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L.K. Bennett liquidation: unsecured creditors to lose 34 million pounds

Unsecured creditors of the London-based fashion brand L.K. Bennett are set to lose over 34 million pounds (45.91 million dollars), according to recent filings from Companies House. The news coincides with the brand closing its remaining standalone boutiques earlier than anticipated following what the retailer described as “exceptional demand”...

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Business

UK high street administration wave: The 5 retailers facing early 2026 setback

The UK high street has faced an early setback in the new year, with five major retailers already entering administration. Each company cited their respective collapses to rising business costs and cautious consumer spending. It comes despite more positive projections for the year ahead by industry analysts. According to a report by Knight Frank,...

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