All LK Bennett articles
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AnalysisAnalysis: Could recycling go mainstream in high street fashion?
Clothing retailers are grappling with the realities of operating more sustainably – could recycling reduce fashion’s huge environmental footprint and what needs to happen for that to be possible?
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Retail Navigator AnalysisLK Bennett (Overview)
The upmarket LK Bennett women’s fashion brand has faced multiple challenges over the past few years, including a spell in administration for the core UK business in early 2019 and a Company Voluntary Arrangement (CVA) towards the end of 2020. Reshaped as a significantly smaller business, it is now recovering strongly.
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Retail Navigator AnalysisLK Bennett (Financials)
Reshaped as a significantly smaller business following its recently completed CVA, LK Bennett continued its recovery in the year to 28 January 2023 (FY2022). Total sales rose 26.9% to £48.4m as 33.1% growth across the core retail operation was offset by an 8.5% dip in revenues from the smaller wholesale division. Having returned to the black the year before, LK Bennett strengthened the bottom line significantly this time round. Pre-tax profit increased nearly tenfold from £0.3m to £2.3m, raising the margin from 0.7% to 4.7%.
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Retail Navigator AnalysisLK Bennett (SWOT)
The recent closure of small and/or unprofitable stores means the UK store network is now in a better shape for fuller multichannel development in a post-pandemic environment and its financial performance has continued to improve over the past two years.
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Retail Navigator AnalysisLK Bennett (People)
Chinese franchise owner Rebecca Feng acquired the business from founder Linda Bennett in April 2019. Darren Topp was reappointed as CEO shortly after the acquisition.
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NewsDarren Topp returns to LK Bennett as chief executive
Former LK Bennett boss Darren Topp has been reappointed to the top job, following its acquisition by a Chinese partner.
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NewsLK Bennett sold to Chinese partner
LK Bennett has been purchased by Rebecca Feng, who runs the fashion retailer’s Chinese franchise business, after going into administration in early March.
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NewsChinese firm closes in on LK Bennett acquisition
A Chinese firm which supplies LK Bennett is closing in on a deal to buy the beleaguered fashion retailer from administrators.
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NewsChinese firm mulls LK Bennett swoop
A Chinese firm which supplies LK Bennett has joined the race to buy the fashion retailer from administrators.
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NewsDune makes rescue bid for LK Bennett
Footwear chain Dune has launched a bid to rescue LK Bennett from administration.
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NewsLK Bennett slumps into administration, 500 jobs at risk
LK Bennett has collapsed into administration putting around 500 jobs at risk.
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NewsLK Bennett to appoint administrators with 500 jobs at risk
LK Bennett has filed notice to appoint administrators, putting 500 jobs at the premium fashion retailer at risk.
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NewsLK Bennett drafts in new boss as Darren Topp exits
LK Bennett has appointed East’s chief executive Erika Vilkauls to succeed Darren Topp, who will step down from the helm of the fashion retailer next month.
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NewsLK Bennett losses grew prior to Topp’s turnaround plan
LK Bennett’s operating losses grew to £4.5m in the year to July 30, 2016, from £1.1m the previous year, before former BHS boss Darren Topp joined as chief executive.
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AnalysisBHS one year on: Where are the key players now?
A large cast of characters featured in the bleak plot of BHS’s high-street demise. One year on, what’s happened to them all?
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OpinionOpinion: Asos shows the way towards retail reinvention
John Lewis managing director Paula Nickolds shared her first thoughts on leading the business last week and was frank about the testing times she faces.
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NewsEx-BHS execs Topp and Hitchcock head to LK Bennett
Former BHS chief executive Darren Topp and chief financial officer Michael Hitchcock have been hired by upmarket fashion retailer LK Bennett.
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NewsLK Bennett to expand abroad as it reports rise in profits
LK Bennett recorded a rise in turnover and profits as it expands internationally and continues to assess underperforming UK stores.
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NewsLK Bennett appoints ex-Gant international boss as group commercial director
Luxury fasion retailer LK Bennett has appointed Tracy Stone, former global sales director of Gant, as its group commercial director.
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NewsLK Bennett appoints Jo Hooper as group product director
Premium fashion retailer LK Bennett has appointed former John Lewis womenswear buying director Jo Hooper to the new role of group product director.