US EditionPublished ā¢ loading... ā¢ Updated
Veeno Bars Administration: Popular Leeds Italian Wine Bar at Risk as Restaurant Firm Falls Into Administration
The casual dining chain entered administration for a second time as rising costs and property pressures strain the UK hospitality sector.
- Italian restaurant chain Veeno Bars entered administration on April 8 with all five UK restaurants at risk of closure. The chain has aimed since 2013 to help customers 'savour the best of Italy's food and wine traditions.'
- Founder Nino Caruso told The Sun the company faced 'well-documented market pressures in recent years, including rising operating costs and challenges within the property landscape.' The chain had already closed its Manchester branch in August 2022 and Chester location in February this year.
- This marks the second administration; the chain previously collapsed in 2019 before being rescued when Rodrigue Trouillet purchased the business and prevented closures. That prior intervention now appears temporary.
- On Monday, the London Gazette confirmed David Kemp and Richard Hunt of Exigen Group Limited were appointed as joint administrators for Vintage Corporation Ltd, Veeno's legal operating company. The five venues span Bristol, Durham, Edinburgh, Leeds and Leicester.
- Veeno's collapse reflects a broader 2026 retail crisis; major chains including River Island, Primark and Poundland have been forced to close stores, while Revolution and BrewDog have shut 21 and 38 pubs respectively. Recent closures also include Russell & Bromley, Moores and Claire's.
Insights by Ground AI
24 Articles
24 Articles
The Herald Scotland+15 Reposted by 15 other sources
Italian restaurant chain enters administration with all UK venues at risk of closure
An Italian bar and restaurant chain that has venues across the UK has entered administration.
Ā·Scotland, United Kingdom
Read Full Article
Coverage Details
Total News Sources24
Leaning Left2Leaning Right4Center14Last UpdatedBias Distribution70% Center
Bias Distribution
- 70% of the sources are Center
70% Center
Ā
C 70%
R 20%
FactualityĀ
To view factuality data please Upgrade to Premium
