For almost thirty years, Bench has occupied a central and iconic position on the high-street for fashion, streetwear and lifestyle products, and in 2011, the Company generated circa £150 million in revenue. The Company cites both recent difficulties in the UK retail market and a major logistics issue in 2016 as factors contributing to its current scenario.
Despite the Company’s current challenges, confidence exists that the Bench brand has continued potential for growth and could have a bright future with the right strategy. Bench is a robust international brand, with a proven track record in retail sales, wholesale, e-commerce and through international licensing agreements in Europe and North America.
Metis Partners has been appointed by the Joint Administrators, Martha Thompson, Antony Nygate and Kerry Bailey of BDO LLP, to support the marketing and sale of Bench’s extensive IP portfolio. All offers and requests for information should be submitted directly to Morven Fraser of Metis Partners by noon on Tuesday, May 15 2018.