All Patisserie Valerie articles – Page 3

  • Patisserie Valerie
    News

    Peretti appointed to run Patisserie Valerie

    2019-03-07T08:39:00Z

    Causeway Capital has dismissed suggestions that it is only planning a brief period of ownership of Patisserie Valerie.

  • Steve Francis
    News

    Former Pat Val CEO to sue Causeway Capital Partners

    2019-03-01T08:57:00Z

    Former CEO of Patisserie Valerie Steve Francis has launched a lawsuit against the café chains new owners Causeway Capital Partners, and has warned of more store closures, according to The Times.

  • Patisserie Valerie
    News

    Pat Val management team axed by backers

    2019-02-28T09:05:00Z

    A source close to the ousted management team at Patisserie Valerie has said the decision came “like a bolt out of the blue” as the team prepared to take the business forward.

  • Pile of newspapers
    News

    Weekend press round-up, 23-24 February 2019

    2019-02-25T10:33:00Z

    MCA presents a round-up of this weekend’s press stories relating to the sector

  • News

    Baker & Spice sold to DoCASA

    2019-02-19T09:12:00Z

    Patisserie Holdings has sold four Baker & Spice outlets to the Department of Coffee & Social Affairs (DoCASA) for £2.5m.

  • Patisserie Valerie
    Analysis & Insight

    Established in 1926, reborn 14 February 2019

    2019-02-15T09:35:00Z

    Following the sale of Patisserie Valerie to Causeway Capital Partners, Rhys Iley spoke to MCA deputy editor Georgi Gyton about why he is viewing it as a new chapter for the business, and what changes the management team will be putting in place, including store refreshes, longer opening hours, NPD, and a new app.

  • News

    Patisserie Holdings sale confirmed for £13m

    2019-02-14T13:51:00Z

    Patisserie Holdings has confirmed the sale of Patisserie Valerie, to Dublin-based Causeway Capital, and its sandwich shop business Philpotts to retail, wholesale and distribution firm A.F Blakemore, for £13m.

  • Patisserie Valerie
    News

    Causeway Capital "acquires Pat Val"

    2019-02-14T09:01:00Z

    The Daily Telegraph is reporting that Patisserie Valerie has been bought by Irish private equity firm Causeway Capital Partners. The paper reports that almost all of Patisserie Valerie’s 120 remaining branches are to be saved - preserving up to 2,000 jobs after a deal was struck at 3am this morning. ...

  • Opinion

    Playing the long game

    2019-02-14T08:41:00Z

    Yesterday, it was revealed that EAT has appointed advisory firm Spayne Lindsay to review its options. On the back of this, James Wallin speaks to chief executive Andrew Walker about the turnaround of the business, its international ambitions and why any sale process is 12 to 18 months away.

  • patisserie valerie sainsburys
    News

    Deadline for final Pat Val bids today

    2019-02-13T08:31:00Z

    Patisserie Holdings’ administrator KPMG has given bidders until lunchtime today to make their best and final offers for the business.

  • Patisserie Valerie
    News

    Encouraging bids for Patisserie Valerie

    2019-02-05T08:39:00Z

    The administrators of Patisserie Holdings have confirmed they have received a number of offers for the business, with a number now being taken forward.

  • Patisserie Valerie
    News

    Pat Val estate ‘likely to be sold off in chunks’

    2019-02-01T08:19:00Z

    Ahead of today’s deadline for initial bids for the remaining Patisserie Holdings estate, it is looking increasingly likely that it will be sold off in chunks.

  • patisserie valerie sainsburys
    News

    Rescuer of Little Chef linked with Patisserie Valerie sale

    2019-01-30T08:45:00Z

    Rcapital, the private equity firm that rescued Little Chef from collapse, is rumoured to be among those in the running to acquire most of the remaining Patisserie Valerie business from administration.

  • Patisserie Valerie Logo
    News

    Mike Ashley linked with bid for Patisserie Valerie

    2019-01-29T08:38:00Z

    Sports Direct tycoon Mike Ashley has been linked with a move for Patisserie Valerie with David Scott also rumoured to be back in the frame to bid for a portion of the estate.

  • Patisserie Valerie
    News

    PWC report lifts lid on Pat Val collapse

    2019-01-28T08:31:00Z

    A report by PWC into the suspected fraud at the heart of the collapse of Patisserie Holdings has allegedly uncovered forged company minutes used to take out overdrafts of almost £10m and fictitious invoices for shop refurbishments.

  • Opinion

    The disruptive lender

    2019-01-25T09:15:00Z

    OakNorth, lender to Inception, Brasserie Bar Co and Leon, on why it is backing the hospitality sector.

  • Patisserie Valerie exterior
    News

    HMRC ‘warned Patisserie Holdings in 2016 about possible fraud’

    2019-01-25T09:14:00Z

    HM Revenue & Customs raised concerns with Patisserie Holdings that some of its invoices and cheques had been forged more than two years before the group revealed its accounting blackhole, The Times has reported.

  • Patisserie Valerie exterior
    News

    Patisserie Holdings confirms details of store closures

    2019-01-23T16:22:00Z

    The joint administrators of Patisserie Holdings have confirmed the details of the 71 “loss making” stores that have closed following the business entering administration yesterday.

  • Patisserie Valerie exterior
    Analysis & Insight

    Patisserie Holdings: Inevitable but still unbelievable

    2019-01-23T08:26:00Z

    As Patisserie Holdings called in administrators, with 70 sites to close, James Wallin reflects on the sad conclusion to a sorry tale, and why the trashing of Luke Johnson’s reputation does no favours for the sector.

  • Downing Crowd launches bond
    News

    Patisserie Holdings continues negotiations with bankers

    2019-01-21T08:17:00Z

    Patisserie Holdings has confirmed it is still in discussions with its bankers to expend the standstill of its bank facilities beyond 18 January.