Tuesday 20 August 2019

Patisserie's newly-opened Irish cafes making dough indicating expansion potential

Two Patisserie Valerie outlets opened in Ireland in recent months
Two Patisserie Valerie outlets opened in Ireland in recent months
John Mulligan

John Mulligan

Two new outlets opened in Dublin by London-listed bakery and cafe chain Patisserie Holdings have performed ahead of expectations, boosting the likelihood of further expansion here.

Patisserie Holdings is co-owned by Luke Johnson, its executive chairman. He formerly owned Pizza Express and the company that owned The Ivy and the Belgo chain. Releasing full-year results yesterday, the group said it opened two Patisserie Valerie cafes in Dublin in recent months.

They're both located in Debenhams outlets, in Blanchardstown and Henry Street. In the previous financial year, it opened its first store outside Britain, in Belfast.

"We opened 20 new stores, many of which are performing ahead of expectations, and the performance of our new bakeries in the Republic of Ireland is encouraging," said Mr Johnson.

The Patisserie Valerie outlet at Blanchardstown Shopping Centre opened in May, and was the first outlet in the Republic of Ireland. The second opened in August.

Since they opened, the outlets have generated combined sales of £361,000 (€404,000), to the end of September.

Irish Independent

Also in Business