Kuwait's Alshaya rescues 60 La Senza UK stores | Reuters

Kuwaiti retailer Alshaya has bought 60 La Senza UK stores, rescuing about 1,100 jobs, from the administrators of the stricken lingerie chain.

Alshaya bought the shops and UK brand in a so-called pre-pack deal after KPMG was appointed administrator to the company on Monday.

Another 84 stores and 18 concessions had closed, the administrators said, resulting in about 1,300 job losses.

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