A portfolio of restaurant brands including Rockpool recently taken over by lenders has reported a $288 million loss as it struggles under a high debt load.
The hospitality empire, now called Pacific Hunter, grew out of celebrity chef Neil Perry’s high-profile Sydney steak restaurant, Rockpool. It includes Spice Temple, Sake, Fratelli Fresh, El Camino Cantina and Beerhaus. Sixteen of its venues closed over the 2023-24 financial year and the group reported a $76 million loss in 2022.
Loading...
Primrose Riordan covers private companies and family offices from the AFR's Sydney newsroom. Primrose was previously a correspondent for the Financial Times and covered foreign affairs and politics in Canberra. Primrose has won multiple awards for her journalism including from The National Press Club, SABEW in the US and Press Gazette in the UK. Message Primrose on Signal: https://tinyurl.com/PrimroseSignal Connect with Primrose on Facebook and Twitter. Email Primrose at primrose.riordan@afr.com
