L.K. Bennett's Bankruptcy News Shows the Danger of a Powerful Celebrity Endorsement

Kate Middleton's one-time go-to shoe

Less than two months after Kate Middleton and Prince William tied the knot in Westminster Abbey with 2 billion people watching, the couple stepped out for a day at the Epsom Derby. Wearing a white dress, jacket and fascinator, the new Duchess of Cambridge’s outfit drew attention—but mainly because of the pair of nude patent leather L.K. Bennett Sledge pumps on her feet.