With concessions in Debenhams this is further bad news for them.

I am very shocked to see my favourite cake shop Pat Val at risk of administration and angry because it is due to account irregularities and bad management. All those staff (around 2500) at risk because those at the top were cheating/not doing their job. Patisserie Valerie bought out of administration is very likely though... the name and most stores but without a doubt some will close.

I have often mentioned Pat Val in my videos and would be sad to see it close down, I have always had excellent cakes and breakfast there, and excellent customer service. 

Who is likely to save this brand? Other Private equity firms might, or Paul or maybe Caffe Concerto. 


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