Segafredo Zanetti, the Italian coffee group, has placed its Puccino’s coffee shop business into administration. The company, which has appointed Tenon Recovery as administrators, has closed a further 29 stores on top of the 14 that were shut in the last few months, according to reports in The Times. The move has not affected 43 other sites, which have been transferred to Puccino’s Worldwide, a Segafredo subsidiary. The sites are mainly located in London and the South East of England.