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All Patisserie Valerie articles
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NewsFraud charges denied by ex-Patisserie Valerie finance team
The former CFO of Patisserie Valerie along with three other defendants have denied being part of a plot to commit fraud at the collapsed cafe chain
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NewsPatisserie Valerie fraud trial set for 2026
Four former employees will face trial in March 2026, some eight years after the accounting crisis that caused the collapse of the chain in 2019
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NewsFormer Patisserie Valerie CFO denies fraud charges
Christopher Marsh was previously charged with fraud alongside three others, in connection with their role in the collapse of the cafe chain in 2018
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NewsFormer Patisserie Valerie CFO charged with fraud
Christopher Marsh has been charged alongside his wife, accountant Louise Marsh, financial controller Pritesh Mistry and financial consultant Nileshkumar Lad over their roles in the collapse of the chain
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NewsPatisserie Valerie begins reopening sites
The Causeway Capital-backed group has returned to expansion after closing a number of loss-making sites last year as part of a restructure to shore up its financial position
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NewsPatisserie Valerie back in the black
Once close to a 200-strong estate, the brand shut nine sites in 2019 as part of a restructure, taking its estate to 25
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NewsPatisserie Valerie appoints group CMO
Martin Burke has been appointed group chief marketing officer for Patisserie Valerie and Bakers + Baristas
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NewsPatisserie Valerie closes nine sites
The closures leave the Causeway Capital-backed brand with just 30 sites – down from a high of nearly 200 in 2017
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NewsPatisserie Valerie ex-chairman in line for payout
Luke Johnson set to benefit as Grant Thornton settles £200m court case over coffee chain’s collapse, reports The Telegraph
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NewsPatisserie Valerie auditor found to have ‘serious lack of competence’
Accountancy firm Grant Thornton has been fined more than £2.3m over numerous failings in the audits of Patisserie Valerie.
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NewsPatisserie Valerie made £10m loss
Patisserie Valerie has made a £9.8m loss in the 14 months to March 2020, but the brand is now focusing on growing its routes to market and is reaping the rewards from its partnership with Sainsbury’s.
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NewsPat Val appoints CFO
Patisserie Valerie has promoted Jenni Hughes-Ward to group chief financial officer.
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NewsLe Pain Quotidien in emergency sale process
Le Pain Quotidien is close to collapse amid a search for a buyer for its UK operations, Sky News reports.
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NewsLuke Johnson: ‘Terrible trade-off’ lies ahead in virus fight
Luke Johnson has warned the UK could face a “Great Depression” and would have to decide if the containment measures were worth the “collateral damage” of falling living standards and damage to mental health.
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NewsMcDonalds, Nando’s and Pret among brands to close entire estate
McDonalds, Nando’s and Starbucks are among a list of operators that have announced estate-wide closures following Friday’s Government announcement.
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NewsPatisserie Valerie to merge with Bakers + Baristas
Patisserie Valerie will be merged with 65-strong café concept Bakers + Baristas, MCA’s sister title Big Hospitality reports.
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Analysis & InsightA stock-take on physical expansion
A stock-take on physical expansion – Review of 2019 risers and fallers
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NewsPatisserie Valerie makes senior appointments
Patisserie Valerie has appointed Kam Bains, formerly of Punch Taverns, as marketing director.
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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.