LK Bennett to shut 15 stores and cut 110 jobs after sale to Chinese partner
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy LK Bennett will close 15 stores resulting in around 110 job lost after being bought out of administration by its Chinese franchise partner. Rebecca Feng fought off competition from Sports Direct boss Mike Ashley to clinch the deal, which will save LK Bennett’s 21 remaining stores and all of its concessions. Ms Feng said: “The LK Bennett brand is synonymous with quality and we believe there is a real opportunity to expand its reach in overseas markets, where significant untapped potential exists.