Bakery chain Patisserie Valerie collapses into Administration
Patisserie Valerie plunged into crisis after £40m black hole in accounts, The Guardian reports. About 70 of the cafe group’s nearly 200 stores and concessions will close immediately, with the loss of about 900 jobs. Patisserie Holdings, the parent company that also owns the Druckers Vienna Patisserie, Philpotts, Baker & Spice and Flour
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