A restaurant chain belonging to celebrity chef Jamie Oliver has become the latest casualty of the UK's sustained casual dining crunch.
A last-ditch effort to tie up new funding failed before the announcement.
"I am deeply saddened by this outcome and would like to thank all of the staff and our suppliers who have put their hearts and souls into this business for over a decade", Oliver said in a statement on Tuesday.
Twenty-two of the 25 restaurants in the UK Jamie Oliver Restaurant Group have now closed.
"However, with no suitable investment forthcoming and in light of the very hard current trading environment, the directors resolved to appoint administrators". KPMG has been appointed to oversee the administration of the 25 locations, after a CVA a year ago failed to dig the company out of trouble. The Sun newspaper reported many staff arrived at work not knowing of the administration.
All 25 restaurants, including 23 Jamie's Italian outlets, are impacted by the move, putting up to 1,300 jobs at risk across the UK.
Oliver, 43, who began cooking as a child in his parent's pub in Essex, rose to fame after being discovered by the BBC while working as a chef in London's River Cafe.Читайте также: Gujarat: 16 Students Killed in Surat Building Fire, Several Jump to Escape
After getting the call, Oliver put £7.5 million (nearly $10 million) of his own money into the chain right away - adding in an additional £5.2 million pounds (about $6.7 million) in the following months.
The four restaurants in Perth, Brisbane, Sydney and Adelaide were bought by Brisbane-based hospitality company Hallmark Group from Oliver in a last-minute bankruptcy rescue a year ago, while his Canberra and Parramatta branches were immediately closed.
"Jamie's Dundrum is a very healthy, profitable business, we are completely independent of the United Kingdom", he said.
Consultancy Deloitte says 80 bar, restaurant and hotel businesses went into administration in England and Wales previous year.
Sales at Jamie's Italian fell by 11 per cent past year, to £101m, and 12 restaurants were closed, leaving 600 members of staff redundant.
Will Wright, partner at KPMG and joint administrator, said: "The current trading environment for companies across the casual dining sector is as tough as I've ever seen".
With a personal fortune claimed by some media outlets to have topped US$400 million, Oliver will survive the loss.При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
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