LK Bennett could enter administration after a high court filing

LK Bennett, a high-street label favoured by the Princess of Wales, has applied to the high court to appoint an administrator. Its shops and website are open for now.

LK Bennett has filed an application at the high court to request an administrator. The business is known for dresses and was often worn by the Princess of Wales. For now, its shops and website continue to operate as usual. The filing follows a period of falling sales and earlier restructuring in 2019. What was announced: - LK Bennett filed to appoint an administrator at the high court on Tuesday. - Stores and the online shop are currently open and trading as normal. - The brand was rescued from administration in 2019 and is now owned by Byland UK. Summary: The filing means the company is at risk of entering administration again, which could affect staff and operations. Undetermined at this time.