Alshaya news and archive

La Senza falls back into administration

Lingerie retailer La Senza has entered into administration for the second time in two years, placing more than 750 jobs at risk, after facing “very difficult trading conditions”. Alshaya, the Middle-Eastern retail investor, which acquired struggling La Senza through a pre-pack administration deal in 2012, have called in Pricewaterhouse Coopers...

Fashion

Alshaya rescues lingerie chain La Senza

Middle Eastern retail group, Alshaya has this week announced that it has reached an agreement to take control of the ongoing La Senza business in the UK, saving 60 of La Senza’s 146 UK stores. Under the agreement with KPMG, the administrators to La Senza UK, Alshaya UK Limited, which is part of the Alshaya group of companies, has acquired the...