Tuesday, 18 October 2011

Gordon Ramsay quits Dubai and Versace resort developer pulls out « ArabianMoney

Two giant global brand names are exiting Dubai business ventures in unrelated moves linked to the global economic downturn and a consolidation of business groups into their most profitable core divisions: Gordon Ramsey and Versace resort developer Sunland.

The foul-mouthed reality TV star chef Gordon Ramsey’s Verre restaurant in the Hilton Creek will close later this month, ten years after opening in Dubai. Verre was a hit in the Dubai boom years but like fine dining around the world has struggled since the global financial crisis of three years ago.

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