LK Bennett news and archive

LK Bennett reports operating loss of 5.9 mn pounds in FY17

British luxury brand L.K.Bennett Ltd, for its full year to July 30, 2017 reported a slight decline in sales from 78.8 million pounds (105 million dollars) in 2016 to 77.4 million pounds (103 million dollars) in 2017, with like for like sales increasing by 3.7 percent. The company said, while store like-for-like sales declined slightly, online...

Report

Erica Vilkauls to replace Darren Topp as LK Bennett CEO

Women’s fashion label LK Bennett, which had hired Darren Topp, the former head of collapsed retailer BHS, as its chief executive in 2016, has been asked to leave the company, reports This Is Money. Erica Vilkauls, who served as chief executive of womenswear chain East for three months earlier this year, would take over the position to be vacated...

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LK Bennett founder buys label back

London - Linda Bennett, the found of premium womenswear retailer LK Bennett, has bought the business back from its private equity partners. Bennett acquired the remaining equity in LK Bennett from Phoenix Equity Partners for an undisclosed sum earlier this week, in a move that sees the fashion retailer come full circle. Bennett first founded LK...

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LK Bennett reports annual loss of 4.5 mn pounds

In its accounts filed with the Companies House, LK Bennett has reported a loss of 4.5 million pounds (5.7 million dollars), while sales dropped 1 percent to 92.3 million pounds (117 million dollars), reports The Industry. The report adds that this annual report covers the year to July 30, 2016, about two months before the Darren Topp and Michael...

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Linda Bennett reported to come back to LK Bennett

The LK Bennett’s founder Linda, is reportedly coming back to the business she founded in 1990 and sold in 2008. According to ‘The Telegraph’, Bennett has been brought in as a consultant at the firm by its new CEO Darren Topp. She is believed to be planning to help return the upscale shoes and accessories brand to her original vision of “a little...

RetailFeatured

LK Bennett opens debut store in Moscow, Russia

London - British fashion retailer LK Bennett is set to officially open its debut store in Moscow, Russia later this week as part of its wider international expansion plans. Located on the 1st floor of the Metropolis Mall in Moscow, the debut store opening sees the premium British womenswear retailer joining the likes of Karen Millen, DKNY and...

Report

Ex-BHS boss Darren Topp roped in to lead LK Bennett

LK Bennett has brought on board, Darren Topp, as its new Chief Executive. The former head of collapsed retailer BHS will also be joined by Michael Hitchcock, ex-BHS financial consultant, who will shoulder the responsibility as LK Bennett’s new Chief Financial Officer. Topp steps into the role help by Robert Bensoussan on an interim basis. The...

Fashion

L.K Bennett and Bionda Castana to collaborate

British footwear brand L.K Bennett is collaborating with luxury footwear label Bionda Castana on a limited-edition spring/summer shoe collection, which will launch globally on February 10, 2016. The capsule collection features 20 designs made up of six different styles, a selection of flats, sandals, and block heels that the retailer says will “...

Fashion

LK Bennett eyes China

British high street footwear retailer LK Bennett is to open its first store in China this year. The chain, best known for its nude platform pumps worn by the Duchess of Cambridge, is "looking very closely” at opportunities in China and the first deal could be signed as soon as this summer, a spokesman told The Mail on Sunday. As well as China,...

Apparel

LK Bennett names new chief executive

Luxury fashion retailer LK Bennett has announced the appointment of Didier Drouet, former chief executive of Emilio Pucci, as its new CEO as it refocuses on global expansion. Drouet, who will take over with immediate effect, replaces Robert Bensoussan, who has been overseeing the role on an interim basis since the departure of Margaret McDonald...

Apparel

LK Bennett secures funding for expansion

Clothing and footwear retailer LK Bennett has secured £16 million funding to help drive its international expansion. The company, which operates 156 shops across the world will use the five-year credit facility to accelerate its store expansion programme in the US and the Middle East. It will also open new stores in European countries such as...