LK Bennett lines up administrators as it struggles to find backer

Almost 500 UK jobs at risk at fashion chain, which has 41 outlets in Britain and 52 overseasLK Bennett is preparing to appoint administrators after its owner struggled to find a new financial backer for the loss-making fashion chain, potentially putting almost 500 UK jobs at risk.Famous for its signature kitten heels, which start at £175 per pair, the company was founded by the entrepreneur Linda Bennett in 1990. Bennett regained full control of the business last year from private equity i