Why is Zizzi called Zizzi?

But rather, er, it means prick. Yep, Zizzi means prick in France – apparently/allegedly/potentially, anyway.

Are Zizzi and Prezzo the same company?

The first owner of the Prezzo business was Jonathan Kaye In 2008 Jonathan hired cousins Adam Kaye and Samuel Kaye (sons of Philip Kaye) to join Prezzo plc’s board of directors. Adam and Samuel founded Ask (restaurant) and Zizzi.

Who is Zizzi owned by?

The Azzurri Group
The Azzurri Group. The Azzurri Group is one of the UK’s largest and most successful casual dining businesses. We operate two leading national Italian brands, Zizzi and ASK Italian, and the UK’s leading quick-service Italian, Coco di Mama.

How many Zizzi restaurants are in the UK?

Since first opening our doors and firing up our signature pizza ovens in Chiswick over 20 years ago we’ve opened over 130 restaurants across the UK & Ireland, each individually designed with touches unique to the local area and perfect for all occasions.

Who owns Prezzo?

Prezzo Holdings
TPG
Prezzo/Parent organizations

Did Zizzi go bust?

Azzurri Group, the owner of Zizzi and Ask Italian, has been sold out of administration to US investment firm, TowerBrook Capital Partners. The deal will keep 225 restaurants open and maintain around 5,000 jobs, but 75 will not reopen.

Is Zizzi closing?

Zizzi and Ask Italian are set to permanently close 75 of their restaurants, putting up to 1,200 jobs at risk. Azzurri Group, the owner of the two chains, has been pulled from administration by US investment firm TowerBrook Capital Partners after the coronavirus crisis rocked the industry.

Who is ASK Italian owned by?

Ownership. In February 2015, Bridgepoint Capital bought ASK Italian along with its sister brand Zizzi from Cinven in a transaction totalling £250 million.

Who owns Pizza Express?

Hony CapitalPizzaExpress / Parent organization

Why has Prezzo closed?

Currently, all 178 of Prezzo’s restaurants are closed to customers due to the ongoing Covid-19 lockdown restrictions. Out of the past 52 weeks, the chain has only been able to operate for 25 weeks in total, but has seen fixed costs and rent accumulate, Cain International said.

Why is Zizzi closed?

Why is Ask Italian closed?

“Despite being a successful operator, the immediate loss of revenue during lockdown meant that we have had to make some incredibly difficult decisions to protect the business for the long-term.

Why are Zizzi closed?

Why is it called Ask Italian?

The name can be construed either as the founders’ initials or as an acronym for “Authentic Sicilian Kitchen”. ASK was the chain’s original name, it was rebranded as ASK Italian from 2010.

Is Pizza Express still in debt?

PizzaExpress has £1.1bn of loans with some £665m of the debt formed of corporate bonds, which must be repaid starting in 2021. It was reported last month that a handful of hedge funds, including CarVal and Cyrus Capital, had begun buying into the debt-laden dining chain’s heavily discounted corporate bonds​​.

Why is Pizza Express in debt?

The company is saddled with a mountain of debt – debt that is eating their profits and leaving the business technically insolvent. And now the latest news is that the company is hiring financial advisers to help negotiate a deal with its creditors.