LA SENZA UK: expert guidance sought on restructuring options
ACCORDING to several local media, difficult trading conditions have obliged lingerie chain La Senza UK to appoint auditors KPMG to advise on restructuring options. Such options could include administration or a company voluntary agreement to close some of its 158 stores in the UK.
La Senza UK
Even if administration can be avoided, the chain is likely to shrink appreciably as under-performing stores are shuttered.