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La Senza clears stocks, fueling rumours of imminent administration Tuesday, 3rd January 2012
La Senza, which is understood to be days away from administration, is offering discounts of up to 70 per cent online as it closes stores and looks to clear stock.
On its website, La Senza, which is owned by Lion Capital, says “everything must go” and that “many stores are closing.”
In all 81 stores are listed as earmarked for closure out of a total estate of 146 stores.
The retailer is one of a growing number of Christmas casualties following a cut throat festive season on the high street.