Jamie’s cooked

NT News - - BUSINESS -

Jamie Oliver’s Aus­tralian restau­rant group has fallen into vol­un­tary ad­min­is­tra­tion, though the ma­jor­ity of his restau­rants will con­tinue to trade un­der a new owner. Ad­min­is­tra­tors BDO Aus­tralia said Jamie’s Ital­ian restau­rants in Syd­ney, Par­ra­matta, Bris­bane, Perth and Ade­laide would con­tinue to op­er­ate un­der a new owner, the Bris­bane-based Hall­mark Group. Jamie’s Ital­ian in Can­berra has closed. Hall­mark, the owner of Bris­bane Ir­ish bar Finn McCools, bought the restau­rants af­ter the Jamie Oliver Restau­rant Group went into vol­un­tary ad­min­is­tra­tion on Mon­day.

The col­lapse of the celebrity chef’s Aus­tralian busi­ness comes about a year af­ter Mr Oliver bought the restau­rants from the re­ceivers of the failed Key­stone Group. It also fol­lows re­cent me­dia re­ports that Mr Oliver’s restau­rants in the UK are in fi­nan­cial strife with debts to­talling $126 mil­lion. Oh dear!

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