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Abokado is a fast food chain based in the United Kingdom.
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The chain was founded by Mark Lilley and his wife Lindsay in 2004, with the first store opening in London's Covent Garden.[1][2]
As of September 2015 it had 26 stores in London. In September 2015, Mark Lilley, director of Abokado, announced that they would be following Jamie Oliver's example and introduce a sugar tax on sweetened drinks sold in the chain.[3]
In 2019, the company announced it will be launching a Company Voluntary Arrangement (CVA), after having suffered a "significant sophisticated online banking fraud" in July.[4] At present, it is unclear how many sites of the brand will be closed under the CVA.[5]
The company was sold in a pre-pack administration in October 2020; as a result of the impact of COVID-19. Founder Mark Lilley is CEO of the new owners, Montway Holdings Ltd.
References edit
- ^ "Brand Insight: Abokado". lbbonline.com.
- ^ "MCR - Abokado". mcr-systems.co.uk.
- ^ Sarah Boseley (3 September 2015). "Jamie Oliver's sugar tax campaign joined by Abokado". the Guardian.
- ^ "Abokado falls victim to bank fraud & launches CVA". www.caterlyst.com. 20 September 2019. Retrieved 18 October 2019.
- ^ Stagg, James (10 September 2019). "Abokado to enter CVA after banking fraud magnifies poor sales". The Caterer. Retrieved 18 October 2019.
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