LK Bennett seeks buyer as owner launches accelerated sale process

British fashion brand LK Bennett is urgently seeking a buyer, raising renewed concerns about its future just six years after its previous insolvency. According to Sky News, the company’s owner has appointed restructuring advisers Alvarez & Marsal (A&M) to run an accelerated sale process, with potential buyers and investors contacted in recent days. Industry sources told Sky News that contingency plans, including a possible insolvency, are being prepared should a deal fail to materialise.