Deathwatch: Knickers! La Senza is the boob on the high street
Lingerie pedlars La Senza are all set to become the latest casualty on the High Street.
It has been reported that more than 2,600 jobs and 158 stores are at risk after... well... they didn't make enough money basically. It seems, when Britain is in recession, it reverts to its big, comfortable granny pants.
Things are so bad that the company could go into administration.
Accountant KPMG has been drafted in to sort this mess out. That said, if administration is avoided, a number of stores are likely to be closed all the same.
Make your own 'going undies' jokes.
La Senza are the latest to fall foul of the economic gloom, following on from the collapse of Barratts, Peacocks closing hundreds of stores, Blacks desperate to sell themselves to anyone who'll have them and Carpetright having a sorry time of it with a loss of £800,000 in the half of the year.
Things have definitely gone very thong at La Senza and if they don't sort this out, it could be nightie-night and *kills self before any more puns can be made*