Posted: 11/04/2019

Abondance in liquidation just months after £100k upgrade

Spitalfields-based Abondance cited cost and currency pressures as part of the reason for its decision to wind up the business

London cheese shop and wholesaler Abondance, which previously traded as Androuet, has gone into liquidation just a few months after rebranding and investing £100,000 in a major restructure.

Owners Leo and Alex Guarneri blamed the shock news on a combination of rising costs, the fall in the value of sterling and staffing problems. 

The brothers started the business in Old Spitalfields Market 10 years ago, trading under licence from the famous Parisian fromager Androuet, but cut ties with the French business in November to rebrand as Abondance. 

The shop was refurbished at the same time with a new dining and events room, plus a greater focus on British cheeses to offset rising prices for French cheeses and counteract the possible effects of Brexit. 

The maturing and wholesale business was moved to a space at the headquarters of premium fruit and veg wholesaler Mash in Acton, with plans to work with Mash to expand the cheese company’s wholesale operation, which included 100 restaurants in the Capital, such as Brawn, Galvin and Roux at the Landau. 

Instead, Abondance was forced to shut its doors at the beginning of March and called in business recovery service Leonard Curtis, which put the company into Creditors’ Voluntary Liquidation. 

“Last year has been very hard, due to basic cost increase [sic], lower sterling value, and staff recruitment difficulties,” said the Guarneris in an emotional post on social media. “We grew so much in this big city, took many lessons, made hard mistakes and experienced invaluable moments during this journey.”

This story appeared in the April issue of Fine Food Digest. You can read more on the digital edition here.

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