Carluccio’s Two Weeks from Going Under
Friday, March 1, 2019
It has been revealed that Carluccio’s was mere weeks away from folding, if it didn’t enter a Company Voluntary Agreement (CVA) last year, as there was no other possible option to save the company. The issue with the company all came down to money, especially when it came to commitments that required payments that they simply couldn’t meet.
The company is also going under a £10m revamp, hoping to move away from the Italian menu and introduce French wines, steaks and fish; all under the premium casual dining experience they are hoping to bring. This will be trialled and rolled out among 7 restaurants throughout the year.