Deathwatch: 88 La Senza stores closing down

31 December 2011

retail deathwatch Following on from the company going into administration a few days ago, it has been revealed that 88 branches of La Senza are due to close, with the full list of locations posted on the store finder section of their website.

The company has 146 stores and 18 concessions across the UK, so a cut of 88 represents a major scale-back of the company. It has been suggested that the US-based parent company of the same name will cherry-pick profitable stores from the administrator – if this is the case, then the fact that over half of La Senza stores were loss-making means that the end of the line was inevitable.

Meanwhile, administrators in control of Barratts have announced 1,610 job losses throughout the company’s concessions within other stores, after concluding that the concessions will not be saleable. They are continuing to find a buyer for the other 173 standalone stores.

If you’re keen to trade in the potential misery of others, bookies Stan James are currently accepting bets on various ailing companies and their chances of plunging into administration in 2012. Odds are available on HMV, Thomas Cook, Clinton Cards, JJB, Comet and Argos going tits up over the next twelve months in the ‘financial specials’ section of their website.

TOPICS:   High Street News

8 comments

  • Zleet
    Theo Paphitis must be laughing his bollocks off.
  • Sicknote
    Phew! - Southampton store not closing so the local slags will still be able to three bras for a tenner....
  • worker
    theo takes no comfort actually
  • Dobbin!
    Local slags? I thought a bra was a necessary piece of woman's underwear? So all these years I've been wearing one, really I'm just a local slag??
  • Chewbacca
    @Dobbin! Yup....
  • tin
    Is it not a bit concerning that the site has no mention that they're in administration?
  • people p.
    Omg u stupid twat a bra is pretty essential and its an underwear shop not a sex shop u low life scumbag!!!
  • home e.
    I am now not positive where you are getting your information, but good topic. I must spend a while learning much more or working out more. Thank you for wonderful information I used to be in search of this information for my mission.

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