A hospitality institution that ran a drawstring of fashionable bakeries astir Brisbane has collapsed with 90 unit reportedly being fto go.
BCN Events Group fell into voluntary liquidation connected Tuesday.
The institution is owned by award-winning chef Shannon Kellam and had 7 venues that person each closed up shop.
The affected businesses see the Lumiere Culinary Studio successful Newstead, Mica Brasserie successful Newstead and the fashionable King Street Bakery successful Bowen Hills.
A hospitality institution that ran a drawstring of fashionable bakeries, including King Street Bakery, astir Brisbane has collapsed with 90 unit reportedly being fto go
The institution is owned by award-winning cook Shannon Kellam and had 7 venues that person each closed up shop
It's understood 90 unit members crossed the venues person been terminated.
Mark Holland, Jamie Harris and Anthony Connelly of restructuring steadfast McGrath Nicol person been appointed arsenic liquidators.
'We mean to enactment with staff, customers and suppliers during this hard time,' Mr Holland said successful a statement.
'At this preliminary stage, BCN Events appears to beryllium a casualty of the headwinds facing the hospitality industry.
'In the meantime, we regret to counsel determination volition beryllium a disruption to the group's ongoing operations and well-known Mica (Newstead and CBD) and King Street Bakery establishments volition stay closed.
'We are presently undertaking an urgent appraisal to see options available.'
A commercialized room the institution besides ran successful Brisbane has been unopen down, arsenic good arsenic the Kneadery successful Newstead.
Mr Kellam besides owns the Mica Express cafe astatine the Brisbane Airport and the French good eating edifice Montrachet which are some unaffected by the liquidation.
It's understood BCN Events Group suffered a $150,000 erstwhile floods successful February, 2022 near past businesses without immoderate power.
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