Jamie Oliver's restaurant chain has become the latest to collapse into administration. READ MORE:* Jamie Oliver promises a New Zealand restaurant is on the horizon* Jamie Oliver's restaurant woes* Jamie Oliver ditches plan to open restaurant in WellingtonSUPPLIED Celebrity chef Jamie Oliver wanted to open restaurants in New Zealand before the Australian arm of his chain started struggling last year. Jamie Oliver Restaurant Group (Australia) bought six restaurants from Keystone Hospitality Group in March 2017 but just over a year later his own company collapsed and was placed in voluntary administration. Jamie Oliver — Jamie Oliver (@jamieoliver) May 21, 2019Bidois said the British hospitality industry had been in "freefall" for some time, due to intense competition, combined with rent rises, higher business rates and increasing food prices. But the issues that plagued the Jamie Oliver chain, such as competition and high rents were also challenges the New Zealand restaurants faced.

Source: Stuff May 22, 2019 00:22 UTC