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Lingerie Losing its Luster? Panty Purveyor La Senza Stares Down Bankruptcy

Join us on January 26 at 11 am ET for a webinar with Lenzing, TextileGenesis and sustainable brand ArmedAngels for a discussion on how they’re using Fibercoin technology to realize traceability’s benefits to sustainability, brand loyalty and risk mitigation.

La Senza could be facing the music after three suppliers filed an involuntary bankruptcy court petition to force the Canadian intimates retailer into a Chapter 7 liquidation proceeding. The largest of the three vendors is MGF Sourcing US, LLC, owned by private equity firm Sycamore Partners and joined by Ocean Lanka (Pvt) Ltd. and Teejay…

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