The joint administrators of Patisserie Holdings plc have confirmed the closure of a number of loss-making outlets in the North West.
In total across the UK, 27 Patisserie Valerie stores are closing alongside 25 concessions in Debenhams, Next and motorway services as well as the company’s bakery in London.
Here in the North West, a combination of stores and concessions have been cut across the Liverpool City Region and Greater Manchester.
A total of 19 Druckers stores, part of the Patisserie Holdings umbrella, have also closed including a branch in Manchester’s Arndale Centre.
The closures across the UK have resulted in 920 redundancies.
The remaining 122 outlets will continue to trade while the administrators seek a buyer for the business.
It was announced yesterday (22 January) that Blair Nimmo and David Costley-Wood from KPMG had been appointed as joint administrators to Patisserie Holdings plc after the firm was unable to renew its bank facilities.
Costley-Wood, partner at KPMG, says: “Since our appointment less than 24 hours ago, we have been pleased with the level of interest we have received in the business, and so remain hopeful of achieving a positive outcome.
“In the meantime we can reassure customers that across the remaining 122 stores, it is all but business as usual.”
The list of Patisserie Holdings stores and concessions closing in the North West:
|Liverpool||Debenhams (Patisserie Valerie)||42 Lord Street|
|Wigan||Debenhams (Patisserie Valerie)||Unit 39 Grand Arcade Shopping Centre, Compton Street|
|Manchester||Druckers||169 The Arndale Centre|
|Manchester||Next (Patisserie Valerie)||Unit 1C, Barton Square, Barton Dock Road|
|Manchester||Next (Patisserie Valerie)||Unit 22 Manchester Fort Shopping Centre, Cheetham Hill Road|
|Bury||Patisserie Valerie||26-28 The Haymarket|
|Chester||Patisserie Valerie||31, Bridge Street|
|Liverpool||Patisserie Valerie||Unit 1, 35 Whitechapel|
|Manchester||Patisserie Valerie||2-4 St Ann Street|
|Southport||Patisserie Valerie||365 Lord Street|