Patisserie Valerie admits there is ‘much still to do’ in short-term turnaround

Patisseries Valerie's new management team has said "there remains much to do" to catch up on a significant backlog of unpaid invoices. The retailer nearly collapsed in October after it was found to have significantly overstated how much cash it had. Several investigations are ongoing to find out when this started, and by whom, as well as understanding how it was not uncovered by the company's board or auditors. Shares in Patisserie Valerie have been suspended since October 10 and the group has provided little in the way of pu... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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