Bankruptcy Threatens for British Restaurants Jamie Oliver
Bankruptcy threatens for British restaurants Jamie Oliver. The British restaurants of TV chef Jamie Oliver have requested a postponement of payment. Oliver’s company confirmed this after previous reports in British media.
Deferment of payment, also known as suspension of payment, is often a prelude to bankruptcy. There are 25 restaurants including 23 Jamie’s Italian restaurants, a Barbecoa Steakhouse and a Fifteen restaurant in Great Britain.
In the event of a bankruptcy, 1300 people will end up on the street. The company has engaged consultancy firm KPMG to oversee the process well.
In recent years the top chef’s restaurants have been confronted with a challenging consumer market, intense competition and rising costs. Jamie Oliver (43) responded to the news and said he was “despondent” about the news.
He said: “I would like to thank the staff and suppliers who have put their hearts and souls into this company.” He says he understands how difficult it is for everyone affected by this news.
It is not the first time that Oliver’s restaurants are having a hard time. It was already announced in January that the turnover of various British restaurants fell so far that they probably had to be closed.
Top chef Jamie Oliver became known in the late 90s for his TV show The Naked Chef. Since then he is known for his relaxed cooking style and recipes for responsible dishes.
In addition to Jamie’s Italian, Fifteen and Jamie Oliver’s Diner are his. The latter was brought to Rotterdam in December. Fifteen Amsterdam was forced to close its doors in November 2016 after a bankruptcy and Jamie Oliver’s Diner has also been closed again.
Jamie Oliver’s Pizzerias also survived less than a year in Tilburg and Arnhem.
Oliver’s entire business empire, which also included his TV programs and internet video channel, accounted for a turnover of nearly £ 160 million a few years ago. Three-quarters of this came from Jamie’s Italian, which was founded in 2008.