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” for its final stock.
A progress report issued by joint liquidator Craig Lewis of the UK firm Ernst & Young (EY) revealed that the adjudication of non-preferential unsecured claims reached a total of 35.32 million pounds. A first and final dividend was declared and paid on June 17, 2025, at a rate of 2.65 pence in the pound. This resulted in a total distribution of 0.94 million pounds to…