LK Bennett has deepened its clearance sale as it seeks to shift its stock.
The luxury womenswear specialist has extended its discounts across all products from its initial 40 per cent to “at least” 60 per cent, Drapers reported.
The retailer’s closing-down sale started in February, with discounts across all of its products of between 40 per cent and 50 per cent.
Posting on Instagram yesterday (19 March), LK Bennett said: “It’s just got even better.
“Everything is now at least 60 per cent off in our closing down sale, our biggest offer yet.”
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The discounts include dresses, trousers, skirts, shoes and accessories, according to its website, with the price reductions across both its online and in-store sales.
It comes after LK Bennett was bought out of administration in January by investment firm Gordon Brothers. The deal saved the brand and its intellectual property, but did not include its shops.
Following the acquisition, the US firm is focused on transitioning the retailer to an “asset-light model” with its nine standalone shops and 13 concessions anticipated to close by spring.
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