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FSP Retailer Profiles
           La Senza
FSP Retailer Profiles – La Senza
                                                               About La Senza is a specialist lingerie retailer offering foundation
                                                               underwear, loungewear, and sleepwear to target women aged 18 to 35. Its
                                                               Canadian parent, Suzie Shier, was founded in 1966, while La Senza UK was
                                                               separated in 1998.La Senza in the UK is now owned by Lion Capital (in the US,
                                                               the La Senza brand is controlled by Limited Brands), also owners of lingerie
                                                               chain Contessa. The Contessa name will disappear as the stores are re-branded.
                                                               La Senza operates a network of over 100 retail outlets, consisting primarily of
                                                               directly-owned stores and concessions in the United Kingdom and Ireland,
History                                                        although there are sub-franchises across Europe. La Senza is a Middle of the
                                                               market retailer with an Assured Safe fashion centre
• Since its first store opened in 1990, the
  company has grown to include more
  than 300 stores in Canada                                    Recent News
• A further 487 stores under the La                            •    21/02/2011 - Victoria's Secret 'in discussions to buy La                           La Senza Trading Countries
                                                                    Senza'                                                                             UK, Ireland, Croatia, Denmark, Estonia, Gibraltar,
  Senza brand operate in 45 other
                                                               •    12/11/2010 - La Senza keen to steal older women from M&S                           Greece, Iceland, Latvia, Lithuania, Norway, Slovenia,
  countries.                                                   •    29/10/2010 - From lingerie to maternity for La Senza’s                             Switzerland & Portugal
• In the United Kingdom and Ireland La                              Burgess
  Senza stores have been separately                            •    06/08/2010 - Overseas lingerie brands keep abreast of UK
  owned since July 2006 by Lion Capital,                            high street
  a private equity company                                     •    16/07/2010 - La Senza seeks new chairman as sales and
• In 2009 Theo Paphitis joined the La                               profits improve
                                                               •    16/07/2010 - La Senza hits expansion trail following return
  Senza Board
                                                                    to profit
• In June 2009 Theo Paphitis quit the
  board of La Senza                                            Year          BIS Guide
• In August 2009 it emerged that                             2003          Healthy
  Paphitis had entered talks with Lion to                    2004          Very strong
  buy a majority stake                                       2005          Fairly healthy
• Theo Paphitis later sold La Senza to                       2006          Fairly healthy
  the private-equity group for £100m                         2007          Head above water
• In 2011 rumours emerged that the                           2008          Fairly healthy
  company was in talks with Victoria's                       2009          Very worrying
  Secret relating to a buy out                               2010          Head above water


     ©FSP 2010. BIS © Department for Business Innovation and Skills.
2    The content of these reports has been derived from statistical, trade and published sources together with FSP estimates and interpretations. Some Data sourced from www.snap-shop.co.uk
FSP Retailer Profiles – La Senza


La Senza Group Sales                                                                                                          La Senza Group Financial Health
                                                   La Senza                                                                                                                   P2
                                                                                                                                    200
               140000
                                                                                                                                    180
               120000
                                                                                                                                    160
               100000
                                                                                                                                    140
    Millions




                 80000




                                                                                                                               P2
                 60000                                                                        Sales Exc Vat                         120
                                                                                                                                                                                                         P2
                 40000                                                                        UK Sales Exc Vat                      100
                 20000                                                                                                               80
                       0                                                                                                             60
                            2003 2004 2005 2006 2007 2008 2009 2010                                                                          2003 2004 2005 2006 2007 2008 2009 2010
                                                     Year                                                                                                    Year




               ©FSP 2010. BIS © Department for Business Innovation and Skills.
3              The content of these reports has been derived from statistical, trade and published sources together with FSP estimates and interpretations. Some Data sourced from www.snap-shop.co.uk
FSP • 19 Manor Courtyard
                                            • Hughenden Avenue
                                      High Wycombe • HP13 5RE • UK
                                           T +44 (0) 1494 474740
                                           F +44 (0) 1494 474262
                                           E fspretail@fspretail.co.uk
                                   W www.fspretail.co.uk & www.snap-shop.co.uk




