LK Bennett has announced its website will shut down in days and has launched a massive sale with 80 per cent off all items and 90 per cent off some selected products
A major UK fashion retailer loved by Princess Kate is closing its website in a matter of days and launching a major sale.
LK Bennett started to close stores earlier this year after falling into administration. The firm, established by Linda Bennett in London in 1990, went into administration in January, with John Noon and Mark Firmin of Alvarez & Marsal Europe LLP appointed as joint administrators later that month.
LK Bennett has now announced the impending closure of its website and said it will slash all products by 80 per cent. The retailer also declared an online exclusive sale with discounts of up to 90 per cent on its premium dresses, shoes and accessories.
The company stated: “It’s your final few days to shop the LKB website before it closes. Our biggest offer ever has arrived-enjoy at least 80 per cent off everything, with up to 90 per cent off online.”
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Since administration, the brand has been purchased by US company Gordon Brothers, but nine standalone stores and 13 concession stores across the UK were not part of the deal. Last month it launched sales offering up to 75 per cent off, reports the Express.
The firm said: “The LK Bennett stores were not included in the transaction and continue to trade under the Administration. Online sales via the LK Bennett website continue for the foreseeable future.”
On the sales, a spokesperson commented: “There are some truly exceptional offers available across all categories. Everything has been reduced, including new season pieces.
“We anticipate strong demand and expect key styles to sell through quickly; we would like to thank our loyal customers for their support over the years and invite them to shop early to avoid disappointment.”
LK Bennett is renowned as a high-end women’s clothing brand, specialising in dresses, knitwear, luxury footwear such as boots, and handbags. Kate Middleton is a fan of the brand, often opting for its pieces for royal engagements.
Last month, a statement on the website read: “The Company’s affairs, business and property are being managed by the Joint Administrators, who act as agents of the Company and without personal liability.
“The Joint Administrators, the Joint Administrators’ firm and any of the Joint Administrators’ partners, employees, agents or advisers will not bear any liability, whether personal or otherwise under or in connection with the terms and conditions nor any other policy.”
