The fashion chain will shut down its entire retail presence within days after falling into administration earlier this year.
LK Bennett, established during the 1990s, entered administration in January, with John Noon and Mark Firmin from Alvarez & Marsal Europe LLP appointed as joint administrators.
Shortly after their appointment, the LK Bennett brand and associated intellectual property were acquired by American company Gordon Brothers, which also holds ownership of Laura Ashley and Poundland.
However, the sale excluded LK Bennett’s nine independent shops and 13 concession outlets, placing them in jeopardy of closure.
The company website states that the physical stores were not part of the transaction and remain operational under the administration process.
All LK Bennett locations will now shut their doors for the final time in four days.
In a social media announcement on Tuesday, the retailer indicated that only a few days remained before the stores closed permanently. The post encouraged shoppers to visit in person to take advantage of discounts reaching 80 percent across all ranges, warning that once stock was depleted, there would be no further opportunity to purchase.
The company’s website also features a countdown timer informing customers precisely when their local branch will cease trading for good.
The closure of all LK Bennett stores follows the retailer’s decision to suspend online operations the previous week. Internet sales had continued after the administration announcement earlier this year, but the website was finally taken offline last week with a message advising that online and telephone ordering had ended and that customers should visit stores while they remained open.
Customers who had already placed orders through the website will still receive their purchases as expected. The site remains accessible for information regarding returns, sizing, and store locations.
A prominent message now appears on the homepage advertising the closing-down sale, declaring that all remaining stock must go, with reductions reaching up to 90 percent.
