Courthouse Welcomes La Senza's Arrival

Lingerie brand La Senza, governed by Lion Capital private equity, has sought bankruptcy protection.

, and Administrator

2025 September 11 . 1:26 PM

1 min read

Courthouse Welcomes La Senza's Arrival

British Lingerie Retailer La Senza Files for Bankruptcy

In a significant development, British lingerie group La Senza has filed for bankruptcy. The company, which operates a network of 146 stores in the UK, has attributed its financial struggles to a combination of factors.

One of the key contributors to La Senza's bankruptcy filing is the high cost of lease agreements in prime locations. These agreements, aimed at enhancing the brand's visibility, have reportedly weighed heavily on the company's finances.

Despite the filing, La Senza continues to operate. The company has hired KPMG to implement a restructuring plan and explore possibilities for the business's viability. This move suggests that La Senza has no immediate plans to close stores, at least for the time being.

It's worth noting that the macroeconomic environment also played a role in La Senza's financial woes. The challenging economic conditions have impacted numerous businesses across various sectors, and La Senza is no exception.

La Senza is controlled by private equity firm Lion Capital. Reports suggest that Limited Brands, which owns the La Senza business in the US, could potentially be a buyer for the group. However, as of now, there are no search results indicating any company has plans to acquire La Senza.

The future of La Senza remains uncertain, but the company's resilience in continuing to operate amidst bankruptcy filing offers a glimmer of hope. The restructuring plan, under the guidance of KPMG, could pave the way for a potential turnaround for the struggling retailer.