LPQ temporarily closed all of its U.S. locations after the pandemic hit in March, and filed for Chapter 11 bankruptcy roughly two months later in May, a move it had planned even before the pandemic, court filings show.Nov 3, 2020
Who owns Lpq?
Aurify Brands LLC
Is Pain Quotidien out of business?
In June, Le Pain Quotidien sold all 98 of its U.S. locations to Aurify for a paltry $3 million. LPQ temporarily closed all of its U.S. locations after the pandemic hit in March, and filed for Chapter 11 bankruptcy roughly two months later in May, a move it had planned even before the pandemic, court filings show.Nov 3, 2020
Who bought Pain Quotidien?
Aurify Brands
What happened to Maison Kayser?
March 2, 2021. My job would have been eliminated no matter what happened.” After closing all of their bakeries in March, Maison Kayser USA declared bankruptcy last September. They have since been bought out by Aurify Brands, which will transform their boutiques into Le Pain Quotidien locations, their former rival.Mar 2, 2021