The Veeno wine bar chain has entered administration for the second time in seven years.
A discover posted to the London Gazette detailed that Veeno’s working firm, Vintage Corporation introduced in David Kemp and Richard Hunt of Exigen Group on 8 April to handle the administration.
Veeno at the moment operates 5 websites at Bristol, Durham, Edinburgh, Leeds and Leicester, however closed its Chester location earlier this yr.
The group was based in Manchester in 2013 by Nino Caruso and Andrea Zecchino.
Caruso informed The Sun: “Like many companies within the UK informal eating sector, we have now confronted a mix of well-documented market pressures in recent times, together with rising working prices and challenges throughout the property panorama.
“This process allows us to address those factors, realign the business and ensure a more sustainable foundation for the future.”
At its peak, Veeno was working 15 wine bars, and in 2018 introduced plans to open 12 new branches, appointing Cedar Dean Commercial, a part of property agency Cedar Dean Gilmarc, to supervise its enlargement technique.
However, Zecchino stepped down that yr and closures of premises in Harrogate and a Norwich franchise quickly adopted.
Veeno first fell into administration in 2019, earlier than 9 websites had been purchased out in a pre-pack deal by former Walt Disney government Rodrigue Trouillet, who had initially joined the corporate the yr earlier than as business director, then subsequently turned co-owner as a part of rescue package deal.
Its authentic Manchester location was shuttered in 2022.
The chain serves wines produced in Caruso’s household winery, Caruso & Minini, in Marsala, Sicily alongside pizza, pasta and platters of spuntini (platters of Italian meats and cheeses).
