Patisserie Valerie is to shut nine cafes that have not recovered “as well as expected” following the pandemic. The coffee and pastries business, which is backed by Irish private equity firm Causeway Capital, said it has “faced a period of unprecedented challenges in recent times”.
It said it will now shut nine patisseries following a review of its store estate. Patisserie Valerie confirmed it will shut its Belfast Donegal Square, Belfast Castle Lane, Belfast Forestside, Victoria Station London, Windsor, Dundee, Glasgow Central, Eastbourne and Exeter sites.
“We have decided to close nine patisseries as we now do not feel they will recover sufficiently” amid further cost pressures, the company said.
