Patisserie Holdings on edge of collapse

Patisserie Holdings on edge of collapse

Patisserie Holdings (CAKE) est fini. The owner of the Patisserie Valerie café chain announced that unless it receives an immediate injection of cash, then it will be no more. A “material shortfall between the reported financial status and the current financial status of the business” has been found during an emergency review of the business conducted over the past 24 hours. Without further funding, there is “no scope” for the business to continue trading.

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