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Home / Business and Economy / Jamie's Italian: A Bold Comeback Amidst Market Woes

Jamie's Italian: A Bold Comeback Amidst Market Woes

7 Dec

•

Summary

  • Jamie's Italian restaurants closed in the UK in 2019, costing over 1,000 jobs.
  • Oliver is not investing personal funds in this relaunch, unlike previous ventures.
  • The brand's return occurs as UK hospitality faces tough trading and rising costs.
Jamie's Italian: A Bold Comeback Amidst Market Woes

Jamie's Italian is preparing for a significant return to the UK market, marking a new chapter for the restaurant chain that previously shuttered all its domestic sites in 2019, resulting in over 1,000 job losses. Chef Jamie Oliver, who has curated the menu for the new Leicester Square location, acknowledges the challenges but sees the current climate as an opportune moment.

Oliver expressed his vision to bring excitement, surprise, and delight to the mid-market dining experience, a gap he believes needs filling. This revival is structured under a franchise agreement with Brava Hospitality Group, operator of Prezzo. Notably, Oliver is not personally investing in this venture, a departure from his previous financial involvement.

The brand's resurrection occurs at a time when the UK's hospitality industry grapples with a difficult trading environment, heightened staffing expenses, and fluctuating business rates. The original collapse in 2019 was attributed by Oliver to the well-publicised struggles within the casual dining sector and the decline of the UK High Street.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Jamie's Italian restaurants closed across the UK in 2019.
No, Jamie Oliver is not investing his personal funds in this new venture.
The UK hospitality sector is facing challenges such as increased staffing costs and business rates.

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