
Veeno Faces Administration, Five Locations at Risk
About this episode
Veeno, the Italian bar and restaurant chain, faces administration due to escalating costs, putting their Leicester city center location and others at risk. Founded in 2009, Veeno expanded across UK cities and Poland, but recent closures in Manchester and Chester signal the challenges of the competitive casual dining scene. Administrators from Exigen Group are now managing Vintage Corporation, Veenos operating company, in hopes of a more stable future.
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Leicester News Today | 2 Min News | The Daily News Now! — Veeno Faces Administration, Five Locations at Risk. Machine-transcribed; use the interactive transcript above to jump the player to any line.
0:00It's April 15th. You're listening to Lester News today, AI-powered local news. I'm Cory with the story. Vino, that Italian bar and restaurant chain with a spot right in Lester City Center, just hit administration thanks to skyrocketing costs eating into their margins. They called in administrators on Wednesday, April 8th to try and save the business, putting their five remaining spots, including the one at St. Season, Martin Square, that opened back in 2016 on the chopping block. Founded 13 years ago by Sicilian entrepreneurs, Nino Caruso and Andrea Zakino, Vino spread across UK cities like Bristol, Durham, Edinburgh, Leeds, and even hit Poland with a site in Rokla. They've already shuttered two locations recently, Manchester last August, and Chester this February after battling the same tough casual dining scene that crushed so many others. Administrators David Kemp and Richard Hunt from Exigent Group are now steering vintage corporation, Vino's operating company, as noted in the London.
1:03Gazette echoing a 2019 rescue that kept him alive before, so fingers crossed his real lines things for a steadier run ahead.
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