700 jobs at risk as Gaucho-owned brand faces closure
Steak restaurant chain Cau is the latest business to fall foul of the unforgiving trading conditions on the high street.
According to reports the Argentine restaurant group Gaucho is considering closing its 22 Cau steakhouses with the loss of 700 jobs as part of a Company Voluntary Arrangement (CVA).
Cau has two West Midlands restaurants, in Brindleyplace in Birmingham and Leamington Spa.
Advisory firm KPMG has been called in to look at various option for the future of the brand which was launched in 2010.
Cau, along with ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...