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Alshaya UK To Buy 60 La Senza Stores

The Kuwait-based retail franchise operator has signed a deal to buy 60 La Senza stores, saving 1,100 UK jobs. It is thought that Alshaya is to invest £100m in revamping La Senza. Mohammed Alshaya, executive chairman of Alshaya Group in Kuwait, said: “We are delighted to have reached an agreement to buy these La Senza stores – saving jobs, protecting a great brand for consumers and strengthening our UK presence and links.”

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