Creditors of the beleaguered high street lingerie chain La Senza have missed out on around £2m after 15 lorry loads of underwear were awarded to La Senza’s freight company rather than to administrator KPMG.
According to reports, La Senza administrator KPMG lost a court battle about who had the rights to sell on a lingerie cargo which was already being shipped from Asia when the lingerie chain fell into earlier this year.
Part of the shipment is still en route to the UK but the majority of it is now at Essex’s Tilbury Docks and La Senza’s freight forwarding company Uniserve has won the rights to keep it.
La Senza was sold to the UK division of Middle Eastern trading house Alshaya on January 9 following a pre-pack administration.
Alshaya will run the stores under licence from Limited Brands which owns the La Senza brand worldwide.
According to reports, some of La Senza’s suppliers are owed nearly £800,000 following the administration.