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THE Brighton branch of Patisserie Valerie will close despite the company being bought out of administration by an Irish private equity firm, safeguarding nearly..
Credit: The Argus - Published 22 hours ago

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It's good news for around 2,000 employees
Credit: Blackmore Vale - Published 2 days ago

Sale comes days after Patisserie Valerie was rescued by Irish investment firm
Credit: Independent - Published 2 days ago

Cafe chain Patisserie Valerie has been bought out of administration in a management buyout that is being backed by Irish private equity firm Causeway Capital.
Credit: Express and Star - Published 2 days ago

Deal saves 2,000 bakers and waiters, but already some 900 jobs have gone and 71 stores closed
Credit: FT.com - Published 2 days ago

The firm was facing bankruptcy after fraudulent activity was discovered in its accounts
3 days ago • Cambridge News
The last store in Gloucestershire is one of the 117 saved
Credit: Gloucester Citizen - Published 3 days ago

THE national chain Patisserie Valerie has been bought out of administration by an Irish private equity firm, safeguarding nearly 2,000 jobs.
Credit: The Argus - Published 3 days ago

BBC Local News: London -- The cake chain and sister brand Philpotts have been bought out of administration, saving 117 shops.
3 days ago • BBC Local News
The cake chain and sister brand Philpotts have been bought out of administration, saving 117 shops.
3 days ago • BBC News
Buyout secures future for the remaining Patisserie Valerie stores - including Exeter
Credit: Torquay Herald Express - Published 3 days ago

The cake chain has been bought up by a private equity firm
3 days ago • Bristol Post
The deal does not include 27 outlets belonging to sister brands Philpotts and Baker & Spice
3 days ago • Nottingham Post
The private equity backed buy-out will save jobs at the High Street coffee and cake chain.
3 days ago • BBC News
Staff will transfer to new company; 96 stores to remain open
Credit: Independent - Published 3 days ago

The deal does not include 27 sites belonging to sister brands Philpotts and Baker & Spice
3 days ago • Tamworth Herald
Buyers intend to keep almost 100 stores in UK café chain open
Credit: FT.com - Published 3 days ago

This comes just weeks after the Gloucester's Patisserie Valerie suddenly closed
4 days ago • Gloucestershire Echo
Chain still looking for buyer
6 days ago • Gloucester Citizen
The retail billionaire announced his bid for the chain on Friday evening
6 days ago • Tamworth Herald
Mike Ashley has been adding to his retail empire by buying firms out of administration over recent months
Credit: Independent - Published 6 days ago

The Sports Direct founder, who has been building up his High Street empire with the purchase of House of Fraser and Evans Cycles, has complained of being shut..
6 days ago • MailOnline
The retail tycoon made a £15m bid on Friday but administrators say the cafe chain is worth more.
6 days ago • BBC News
Sports Direct complains of being shut out of bidding process
Credit: FT.com - Published 6 days ago

The Mail on Sunday understands Johnson was set to gobble up a sizeable stake in trendy Italian restaurant chain Polpo – before pulling out of a deal when..
1 week ago • MailOnline
Bakery chain went into administration in January after discovery of £40m hole in its finances, which it blamed on 'potentially fraudulent' accounting..
Credit: Independent - Published 1 week ago

Mike Ashley's Sports Direct has made a bid for cafe chain Patisserie Valerie, which collapsed into administration last month.
Credit: The Argus - Published 1 week ago

Ten days after we revealed his plans, the tycoon's firm Sports Direct said it has made an offer for the bust cafe chain. The move came days after Ashley lost out..
1 week ago • MailOnline
Offer for café chain is latest bid by Mike Ashley to scoop up ailing high street names
Credit: FT.com - Published 1 week ago

The Sports Direct owner confirms a bid for the cafe chain, which has about 121 outlets still open.
1 week ago • BBC News
Approach for beleaguered café chain announced on Friday
Credit: FT.com - Published 1 week ago

There never was a founder called Valerie, instead a Belgian husband and wife team. Ben Morris speaks exclusively to the couple's niece.
2 weeks ago • BBC News
BBC Local News: London -- There never was a founder called Valerie, instead a Belgian husband and wife team. Ben Morris speaks exclusively to the couple's niece.
2 weeks ago • BBC Local News
Chairman Luke Johnson, 57, said he is considering taking legal action against Grant Thornton after it failed to spot the alleged fraud that sunk his company.
2 weeks ago • MailOnline
If people are determined to commit fraud, there is probably not much we can realistically do to stop them, says Tim Price. But there are certain steps we can..
Credit: MoneyWeek - Published 2 weeks ago

Shares in the British bakery chain more than doubled from the time it listed on the …
Credit: FT.com - Published 2 weeks ago

The update from KPMG follows reports that around 100 parties were in the running for the collapsed cake chain, with a piecemeal sale looking like the most..
2 weeks ago • MailOnline
Patisserie Valerie has attracted queries from a number of bidders interested in buying the troubled business, administrators have said.
Credit: Belfast Telegraph - Published 2 weeks ago

The closures have resulted in 920 redundancies
2 weeks ago • Tamworth Herald
Up to 900 staff members lost their jobs when administrators KPMG closed 70 of the cafe chain's outlets.
2 weeks ago • BBC News
A former duty manager at the café chain's site in Southport called the treatment of staff 'disgusting' and said colleagues were given 30 minutes' notice that..
2 weeks ago • MailOnline
The hard lesson from the collapse of Patisserie Valerie is that sometimes no amount of research is enough, says John Stepek.

