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Patisserie Valerie to close down without 'immediate injection of capital'

Thu Oct 11 20:25:23 CEST 2018
Brief :  Board of cakes and cafe chain says it is ‘assessing all options available to the business’The stricken cakes and cafe chain Patisserie Valerie is teetering close to collapse after admitting it needed “an immediate injection of capital” to survive.The blunt statement from the directors of the 200-strong chain, which has nearly 3,000 staff, came less than 48 hours after the company said it had discovered a multimillion-pound black hole in its accounts and was suspending its shares. Continue reading...

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