Gordon Ramsay's Restaurant Losses Surge to £3.4m Despite Revenue Growth
Friday, 10 May 2024, 12:24
Gordon Ramsay's Losses and Revenue
Celebrity chef Gordon Ramsay's restaurant empire reported a significant rise in losses to £3.4m, attributed to investment in five new restaurants. Despite a revenue increase of 21% to £95.6m, challenges such as escalating rent and food costs persist.
Staff Expansion and Pandemic Impact
The group hired 290 more employees following a difficult period during pandemic lockdowns, indicating resilience and adaptation within the industry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.