A major high-street fashion retailer is set to close all its stores for good in the coming days after entering administration earlier this year.
LK Bennett, founded back in the 90s, entered administration in January, with John Noon and Mark Firmin of Alvarez & Marsal Europe LLP appointed joint administrators.
Immediately following their appointment, the LK Bennett brand and related intellectual property were sold to US firm Gordon Brothers, which also owns Laura Ashley and Poundland.
However, LK Bennett’s nine stand-alone and 13 concession stores were not included in the deal, leaving them at risk of closing.
Its website explains: “The LK Bennett stores were not included in the transaction and continue to trade under the Administration.”
All LK Bennett stores set to close
LK Bennett has now revealed that all its remaining stores will close for good in four days.
In an Instagram post on Tuesday (April 21), the fashion retailer said: “Only 6 days remain before our stores close.
“Visit us exclusively in-store to enjoy up to 80% off across all collections. Once it’s gone, it’s gone — don’t miss your final chance to shop.”
There is also a countdown on the LK Bennett website, informing shoppers of how long they have before their local store shuts for good.
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A post shared by LK Bennett (@lkbennettlondon)
A post shared by LK Bennett (@lkbennettlondon)
Full list of LK Bennett stores set to close
The full list of LK Bennett stores set to close on Sunday is:
Stand-alone stores
Concession stores
LK Bennett shuts down its website
The closure of all LK Bennett stores comes after the retailer shut down its website last week.
Online sales via the LK Bennett website continued following the administration announcement earlier this year, until last week.
The website has now been shut down with a message reading: “Website and phone order now closed- Shop in store for a limited time.”
Online orders already placed by customers will still be processed as normal, according to the website.
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Customers can still access the website (at the time of writing), but only for information on topics like returns, size guides, and store locations.
There is now a big banner on the home page advertising the closing-down sale, which reads: “Final Days! Everything must go,” with up to 90%.
Is there an LK Bennet store closing near you? Let us know in the comments below.
