It is thought Pizza Express is also working on a wider restructuring that could see the group taken over by its lenders as part of a debt-for-equity swap. The rescue deal has seen the Azzurri group put into administration after owner Bridgepoint hired specialists at KPMG to explore future options. It is understood the final number of its 490 UK and Ireland restaurants under threat of closure will depend on these talks as part of the so-called company voluntary arrangement (CVA). Italian Translation of “closure” | The official Collins English-Italian Dictionary online. Cheltenham Prom. ZIZZI and ASK Italian's owner is to permanently close 75 restaurants impacting up to 1,200 jobs, it has been announced tonight. finito. “Despite being a successful operator, the immediate loss of revenue during lockdown meant that we have had to make some incredibly difficult decisions to protect the business for the long term. Our. It added: "We'd like to thank you for your regular custom." colmato chiusura chiudere chiude closed chiusero chiudono. (41819875) "It is with deep sadness that we confirm ASK Italian Bury St Edmunds is now closed." PIZZA lovers have taken another hit as it was confirmed that about 75 Ask Italian and Zizzi branches will remain closed, with the loss of 1,200 jobs. Pod will switch to delivery only. Holmes said TowerBrook was a “strong new partner”. Frankie and Benny's owner The Restaurant Group put up to 3,000 jobs on the line after announcing it was going to close 125 sites, and Bella Italia and Cafe Rouge owner Casual Dining Group said it would close 91 restaurants after calling in administrators. Adjective Other. 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. Islington. serrato. Watford. Full list of closures. formular. Translation of "closed" in Italian. Azzurri saw restaurant sales rise 7% to £299million last year but made a loss of £16.3million. It is with deep sadness that this process will result in the permanent closure of a number of sites and that we must say goodbye to greatly valued employees across our brands.”. This page contains a list of (and links to) Base Realignment and Closure (BRAC) sites, organized by EPA Region. Baker Street. You’ll find lots of choice including our made-for-sharing antipasto boards, stone baked pizzas, fresh pasta and desserts. The closures come amid a shake-out in the casual dining sector leading to the loss of thousands of jobs. Sometimes they’ll include recommendations for other related newsletters or services we offer. 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Steve Holmes, the chief executive of Azzurri Group, which also owns the Coco di Mama and Pod fast-food chains, said in a statement: "The Covid-19 crisis has had a profound impact on the casual dining sector, bringing many businesses like ours to a standstill. roteng96 1 1. Bella Italia. Blackpool Church. You can unsubscribe at any time. 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. TowerBrook is investing £70m to support Azzurri and plans to reopen 40 pizza restaurants next week, followed by its Coco di Mama chain and more Ask and Zizzi sites later in the summer. (Image: Doug Peters/EMPICS Entertainment), When you subscribe we will use the information you provide to send you these newsletters. Italian words for closed include chiuso, sciolto, richiuso, chiudeva, chiusa, chiusi, chiusero, richiuse, chiudevano and chiuse. The move should safeguard the rest of the Azurri group business but several restaurants across the UK must close. explains more about how we use your data, and your rights. The Pod fast-food chain will become delivery only, it is understood. Express. The group is in negotiations that may see Chinese private equity owner Hony Capital hand control of the UK arm to bondholders, according to reports late on Wednesday. It will then open some Coco di Mama outlets before opening more Ask Italian and Zizzi restaurants later this summer. Asking questions in Italian is really easy: it's just a matter of tone. Bury St Edmunds has also been taken off the chain's list of locations on its website. List of closures as Bella Italia, Cafe Rouge and Las Iguanas go bust with 1,900 jobs lost Jobs could be at risk at the Birmingham and Solihull branches of the popular restaurants birminghammail Pizza Express declined to comment yesterday. 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. It was previously owned by the Gondola Group, which also owned Zizzi and ASK Italian, before offloading those chains in the same year. Restaurants have been knocked hard by the lockdown and pandemic, with a raft having announced closures and jobs losses in recent weeks after seeing sales decimated. writer. italian favourites . Cambridge. Zizzi and Ask Italian are owned by the Azzuri Group. Earlier this month Casual Dining Group, which operates brands including Las Iguanas, Bella Italia and Café Rouge, announced plans to close 91 sites with immediate effect ; while multi-brand operator The Restaurant Group entered a company voluntary agreement (CVA) to exit 125 unviable sites . Bury St Edmunds, Suffolk. 5 November 2020. Two popular pizza chains have announced plans to shut 75 restaurants nationwide. richiuso. Pizza Express also has sites overseas and is thought to employ around 8,000 people in the UK. We look forward to welcoming customers back in the near future and to our next chapter with optimism.”, Pizza Express to close up to 75 restaurants, risking 1,000 jobs, UK fast-food and coffee chains cut prices as VAT relief comes into effect, Sign up to the daily Business Today email. Azzurri Group, the company behind restaurant chains Zizzi and Ask Italian, is to permanently close 75 outlets, threatening up to 1,200 jobs. About 225 restaurants and shops are being bought by TowerBrook, protecting 5,000 jobs. Sliced up: Ask Italian and Zizzi pizza chains cut 75 restaurants following the coronavirus pandemic, causing loss of up to 1,200 jobs. Ask Italian restaurant. The group is working on a a rescue deal and restructuring to weather the crisis, which is set to see it hold talks with landlords to shed hard-hit eateries and slash rents, according to Sky News. Newbury. rinchiuso. risolto. racchiusa. 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. Steve Holmes, the chief executive of Azzurri Group, which also owns the Coco di Mama and Pod fast-food chains, said: “The Covid-19 crisis has had a profound impact on the casual dining sector, bringing many businesses like ours to a standstill. The eating out sector has been hit hard by the coronavirus lockdown. "I am confident that, under TowerBrook’s ownership, Azzurri will navigate the period ahead successfully. The Bundesnetzagentur's list of power plants and the information on new plant capacity and plant closures are updated on a regular basis. Find more Italian words at wordhippo.com! Azzurri operates 311 restaurants and shops in the UK, three in the Republic of Ireland and one in Shanghai. This comes as Pizza Express prepares to close a possible 75 restaurants, putting more than 1,000 jobs at risk. "Despite being a successful operator, the immediate loss of revenue during lockdown meant that we have had to make some incredibly difficult decisions to protect the business for the long term. The owner of restaurant chains Ask Italian and Zizzi is to close 75 restaurants for good. The rescue deal, which involved putting the loss-making Azzurri group into administration, comes after owner Bridgepoint, which bought Ask and Zizzi for £250m in 2015, hired advisers at KPMG to look at options for the future its restaurant empire. Earlier we reported how the company was drawing up a rescue takeover sale to a private equity firm through what is known as a pre-pack administration. 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