All Restructures and Receiverships articles – Page 13
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News
Majestic Wine MD insists future bright despite sale rumours
The process of selling its retail business and its wholesale arm, Majestic Commercial, is expected be finalised over coming months
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News
Penta Foodservice ceases trading after second collapse
The Farnborough-based business supplied a string of high-profile restaurant chains including Wagamama, The Ivy Collection …
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Majority of Jamie Oliver restaurants closed with loss of 1,000 jobs
KPMG confirmed all but three of the eateries had been closed, resulting in approximately 1,000 redundancies
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Investor fury as crowdfunded craft brewer Redchurch collapses
It’s back in business under new anonymous owners but investors have been left penniless from the ‘shock’ collapse of crowd…
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Liquidators appointed for Choccywoccydoodah
Specialist chocolatier Choccywoccydoodah has appointed business advisory firm Quantuma to wind-up the company.
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Oddbins in rescue talks as scale of collapse is revealed
Oddbins blamed its collapse largely on Brexit when news of its turmoil hit headlines earlier this year
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Majestic warns some suppliers could 'lose out' as it restructures
A letter to suppliers this week says relationship could change for those not ’economically and strategically’ aligned with Majestic
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Beer Boutique collapses blaming supermarket craft push
Founder James Hickman blamed supermarket ranges and soaring rent prices
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Analysis and Features
As store closures loom, what's the future of Majestic Wine?
The company wants to ditch physical retail to focus on its online business Naked Wines
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The Bottle Shop collapses after BrewDog rescue offer falls through
All of the business’ staff have been made redundant as administrators are appointed
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UK Snacks collapses into administration after factory fire
Own label Asian snack manufacturer UK Snacks Ltd has collapsed into administration, nine months after a fire tore through its main manufacturing site
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Majestic Wine to close stores in Naked rebrand
Majestic Wine is to close stores and rebrand as Naked Wines as part of a transformation plan, Greene King hires a new non-executive director and the rest of the new from the City
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Eat Square collapses weeks after failed crowdfunding campaign
The pie supplier failed in a Seedrs campaign to secure £50k
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Pastry supplier Deli Santé ceases trading
The company formerly had branded listings at Ocado and Waitrose
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Analysis and Features
How can Accolade Wines return to winning ways post-Brexit?
Accolade is closing its EMEA base and shifting focus to the Asian market. Can it manage a turnaround?
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News
Patisserie Valerie CEO Steve Francis to sue Causeway
Patisserie Valerie future thrown into fresh doubt as backers sack CEO and commercial director
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Jobs at risk as Accolade Wines kicks off 'major strategic review'
The wine supplier is moving all of its European operations to the UK
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Patisserie Holdings-owned Baker & Spice sold to Department of Coffee and Social Affairs
KPMG confirmed that the independent coffee chain has bought four Baker & Spice outlets in London Coffee shop chain Department of Coffee and Social Affairs has acquired the London-based Baker & Spice bistro chain from the striken former parent company of Patisserie Valerie. KPMG confirmed this morning ...
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Media Bites 15 Jan: Patisserie Valerie, Coca-Cola, Nestlé
The private equity-backed management buyout to save collapsed cake chain Patisserie Valerie is unsurprisingly heavily covered in the papers this morning.
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Patisserie Valerie sold to management in late-night deal
A deal was struck with administrators KPMG in the early hours of this morning