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L.K.Bennett Preps for Second Bankruptcy in 2 Years

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

L.K.Bennett is preparing a voluntarily bankruptcy filing, in what could be the latest name in fashion to crumble under the pressures of Covid-19 as new U.K. lockdown measures through at least Dec. 2 threaten sales yet again. This would mark the second bout of insolvency in 24 months for the 30-year-old British label, which collapsed…

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