- Don-Alvin Adegeest
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LK Bennett has yet to find a buyer after it collapsed into administration
early March.
The retailer’s Chinese franchise parter, Byland UK, has reportedly made an
offer, which previously saw footwear giant Dune make a bid for the British
fashion business.
Sky News reported Byland UK had approached former LK Bennett chief
executive Darren Topp and former finance director Andrew Ellis to assist
with the offer. Ernst and Young, the appointed administrators, aimed to
reach a deal before receiving a last-minute offer from Byland UK.
It is thought Byland made a higher offer than Dune. Currently 500 jobs are
at stake as LK Bennett searches for a buyer.
Photo credit: LK Bennett website
