Prive Group shuts all outlets in latest hit to F&B industry
Restaurant operator Prive Group has closed all its restaurants and will appoint an independent financial advisor to handle the next steps. Suppliers have been told to expect further contact directly from this advisor. Meanwhile, two of its outlets will continue operations under the management of F&B group Commonwealth Concepts. Ivy Chok reports.
Restaurant operator Prive Group has closed all its restaurants and will appoint an independent financial advisor to handle the next steps. Suppliers have been told to expect further contact directly from this advisor. Meanwhile, two of its outlets will continue operations under the management of F&B group Commonwealth Concepts. Ivy Chok reports.