British fashion chain LK Bennett to file for administration
Premium womenswear, leather footwear and accessories retailer, LK Bennett is preparing to appoint administrators as the Company struggles to reverse an operating loss of nearly £6 million (US$7.95 million) on sales of £77.4 million (US$102.58 million) in the year to 29 July 2017, with pre-tax losses rising to £48 million (US$63.59 million) in the period.
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