launches accelerated sale process

British fashion brand LK Bennett is urgently seeking a buyer, raising renewed concerns about its future just six years after its previous insolvency. According to Sky News, the company’s owner has appointed restructuring advisers Alvarez & Marsal (A&M) to run an accelerated sale process, with potential buyers and investors contacted in recent...

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Business

LK Bennett sales boosted by eventwear, turnover up 30 percent

British label LK Bennett has reported a 30 percent increase in its turnover for the financial period February 2022 to January 2023, coming in at 49 million pounds. The label said its positive results were largely attributed to the rise in demand for eventwear, triggered by the return of weddings, the Royal Ascot and other occasions. According to...

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