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LK Bennett gets green light for CVA

LK Bennett has been given the green light by creditors to move ahead with its company voluntary arrangement (CVA) that will see five of its stores permanently close and the rest move to turnover-based rents. The British womenswear retailer employs 400 staff and has 18 standalone stores. The retailer said last month that the CVA would result in a...

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FeaturedMember
Business

LK Bennett prepares to launch CVA

British womenswear retailer LK Bennett is reportedly gearing up to launch a company voluntary arrangement (CVA) proposal which will see five of its stores permanently close and the rest move to turnover-based rents. The company employs 400 staff and has 18 standalone stores, all of which are currently closed under the UK’s new lockdown...

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People

Erica Vilkauls to replace Darren Topp as LK Bennett CEO

Women’s fashion label LK Bennett, which had hired Darren Topp, the former head of collapsed retailer BHS, as its chief executive in 2016, has been asked to leave the company, reports This Is Money. Erica Vilkauls, who served as chief executive of womenswear chain East for three months earlier this year, would take over the position to be vacated...

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