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La Senza was founded in Canada by Laurence Lewin and Irving Teitelbaum, who opened the company's first store in 1990. In October 2006, La Senza was purchased by L Brands of Columbus, Ohio for $710 million CAD in cash, a company which already owned Victoria's Secret.
Laurence Lewin (20 May 1944 – 12 November 2008) was an English-born Canadian accountant, computer programmer and entrepreneur, who was one of the co-founders of lingerie firm La Senza. [ 1 ] [ 2 ] Lewin was working at clothing retailer Suzy Shier , in 1990, when he co-founded La Senza, a lingerie firm that was eventually licensed to 700 ...
Bath & Body Works, Inc. (formerly known as L Brands, Inc., Limited Brands, Inc. and The Limited, Inc.) is an American specialty retail company based in Columbus, Ohio.It owns Bath & Body Works, posted $7.4 billion in revenue in 2023, and was listed as 481 on the 2024 Fortune 500 list of largest United States companies by revenue.
With the company acquiring Canadian-based La Senza, they felt it was the opportunity to move into a growing Canadian market, with The Body Shop being its main competition. [10] [11] Bath & Body Works operates more than 1,900 stores. [12]
La Senza; Laura; La Maison Simons; Le Château [2] - Now only a part of some Suzy Shier stores. LIJA Style; Lolë; Lululemon Athletica; Mackage; La Maison Simons; Mark's; Marshalls Canada; Moores Clothing For Men; Morsam Fashions; Nygård International; October's Very Own [3] Pajar; Penningtons [4] Priape; Reitmans [5] River Island; Roots ...
In 2006, he sold his equity stake in the UK and EU segment of the global lingerie brand, La Senza, for a reported £100m. [7] In 2008, Paphitis was one of several interested parties in bidding for failed retail chain Woolworths. [8] However, he later pulled out because of unrealistic numbers quoted by the administrators. [9]
La Senza was the dominant lingerie retailer in Canada at its peak, with 322 domestic locations and 497 franchised international locations in January 2009 for a total of 819 locations. [181] Facing fierce competition, the retailer suffered a great decline and the loss of its Canadian dominance.
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