Fripp Sandeman and Partners Limited, trading as FSP
G Nicholson (Managing Director) J H Fell J Hewson K Gunn
Registered Number 1284879
Registered Office 19 Manor Courtyard Hughenden Avenue High
Wycombe Buckinghamshire HP13 5RE

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Company profie la senza

  • 2. FSP Retailer Profiles – La Senza About La Senza is a specialist lingerie retailer offering foundation underwear, loungewear, and sleepwear to target women aged 18 to 35. Its Canadian parent, Suzie Shier, was founded in 1966, while La Senza UK was separated in 1998.La Senza in the UK is now owned by Lion Capital (in the US, the La Senza brand is controlled by Limited Brands), also owners of lingerie chain Contessa. The Contessa name will disappear as the stores are re-branded. La Senza operates a network of over 100 retail outlets, consisting primarily of directly-owned stores and concessions in the United Kingdom and Ireland, History although there are sub-franchises across Europe. La Senza is a Middle of the market retailer with an Assured Safe fashion centre • Since its first store opened in 1990, the company has grown to include more than 300 stores in Canada Recent News • A further 487 stores under the La • 21/02/2011 - Victoria's Secret 'in discussions to buy La La Senza Trading Countries Senza' UK, Ireland, Croatia, Denmark, Estonia, Gibraltar, Senza brand operate in 45 other • 12/11/2010 - La Senza keen to steal older women from M&S Greece, Iceland, Latvia, Lithuania, Norway, Slovenia, countries. • 29/10/2010 - From lingerie to maternity for La Senza’s Switzerland & Portugal • In the United Kingdom and Ireland La Burgess Senza stores have been separately • 06/08/2010 - Overseas lingerie brands keep abreast of UK owned since July 2006 by Lion Capital, high street a private equity company • 16/07/2010 - La Senza seeks new chairman as sales and • In 2009 Theo Paphitis joined the La profits improve • 16/07/2010 - La Senza hits expansion trail following return Senza Board to profit • In June 2009 Theo Paphitis quit the board of La Senza Year BIS Guide • In August 2009 it emerged that 2003 Healthy Paphitis had entered talks with Lion to 2004 Very strong buy a majority stake 2005 Fairly healthy • Theo Paphitis later sold La Senza to 2006 Fairly healthy the private-equity group for £100m 2007 Head above water • In 2011 rumours emerged that the 2008 Fairly healthy company was in talks with Victoria's 2009 Very worrying Secret relating to a buy out 2010 Head above water ©FSP 2010. BIS © Department for Business Innovation and Skills. 2 The content of these reports has been derived from statistical, trade and published sources together with FSP estimates and interpretations. Some Data sourced from www.snap-shop.co.uk
  • 3. FSP Retailer Profiles – La Senza La Senza Group Sales La Senza Group Financial Health La Senza P2 200 140000 180 120000 160 100000 140 Millions 80000 P2 60000 Sales Exc Vat 120 P2 40000 UK Sales Exc Vat 100 20000 80 0 60 2003 2004 2005 2006 2007 2008 2009 2010 2003 2004 2005 2006 2007 2008 2009 2010 Year Year ©FSP 2010. BIS © Department for Business Innovation and Skills. 3 The content of these reports has been derived from statistical, trade and published sources together with FSP estimates and interpretations. Some Data sourced from www.snap-shop.co.uk
  • 4. FSP • 19 Manor Courtyard • Hughenden Avenue High Wycombe • HP13 5RE • UK T +44 (0) 1494 474740 F +44 (0) 1494 474262 E fspretail@fspretail.co.uk W www.fspretail.co.uk & www.snap-shop.co.uk Fripp Sandeman and Partners Limited, trading as FSP G Nicholson (Managing Director) J H Fell J Hewson K Gunn Registered Number 1284879 Registered Office 19 Manor Courtyard Hughenden Avenue High Wycombe Buckinghamshire HP13 5RE