Reuters quoted people familiar with the matter as saying that the British chef Jamie Oliver chain restaurant was taken over on Tuesday (21st). The Jamie Oliver restaurant in 25 locations in the UK is either employed or facing unemployment.
According to sources, more than 1,000 people may be laid off if the Jamie Oliver restaurant was taken over. The decision is expected to be announced later in the UK on Tuesday.
Jamie Oliver responded to the incident: “I am very sad about this result. I would like to express my gratitude to all the staff, our suppliers and all those who have contributed to this business for more than 10 years.
This is Jamie Oliver’s eating king again facing a collapse two years ago after avoiding the crisis. At that time, the company reorganized to make the restaurant that was eclipsed “closed.”
British Sky TV was informed that their restaurant chain under Jamie’s Italian and other restaurants such as Barbecoa and Fifteen London, which have not yet been closed, have been handed over to KPMG for liquidation. It is expected to start looking for new buyers for the business.
Jamie Oliver is a well-known British chef and culinary show host. His unique and lively hosting style, as well as the expansion of his restaurant layout in the UK and beyond, have brought a lot of wealth over the past 20 years.
His chain restaurant entered the liquidation process and is expected to carry millions of pounds of losses to its major lending bank, HSBC.
The shares of Jamie Oliver Co., Ltd., and Jamie Oliver Licensing Limited, the international restaurant franchise business, and Jamie Oliver Holdings of Jamie’s Italian International Limited are traded as usual.