FASHION RETAIL NEWS UKGordon Brothers acquires LK Bennett brand out of administrationGordon Brothers has announced that it has acquired the LK Bennett fashion brand out of administration. LK Bennett filed a notice of intention to appoint administrators earlier this month. It will also work to transition LK Bennett to the asset-light model, building on the approach it used in the revitalisation and expansion of the Laura Ashley brand. Tobias Nanda, head of brands at Gordon Brothers, said: “LK Bennett is a beloved heritage brand with a reputation for impeccable craftsmanship and quality, and a distinctly British spirit. “We believe the LK Bennett brand is capable of reinvigoration under a new asset-light model.”