Patisserie Valerie goes into administration

Patisserie Valerie goes into administration

Patisserie Holdings Plc has announced that, as a direct result of significant fraud found in its accounts, the business has gone into administration. The company, known for its cakes and cafés, reports it has been unable to renew its bank facilities, and therefore the...
Patisserie Valerie goes into administration

Former Tulip CEO to lead Patisserie Valerie

Patisserie Valerie has appointed Stephen Francis, former boss of pork producer Tulip Ltd, as CEO after Paul May resigned amid an investigation into claims of “fraudulent activity”. The news follows the departure of Patisserie’s finance director Chris Marsh who has...
Patisserie Valerie confirms arrest of finance chief

Patisserie Valerie confirms arrest of finance chief

The owner of café chain Patisserie Valerie has confirmed its finance director Chris Marsh was arrested last night (11th October) after allegedly “significant, and potentially fraudulent, accounting irregularities” were uncovered. Patisserie Holdings plc...