Carluccio’s sets out restructuring plan with 34 stores likely to close – Independent.ie
The business, which was founded by the late Antonio Carluccio in 1999, has 103 restaurants in the UK but is seeking approval from landlords to slash rents in a restructuring plan known as a Company Voluntary Agreement (CVA). The CVA, put together by restructuring advisers at KPMG, will allow Carluccios to pay a reduced rent…