Some five Lincoln jobs are among the 752 at risk across the country as UK lingerie franchise La Senza falls into administration for the second time in two years.
There are currently 5 members of staff employed at the Lincoln La Senza store, which is located in the Waterside Shopping Centre.
Robert Moran, Michael Jervis and Stuart Maddison have been appointed as joint administrators of Marnixheath Limited to manage its affairs, business and property as its agents.
Robert Moran said there were “no immediate plans to close any stores” and that the search was on for a buyer to rescue La Senza’s 58 UK stores.
Mr Moran said: “The challenging conditions in the UK high street are well documented. Like many other retailers, La Senza has been hit hard by the difficult economic environment and a slowdown in consumer spending.
“The administrators are continuing to trade the businesses as normal for the time being whilst discussions take place with interested parties in respect of a sale. We welcome any approaches to purchase all or part of the store portfolio.”