On the finish of 2025, LK Bennett was reported as being “on the point of collapse” after it filed an software with the Excessive Courtroom on 30 December to nominate directors.
Sky Information has since reported that Subsequent might supply a cur-price bid for the model and different mental property belongings.
It added that trade sources recommended it was unlikely the retailer would search to amass its property of stores.
Subsequent isn’t any stranger to buying struggling companies: in July final 12 months it acquired the model and mental property of collapsed maternitywear model Seraphine for £600,000, and in October 2023 it purchased British way of life retailer FatFace from its lenders for £115.2m.
In December 2025, it was additionally introduced Subsequent was planning to amass or put money into Russell & Bromley, following latest information that the British footwear retailer had drafted in advisers.
In December 2025, LK Bennett was stated to be in search of a brand new purchaser amid fears of collapse, and advisers at Alvarez & Marsal (A&M) had been engaged to work on an “accelerated sale course of”.
Subsequent declined to remark.
