Did PizzaExpress go bust?

Did PizzaExpress go bust?

Pizza Express is the latest chain to close restaurants and cut jobs – the owner of the Ask Italian and Zizzi pizza chains is to permanently close 75 restaurants with the loss of up to 1,200 jobs, while Casual Dining Group, the owner of Bella Italia, Café Rouge, and Las Iguanas, shut 91 outlets when it went into …

Why is PizzaExpress called Milano in Ireland?

Inspired by a trip to Italy, Boizot brought back to London a pizza oven from Naples and a chef from Sicily. In 1969, jazz performances began at its Dean Street restaurant, London. PizzaExpress expanded into the Republic of Ireland in 1995 and currently operates 14 restaurants there under the brand name Milano.

Who owns PizzaExpress and Zizzi?

Hony Capital
Kettners, champagne bar and restaurant (one site in London), sold in 2013/2014. PizzaExpress, sold to the China based private equity firm Hony Capital in July 2014 for £900 million ($1.54 billion). ASK Italian and Zizzi, Italian food….Gondola Group.

Type Private
Industry Restaurant
Owner Cinven
Website gondolaholdings.com

What’s happened to PizzaExpress?

The closures come after the chain shut 74 restaurants after entering a company voluntary arrangement (CVA) in September 2020. The CVA reduced rents and gave landlords the opportunity to terminate leases until 3 December. A number of sites have already been returned to landlords.

Where is the Original PizzaExpress?

London, United KingdomPizzaExpress / Place founded

How many PizzaExpress are there in the UK?

PizzaExpress now has more than 470 restaurants across the UK and a further 12 markets beyond.

Is PizzaExpress in Australia?

About Pizza Express It is now Western Australia’s largest independent pizza chain. We’ve got all the bases covered for your next meal! Pizza Express has opened takeaway stores in Harrisdale, Riverton, Vic Park and Wanneroo.

Who is the CEO of Pizza Express?

Jinlong Wang (2017–)PizzaExpress / CEO

Who invented Pizza Express?

Peter BoizotPizzaExpress / Founder

Is PizzaExpress still in debt?

PizzaExpress has £1.1bn of loans with some £665m of the debt formed of corporate bonds, which must be repaid starting in 2021. It was reported last month that a handful of hedge funds, including CarVal and Cyrus Capital, had begun buying into the debt-laden dining chain’s heavily discounted corporate bonds​​.