Lakeland Leather

Lakeland Leather the clothing chain retailer became insolvent in 2014 after Administrators MWW declared the company bankrupt. The company went into administration after a drastic drop in sales at their peak time. It was bought out by a director of the company in a prepacked deal.

• Administrators: MWW
• Year Founded: 1960
• Total Number of Jobs Lost: 200
• Number of Retail Shops: 22
• Managing Director/CEO: Richard Standring

…2019: Lakeland Leathers’ fortunes changed somewhat as a result of the brand shifting its tactics; focusing on its specialism – leather (designing in-house and having a leather expert), and dialing down on the heavy discounting. It has also expanded into larger leather products which have a higher price, such as luggage-sized bags. Futhermore the brand has sought to differentiate itself by using British sheep skins.