Maison Blanc store review risks 300 jobs

Patisserie chain Maison Blanc’s future has become uncertain after the owner launched a review of its stores portfolio – potentially putting 300 jobs at risk, the Evening Standard has discovered.

A property agent has been hired by the company to analyse the future of its 13 stores, including Hampstead, Royal Park, Muswell Hill and Fulham, which could lead to closure or a sale.

The firm employed 275 people in the year to 31 December 2014 and, despite a £10.4m turnover, it recorded a loss of nearly £3m during the period.

A statement sent to British Baker from Maison Blanc’s PR company, Red Kite, said: “Maison Blanc have announced the appointment of Davis Coffer Lyons as specialist advisors as part of a strategic review into its current trading locations. This also includes the Maison Blanc production facility at Park Royal in London.”

However, as reported by The Evening Standard, proceedings are at a discussion stage and no decision has been made.

The patisserie firm, now owned by Kout Food Investments, was founded by Michelin-starred chef Raymond Blanc in 1981, but he is no longer part of the company.

Want more stories like this in your inbox?

Sign up for our FREE email newsletter

Keywords:

My Account

Spotlight

Most read

Social