Azzurri Group, the owner of Zizzi and Ask Italian, has been sold out of administration to US investment firm, TowerBrook Capital Partners. The deal will keep 225 restaurants open and maintain around 5,000 jobs, but 75 will not reopen.
Is Ask Italian closing down?
The owner of Zizzi and Ask Italian restaurant chains said it will close 75 locations, risking the loss of up to 1,200 jobs. Azzurri Group, which also owns the Coco Di Mama pasta chain, has been sold out of administration to TowerBrook Capital Partners.
Is Ask Italian reopening?
ASK Italian plans to reopen a majority of its restaurants for al fresco dining on April 12. … It comes as Boris Johnson this week revealed that restaurants can serve customers outside from mid-April under the roadmap out of lockdown.
Is Ask still trading?
The owner of Ask Italian and Zizzi pizza chains is to permanently close 75 restaurants with the loss of up to 1,200 jobs in the latest blow to the high street. … About 225 restaurants and shops are being bought by TowerBrook, protecting 5,000 jobs.
Is ASK Italian in administration?
Zizzi and Ask Italian are set to permanently close 75 of their restaurants, putting up to 1,200 jobs at risk. Azzurri Group, the owner of the two chains, has been pulled from administration by US investment firm TowerBrook Capital Partners after the coronavirus crisis rocked the industry.
Who owns Zizzis?
Azzuri Group, which operates restaurant brands including Zizzi and ASK Italian, reported shrinking losses over the past year amid ‘challenging’ trading conditions.
Which Ask restaurant is closing in Italy?
Restaurant chain Zizzi and Ask Italian closing 75 branches
- The owner of Zizzi and Ask Italian restaurant chains said it will close 75 locations, risking the loss of up to 1,200 jobs.
- Azzurri Group, which also owns the Coco Di Mama pasta chain, has been sold out of administration to TowerBrook Capital Partners.
What does ask Italian stand for?
The name can be construed either as the founders’ initials or as an acronym for “Authentic Sicilian Kitchen”. ASK was the chain’s original name, it was rebranded as ASK Italian from 2010.
What’s an Italian restaurant called?
As suspected, a ristorante is a restaurant – a place where meals and drinks are sold and served to customers. But traditionally a ristorante is more upmarket and formal. In Italy, the term came into use to describe elegant and sophisticated dining establishments.
Can you use Tesco vouchers at ASK Italian?
Voucher codes can be used as full or part payment for food only, they can’t be used for drinks, merchandise, gift cards, takeaways, promotional, set and fixed menus – however they can be used towards kids set menus.
Does Ask Jeeves still exist?
Ask Jeeves was a character-driven search engine, if ever there was one. Founded in 1996, Ask Jeeves featured a well-dressed valet who supposedly fetched search results and was able to understand questions posed in everyday phrasing. … Ask Jeeves lasted until roughly 2005, when it was rebranded as Ask.com.
Is Zizzi going bust?
Azzurri Group, the owner of Zizzi and Ask Italian, has been sold out of administration to US investment firm, TowerBrook Capital Partners. … CEO of the group remarks: ” The Covid-19 crisis has had a profound impact on the casual dining sector, bringing many businesses like ours to a standstill.
Why is ask closed?
Azzuri Group, which owns both Ask and Zizzi restaurant chains, announced in July that 75 restaurants would be permanently closed because of the impact of the pandemic, causing 1,200 jobs to be axed.
Is Coco di Mama Zizzi?
Virtual delivery brands
With a network of ASK and Zizzi kitchens up and down the country, Coco di Mama has been expanded as a virtually delivery brand, initially just in outer London, then to commuter towns, and now throughout the whole country.
Is ask in administration?
Ask Italian and Zizzi’s owner Azzuri Group
The owner of Ask Italian and Zizzi pizza chains will not reopen around 75 of its restaurants following the coronavirus pandemic, resulting in the loss of up to 1,200 jobs.
Is Azzurri group in administration?
Will Wright, Chris Pole and Steve Absolom from KPMG’s Restructuring practice were appointed joint administrators to Azzurri Group on 17 July 2020. Like many other companies across the casual dining sector, the Group has been significantly impacted by the COVID-19 pandemic and resulting lockdown.