Sir Terence Conran’s restaurant group calls in administrators

Three remaining Prescott & Conran outlets suffer from weak consumer demandSir Terence Conran’s restaurant group has called in administrators as the sector suffers from weak consumer demand.The 86-year-old design and restaurant mogul’s Prescott & Conran business, which he set up with colleague Peter Prescott in 2006, had three remaining outlets: Lutyens in Fleet Street; Parabola in Holland Park and Albion in Clerkenwell. Continue reading…
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