All Patisserie Valerie articles – Page 2
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NewsM&A Review of the Year
It certainly hasn’t been a year in hospitality M&A for the faint hearted, but for those who have stuck with the sector and taken a long-term view, opportunity has knocked. Despite fears of an investor hiatus as a result of lingering uncertainty (ongoing Brexit delays certainly haven’t been helpful to M&A advisors!), the past 12 months has again proved the robustness of the M&A market in this sector, and points to further opportunities for 2020.
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NewsGunwharf Quays – Restaurant and retail therapy a plenty!
With more than 30 bars, cafés and restaurants (as well as over 90 shops) Gunwharf Quays offers an abundance of opportunities for plenty of remedial treatment. Supported by its impressive waterfront location, attractive design and assorted leisure-related reasons to visit, Gunwharf Quays is one of the UK’s finest outlet shopping centres. So amongst some Christmas shopping, I was keen to see how it is using its extensive assortment of Food & Beverage purveyors to both restore weary shoppers as well as to act as a footfall driver in its own right. But also, and more critically, I was keener to see some something new and surprising.
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NewsThe Dom Walsh Awards
Our monthly columnist from The Times hands out his annual awards to brands and operators who have made the past 12 months newsworthy – for better or for worse…
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NewsBlack Sheep Coffee lines up three more before year end
Black Sheep Coffee is planning to open three more sites before the end of the year, as it expands across the UK.
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NewsDonut King launches third Debanhams site
Donut King, the Australian-founded brand from Retail Food Group (RFG), has opened its third UK site with Debenhams. The latest site opened in Debenhams’ Wigan store, and follows previous openings in Basildon’s Eastgate Shopping and Sheffield earlier this year. The partnership is being led Sam Shutt, head of retail food ...
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NewsPatisserie Valerie unveils its vision of the future
The bakery chain is overhauling its menu and branding, promising ‘no more frozen pies in microwaves’. But can its new owners secure its place on the high street?
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NewsKPMG updates on Patisserie Holdings administration
Patisserie Holdings administrator KPMG does not expect to realise any value from the company’s subsidiaries, and has yet realise any money from freehold property or claims against third parties.
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NewsWrapchic bought out of administration
Indian-Mexican fusion burrito brand Wraphic has been bought out of administration after being impacted by “issues with franchisees”.
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NewsBlack Sheep Coffee lines up third Manchester site
Black Sheep Coffee is to open its third site in Manchester after acquiring the former Patisserie Valerie unit at 2-4 St Ann Street, MCA understands.
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OpinionDominic Walsh: A tale of three leaders
In the latest of his monthly columns, Dominic Walsh takes a look at the conduct, successes and failures of several high-profile figures in the sector, and shares a story of an unfortunate seating arrangement at the tennis.
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NewsPatisserie Valerie confirms further 14 closures
Patisserie Valerie owner Causeway Capital has confirmed the closure of a further 14 cafes.
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NewsPatisserie Valerie seeks aspirational revamp
Patisserie Valerie is seeking to reposition itself as a more contemporary, aspirational brand with a new store design and blue colour scheme set to be piloted in three London stores, and a proposed new opening in Hammersmith.
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NewsPat Val unveils slimmed down summer menu
Patisserie Valerie has unveiled its new slimmed down menu for the summer, which it said refocusses on quality ingredients, creative designs and ethical sourcing.
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NewsCauseway Capital: Pat Val ‘back on track’
Patisserie Valerie owner Causeway Capital has revealed further details of the turnaround plan for the chain, which includes a major rationalisation of its menus and product offering.
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Analysis & InsightNo disgrace in getting things wrong
With several well-known names joining the ranks of closures in the past month, MCA contributing editor Peter Martin discuss the impact of choice on the market and why sometimes it’s important to just give something a go.
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NewsGround Espresso Bars to open up to 50 sites with Next
Ground Espresso Bars has agreed a deal with Next, which will see it open eight units within its retail stores, including coffee shops in England and Scotland for the first time.
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NewsPatisserie Valerie to refocus business on core strengths
Patisserie Valerie is to refocus its business on being “less of a restaurant and more of a patisserie”, managing director Paolo Peretti has told MCA.
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NewsPatisserie Valerie to trial new menu
Patisserie Valerie is to begin trialling a new menu in selection shops, MCA has learnt.
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NewsJohnson joins Pat Val creditors committee
Luke Johnson has taken the “unusual step” of joining a committee of creditors to Patisserie Valerie - the failed café chain he formerly chaired, according to the Times.
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Analysis & InsightBringing it all together...
In challenging times, operators are turning to partnerships with retailers to reach new consumers and reduce opening costs – and industry leaders see this as a trend set to continue. Finn Scott-Delany examines some of the latest developments in this area, and asks branding and property experts of the benefits and drawbacks of entering into such arrangements. Also includes comment from MCA contributing editor, Peter Martin