US vegan fast food chain By Chloe quietly shutters UK estate bighospitality.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bighospitality.co.uk Daily Mail and Mail on Sunday newspapers.
By Chloe s London restaurants running as usual after US company files for bankruptcy By Chloe UK’s London restaurants are unaffected by US company By Chloe filing for bankruptcy and will re-open as soon as restrictions allow, say the company.
The vegan restaurant brand operates four London locations in the capital, in Covent Garden, Oxford Circus, Tower Bridge and The 02, operated under license by Middle Eastern F&B group Qoot International.
During Tier 3 the company is operating ‘a fully functioning London-wide take away and delivery service’ with sites due to reopen when permitted.
By Chloe
filed for a voluntary financial restructuring designed to position it for future growth and long-term success. The restaurant group has obtained new working capital financing from a consortium of its existing investors that it says will allow it to continue operating and supporting its employees during the process.