LK Bennett stock vanishes as all stores close amid administration

The clothing brand, which rose to prominence in the 1990s, fell into administration in January, with insolvency specialists brought in to oversee the process.

Soon afterwards, its name and other intellectual property were snapped up by US restructuring firm Gordon Brothers, the company behind the revivals of Laura Ashley and Poundland.

But that rescue package did not extend to LK Bennett’s physical retail estate, meaning its nine standalone boutiques and 13 concessions will all close in days, as per an announcement from the brand this week.

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LK Bennett stock previously at Oxford Westgate’s John Lewis store. (Image: Newsquest)

In an Instagram post on Tuesday (April 21), the fashion retailer said: “Only 6 days remain before our stores close.

“Visit us exclusively in-store to enjoy up to 80 per cent off across all collections. Once it’s gone, it’s gone — don’t miss your final chance to shop.”

There is also a countdown on the LK Bennett website, informing shoppers of how long they have before their local store shuts for good.

LK Bennett has operated a concession from within the John Lewis at the Oxford Westgate shopping centre in the city alongside other fashion retailers.

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Back in February, stock had been reduced in the brand’s section within the store, with just a couple of tables of women’s shoes remaining in-store.

Prices online at John Lewis on the brand’s stock were also slashed, with LK Bennett heading into administration.

Now, this week, the fashion retailer’s products have been completely removed from the shelves of John Lewis.

The website, which has now been “closed”, is advertising closing down sale prices of at least 90 per cent discount as of Friday (April 24).