×
3 424
Fashion Jobs
EVERLAST GYMS
General Assistant - Everlast Fitness
Permanent · NORTH LYNN INDUSTRIAL ESTATE
SHISEIDO
Shiseido Account Manager - h Beauty Milton Keynes (37.5 Hours)
Permanent · Milton Keynes
FRASERS GROUP
Warehouse Supervisor - Night Shift
Permanent · SHIREBROOK
HUGO BOSS UK LTD.
Womenswear Sales Manager
Permanent ·
HUGO BOSS UK LTD.
Finance Manager (Maternity Contract)
Permanent ·
COACH
Brand & Media Manager
Permanent · London
REISS
Brand & Comms - Marketing Manager
Permanent · LONDON
HEAD OFFICE
Digital Product Manager – Identity And Account
Permanent · LONDON
HEAD OFFICE
Senior Marketing Planning Manager – John Lewis Financial Services
Permanent · LONDON
HEAD OFFICE
Buyer, Waitrose & Partners (Level 7)
Permanent · BRACKNELL
JOHN LEWIS
Loss Prevention Partner
Permanent · DARTFORD
HEAD OFFICE
Buyer, Waitrose & Partners (Level 5)
Permanent · BRACKNELL
SELFRIDGES
Product Manager
Permanent · LONDON
NEW LOOK
Sales Manager
Permanent · METROCENTRE
FRASERS GROUP
HR Business Partner
Permanent · SHIREBROOK
EVERLAST GYMS
General Assistant - Everlast Fitness (Maternity Cover)
Permanent · ROYTON
PHV
Marketing Executive, UK, Ireland & Nordics (Tommy Hilfiger)
Permanent · London
JIGSAW
Warehouse Operative
Permanent · SWINDON
TJX EUROPE
Loss Prevention Graduate Programme (2023)
Permanent · Grand Londres
ZARA
Visual Merchandising Manager (Kidswear) - Zara - Kingston
Permanent · KINGSTON UPON THAMES
SELFRIDGES
Loss Prevention Inventory Analyst
Permanent · LONDON
HUGO BOSS UK LTD.
Finance Analyst - Retail
Permanent ·
Ads
Published
Mar 27, 2019
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Dune is among LK Bennett bidders - report

Published
Mar 27, 2019

The bidders for failed footwear and fashion chain LK Bennett are believed to include shoe retailer Dune. Offers for the company have been lodged this week and a preferred buyer for the company is expected to be chosen within the next few days by the chain’s administrator, EY.


LK Bennett/Dune


Dune’s interest was reported by Sky News. It said the company, which operates its own chain of 50 shoe shops and a string of department store concessions, was a surprise bidder for the upscale firm.

Dune is best known for its own brand as well as for selling third-party labels such as Ted Baker and Skechers. It also owns the Head Over Heels brand. The privately-held 27-year-old company is controlled by the Rubin family with Daniel Rubin as its chairman. It made a pre-tax profit of only £4.7 million in the year to January 2018, the company citing higher costs and currency weakness for a profits fall of around a third compared to the previous year.

The price it has offered is unknown and it’s unclear who else has ambitions to buy the company. Acquisitive Sports Direct chief Mike Ashley was also reported to have made an indicative offer earlier this month.

LK Bennett’s recent fall from grace came as the UK fashion retail sector has faced its toughest conditions in decades. The 29-year-old company had been a high-flyer that was sold in 2008 by its founder Linda Bennett in a deal valuing it at around £100 million. It had 200 branded outlets (including its own stores and concessions) in the UK and abroad and was a favourite of fashion influencer the Duchess of Cambridge.

But several years of losses saw Linda Bennett returning as a consultant in 2017 and later buying back control for a fraction of the original sale price. However, she was unable to turn the company around and recently threw in the towel almost 18 months after buying back the company.

Copyright © 2023 FashionNetwork.com All rights reserved.