LK Bennett, the high street fashion chain favoured by Kate Middleton, has confirmed that its remaining stores will close imminently after collapsing into administration. The retailer, which was bought by investment firm Gordon Brothers in January, had nine standalone shops and 13 concessions at the time of acquisition, but the deal did not include its physical stores. Its website is no longer taking orders.
In an Instagram post, LK Bennett announced: “Only 4 days to go until we close our doors. It’s your final weekend to shop 90% off all shoes and boots, with at least 80% off everything else.” The brand, founded in 1990 by Linda Bennett, once had 200 outlets across the UK. It first entered administration in 2019 but was rescued by Chinese franchise partner Byland UK.
Separately, luxury shoe chain Russell & Bromley has closed ten stores since being bought out of administration by Next earlier this year. Next paid £2.5 million for the brand and intellectual property, and £1.3 million for a portion of stock, but the deal only included three of its 36 stores. Russell & Bromley, founded in 1880, employs more than 450 people.
