Overview
- LK Bennett has petitioned the High Court to appoint an administrator, with stores and the website continuing to trade for now.
- A court decision is expected in the coming days, which could trigger formal administration in early 2026.
- About 275 to 280 jobs are at risk alongside nine U.K. standalone stores and 13 concessions in the U.K., Ireland and Jersey.
- Latest filed accounts show a £3.2–£3.5 million loss to January 2024 and nearly £22 million in borrowings, with Grant Thornton flagging material uncertainty over going concern and noting covenant breaches.
- Lenders have indicated facilities remain available until at least January 31, 2026 without formal covenant waivers, after an accelerated sale run by Alvarez & Marsal did not secure a buyer.