Restoration. Flunch in great difficulty demands to be placed under protective proceedings


The French restaurant brand Flunch (Mulliez Group) with 227 restaurants has applied to be placed under protection 'in order to face the major difficulties related to the health crisis,' it announced on Wednesday.

1,300 jobs threatened

Of almost 5,000 employees, 'a maximum of 1,300 jobs should be affected' by the project to 'resize' the brands restaurant park, from which around sixty companies could leave, with the option of opening a PSE after consultation with staff representatives, 'said the company in an explanation.

The company recorded a nearly € 212 million (or -57{7d3485657e94c2a51293ca186d4450b2f27c317aa7ee3509dac6c8bbf5461118}) drop in sales in 2020 compared to 2019 due to the Covid and successive restrictions.