Jamie Oliver loses his empire: How it went so wrong for chef

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Jamie Oliver is worth about $260 million and lives in a $17 million property but he could do nothing to stop his restaurant empire from collapsing.

, with all but three of his Jamie’s Italian, Barbecoa and Fifteen outlets shuttered.

“Experience-based dining is now a massive market — every meal needs to be good enough for Instagram at the very least,” Simon Quirk, a consumer specialist at data and insight specialist company Kantar toldOliver rapidly grew but failed to evolve his offering since the launch of Jamie’s Italian in 2008, followed by the Recipease cooking school and deli chain in 2009 and barbecue chain Barbecoa in 2011, off the back of hisJamie's Italian restaurant near London Bridge in London.

In 2017, after making the decision to shutter six Jamie’s Italian restaurants, Oliver in part blamed Brexit for his company’s financial difficulties. “You have quarterly meetings. You do board meetings. People supposed to manage that stuff should manage that stuff.” She said there was also a divide between Oliver’s relatable image and his staggering fortune, estimated to be around $441 million.

 

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Maybe he could have employed nicer Local employees & better portions & actually looked at his stores instead of focusing on money profits AusNews wanews Jobs food

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