Strategy (6)
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Retail Navigator Analysis
LK Bennett (Strategy)
LK Bennett’s Chinese franchise owner Rebecca Feng acquired the business out of administration in April 2019 and turned to a CVA - successfully completed a year ahead of schedule at the end of 2022 - to reshape the store network for post-pandemic trading.
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Retail Navigator Analysis
Ecommerce at LK Bennett
LK Bennett has implemented a cross-border ecommerce platform from eShopWorld (ESW), enabling it to serve all of its international markets from its UK site.
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Retail Navigator Analysis
Technology strategy at LK Bennett
Improving core systems has been set as one of the key priorities in the turnaround strategy for the brand. Driving the performance of the online business is another big focus.
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Retail Navigator Analysis
Supply chain at LK Bennett
LK Bennett’s development over the years has necessitated a scalable infrastructure. This has resulted in a longstanding relationship with Core Management Logistics (CML), which provides ecommerce and wholesale distribution solutions for the retailer.
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Retail Navigator Analysis
Stores at LK Bennett
As of June 2023, the UK store network stood at 28 locations, comprising 15 standalone stores and 13 concessions, with the main hosts being Selfridges and Fenwick.
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Retail Navigator Analysis
Customer and marketing at LK Bennett
LK Bennett’s new owners are aiming to restore brand credibility through the launch of an updated logo showing the evolution of the brand to a sleek, newer level of sophistication.