The women’s fashion and footwear chain LK Bennett has sought approval from the U.K. High Court to appoint an administrator. This move, announced on January 10, 2026, could mark the company’s second entry into administration in just six years, jeopardizing approximately 275 jobs and potentially closing nine stores across the United Kingdom.
Founded in 1990 by Linda Bennett in Wimbledon, the brand gained popularity for its stylish work shoes and classic pumps, later expanding to include boots, sandals, apparel, and bags. The company is particularly well-known for its association with high-profile individuals, including Kate Middleton, Princess of Wales, and former Prime Minister Theresa May.
The application for administration comes as LK Bennett has been working with consulting firm Alvarez & Marsal to locate a potential buyer. A decision from the court is expected in the coming days, and if granted, it would position LK Bennett as the first major retail casualty of 2026.
The fashion chain previously entered administration in 2019 after failing to secure an investor. At that time, the accounting firm EY was appointed as administrator. Following that setback, LK Bennett was acquired by Byland U.K., a company formed by Rebecca Feng, who had previously operated the brand’s franchises in China. Under her leadership, and with CEO Darren Topp at the helm, LK Bennett saw a revival, particularly in its footwear offerings.
Despite these efforts, the ongoing challenges facing U.K. retailers have proven formidable. The sector is grappling with high business rates and a consumer spending environment strained by persistent inflation. Helen Dickinson, CEO of the British Retail Consortium, noted in a statement on December 18, 2025, that consumer confidence remains “gloomy,” with expectations for retail spending declining for three consecutive months.
The brand’s original founder, Linda Bennett, retained a 30% stake in the company after selling it to private equity firms Phoenix Equity Partners and Sirius Equity in 2008 for a reported £80 million to £100 million. She later repurchased the company in 2017, only to see it struggle again as the retail landscape became increasingly challenging.
As LK Bennett navigates this potential crisis, the fashion brand’s future remains uncertain. The outcome of the court’s decision on the administration application will be closely watched, both for its impact on employees and the broader retail sector in the U.K.
