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LK Bennett charm reaches out the UK

By FashionUnited

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Fashion

The British retailer, which recently reported a 17% rise in full-year profits to £54.6m, has been rapidly expanding its presence in the US, where it now has five stores and eight concessions. LK Bennett will see further international

openings into Middle Eastern and Asian markets in 2012.

L
K Bennett currently runs 107 shops in the UK and 40 in Europe and US. Majority owned by venture capital firms Sirius Equity and Phoenix Equity Partners, highlighted that a strong growth in its online sales and a steady expansion overseas had helped drive sales up 18 per cent to £44m for the year to 30 July.

Robert Bensoussan, LK Bennett’s chairman and co-founder of Sirius, said in late February, when presented the yearly report: “the strong British heritage of our brand travels well and the diversification of our product range across clothing, shoes, bags and accessories has ensured we are trading well in all our new markets.”

The British retailer has much to thank to the Duchess of Cambridge for its success in America, where the garments worn by Kate Middleton sold out in a matter of hours after she styled them.

As reported by City AM, Robert Bensoussan, LK Bennett’s chairman and co-founder of Sirius, said: “the strong British heritage of our brand travels well and the diversification of our product range across clothing, shoes, bags and accessories has ensured we are trading well in all our new markets.”



L.K Bennett
LK Bennett