The post The one way to..
Credit: MoneyWeek - Published 2 weeks ago

Potential buyers put off bidding for entire operation by financial allegations
Credit: FT.com - Published 2 weeks ago

Beancounter Grant Thornton faced a battering over its handling of scandal-hit Patisserie Valerie's accounts as investors prepared to sue the cafe chain.
2 weeks ago • MailOnline
Grant Thornton is under investigation over its auditing of Patisserie Holdings after a £40 million hole was found in the failed cafe chain's accounts.
2 weeks ago • MailOnline
Grant Thornton chief tells MPs there is an ‘expectation gap’ over audit work
Credit: FT.com - Published 2 weeks ago

'We're not looking for fraud or the future or giving a statement that the accounts are correct,' Grant Thornton boss David Dunckley says
Credit: Independent - Published 2 weeks ago

Law firm Teacher Stern signs up 30 shareholders and will pursue PwC report
Credit: FT.com - Published 3 weeks ago

There are 13 roles up for grabs
3 weeks ago • Derby Telegraph
The businessman has made a string of retail deals in recent years, including buying House of Fraser
3 weeks ago • Tamworth Herald
The retail tycoon is rumoured to be looking to expand his business empire further
3 weeks ago • North Devon Journal
Such a move would give him yet another slice of the High Street where store chains are struggling in the face of rising costs, crippling business rates and an..
3 weeks ago • MailOnline
The founder of Patisserie Valerie has left little trace and may not even exist.
3 weeks ago • BBC News
Shareholder advisory group Glass Lewis has told investors in the luxury resorts firm they ‘should be concerned’ about the recent collapse of cake business..
3 weeks ago • MailOnline
Board-commissioned PwC inquiry focuses on certain finance staff and supplier
Credit: FT.com - Published 3 weeks ago

The stricken café chain, which crashed into administration on Tuesday following an accounting scandal, paid £16m to HM Revenue and Customs over the past five..
3 weeks ago • MailOnline
Collapsed café chain paid corporation tax on potentially non-existent profits
Credit: FT.com - Published 3 weeks ago

Administrators KPMG are hopeful of a 'positive outcome' for the bakery chain
Credit: North Devon Journal - Published 3 weeks ago

Just hours after parent company Patisserie Holdings crashed into administration following an accounting scandal, the shutters came down on 71 cafes, with the..
3 weeks ago • MailOnline
A cake shop in Brighton was doomed by a £40 million fraud which is still being investigated by detectives. The East Street branch of Patisserie Valerie was on a..
Credit: Brighton and Hove News - Published 3 weeks ago

The popular chain went into administration earlier this week
3 weeks ago • Kent and Sussex Courier
Entrepreneur may not recover all of £13m loans advanced in wake of accounting scandal
Credit: FT.com - Published 3 weeks ago

The Patisserie Valerie concession in Debenhams, Old Market, Hereford, is one of 71 stores nationwide listed as closed.
Credit: Hereford Times - Published 3 weeks ago

Administrators were call in on Tuesday
Credit: Gloucester Citizen - Published 3 weeks ago

The remaining 122 stores will continue to operature as the ailing cake chain searches for a buyer
3 weeks ago • Cambridge News
Four Scottish outlets will close in Glasgow and Edinburgh.
Credit: Daily Record - Published 3 weeks ago

KMPG said: 'The remaining 122 outlets will continue to trade while the administrators seek a buyer for the business'
Credit: Tamworth Herald - Published 3 weeks ago

The Wolverhampton premises of failed cake chain Patisserie Valerie and the Druckers in intu Merry Hill have closed their doors
Credit: Express and Star - Published 3 weeks ago

But its future is reliant on a buyer being found
Credit: Blackmore Vale - Published 3 weeks ago

According to the list published by administrators KPMG, only one of Bristol's three stores has been immediately shut
3 weeks ago • Bristol Post
Administrators to failed cake chain Patisserie Valerie have confirmed the closure of 71 stores, resulting in 920 redundancies across the UK.
3 weeks ago • MailOnline
The combined 71 closures have resulted in 920 redundancies
3 weeks ago • Brentwood Gazette
Credit: FT.com - Published 3 weeks ago

More than 900 jobs go in café chain and sister outlets
Credit: FT.com - Published 3 weeks ago

BBC Local News: London -- A number of loss-making Patisserie Valerie stores and concession stands will be closing across the country.
on January 23, 2019 • BBC Local News
The latest high street casualties include Patisserie Valerie, Santander and Superdrug
on January 23, 2019 • Gloucestershire Echo

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