'Business as usual' at Gaucho DIFC despite UK administration plan

Dubai restaurant safe as upmarket chain of steakhouses seeks to appoint administrators in the UK
By Sam Bridge
Thu 19 Jul 2018 02:18 PM

The Dubai outlet of Gaucho, the upmarket chain of steakhouses, will not be affected by the UK-based restaurant firm's plan to appoint administrators.

About 1,500 jobs are reported at risk after the Gaucho restaurant group failed to find a buyer for the 39 restaurants in the Gaucho and Cau chains.

However, a spokesperson said it is "business as usual" at the popular Gaucho DIFC in Dubai's financial hub.

A statement said: "In terms of Gaucho DIFC, it is absolutely business as usual. The administration is of the UK businesses and not of the international business, which does not come under the same legal structure. Gaucho DIFC is, as ever, a delicious haven away from the heat."

Gaucho DIFC opened in 2011 as part of plans to spend as much as $120 million on expanding its brand in the region.

The London-based firm said at the time it was looking to open 10-15 restaurants across the GCC and Turkey.

Gaucho, which specialises in Argentinean steaks and fine wine, has 12 restaurants in London, with other outlets in Birmingham, Leeds, Manchester, Edinburgh, Dubai and Hong Kong.

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Last Updated: Thu 19 Jul 2018 02:24 PM GST

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