Gaucho
Detailed reporting on the growth, positioning, and leadership strategy of one of the UK’s most prominent premium dining brands. This section covers executive moves, restaurant openings, marketing campaigns, menu innovation, and sustainability commitments across the group. For operators, chefs, and hospitality executives focused on upscale dining, brand reinvention, or city-centre expansion, this coverage offers insight into how a high-end concept navigates evolving consumer expectations and competitive pressures.
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Oct- 2018 -29 OctoberBusiness
Profits at top 100 UK restaurant groups plunge 80% to £37m in a year
The total pre-tax profits at the UK’s top 100 restaurants have plummeted by 80% in the last year to £37m, down from £194m 12 months ago according to accounting firm UHY Hacker Young. The drop means that pre-tax profits at the UK’s top 100 restaurant groups have fallen 89% from…
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25 OctoberPeople
M Restaurants’ CEO to lead Gaucho through next phase
Martin Williams, CEO of restaurant group M Restaurants, will be leading steak chain Gaucho through its next phase after the business was bought out of administration. Gaucho was acquired by newly formed company Lomo Bidco – owned by Gaucho creditors Investec and SC Lowy – and the firm will support…
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Sep- 2018 -24 SeptemberRestaurants
Gaucho approves CVA proposal
Restaurant chain Gaucho is preparing for sale after 99% of its creditors approved a company voluntary arrangement (CVA) proposal. The news was confirmed by Deloitte, the administrators for Gioma, the legal entity operating as Gaucho. The CVA, which was launched 5 September, will save Gioma from administration and enable the…
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6 SeptemberRestaurants
700 jobs saved as Gaucho is rescued from collapse
Embattled restaurant chain Gaucho has been sold saving over 700 jobs and preventing the the company from falling into administration. Deloitte, the appointed administrators for Gaucho, announced the chain had been purchased by newly created company Lomo Bidco – established by Gaucho’s lenders, Investec Bank and SC Lowy. Some 22 outlets…
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Aug- 2018 -8 AugustRestaurants
Former The Ivy owner in bid to save Gaucho
Restaurant investor and former owner of The Ivy, Luke Johnson, has been revealed as one of the bidders seeking to save Gaucho from administration. The steak chain entered administration in July, leading to the closure of its sister chain Cau and according to reports Johnson is looking to purchase Gaucho…
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7 AugustOpinion
Is the demise of restaurant chains a good thing for local independents?
The Gaucho restaurant group is the latest in a list of chain restaurants to appoint administrators or announce restructuring and branch closures. The news, including the closure of their 22 Cau restaurants follows on from the restructuring of Jamie’s Italian, Prezzo, Café Rouge, Byron and Strada. In my home city…
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Jul- 2018 -27 JulyRestaurants
More restaurant groups to fail before year-end, analysts predict
At least two or three more restaurant groups are expected to fall before the end of 2018, analysts from real estate agents Christie and Co have predicted. In the first half of 2018, a number of high profile operators have turned to company voluntary arrangements (CVAs) as a means to…
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19 JulyBusiness
Gaucho closes its Cau chain causing the loss of 540 jobs
Gaucho has announced it has closed its Cau chain, cutting 540 jobs as it enters a Company Voluntary Agreement (CVA). Deloitte has been appointed by the steak firm to lead the firm through the administration process. Cau was described by Deloitte as “significantly loss-making” after three consecutive years of falling…
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18 JulyRestaurants
Gaucho on the verge of administration
Argentine restaurant group Gaucho is reportedly on the verge of entering administration as it has failed to secure a rescue deal. Sky News reported that the struggling chain has filed a notice of intention to appoint Deloitte as its administrator and could make an announcement as soon as Wednesday afternoon…
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9 JulyBusiness
Trio of bidders including Osmond queuing up for Gaucho
Hugh Osmond’s eponymous Osmond Capital group is said to be one of three companies bidding for struggling steak chain Gaucho. Osmond is thought to have bid less than the £50m owed by Gaucho to its creditors, and according to Sky News, is competing with Core Capital and Limerston Capital for…
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