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LK Bennett to Close All Remaining Stores and Concessions Within Days

Excluding shops from the brand’s sale to a Gordon Brothers affiliate forced a fast shutdown.

Overview

  • LK Bennett, which told shoppers on Wednesday that four days remained, is shutting nine standalone shops and 13 concessions after stopping online orders.
  • Administrators appointed in January sold the brand and intellectual property to LKB IP Holdings LLC, a Gordon Brothers affiliate, while the physical estate was left out.
  • Stores are running closing‑down sales that advertise up to 90% off shoes and at least 80% off other items, according to the retailer’s Instagram posts.
  • The website now displays a notice that web and phone ordering are closed, and it says existing online orders will still be fulfilled.
  • The closures put store teams at risk in a broader retail pattern where investors keep brand rights but cut costly storefronts facing higher bills and weaker footfall.