Another big closure has been announced on the Shanghai F&B scene, with Hakkasan closing its doors for good yesterday. Part of one of the flashiest, hot-shot Chinese chains in the world, it opened in Bund 18 in 2014 and was known for such opulence as caviar topped Beijing roast duck and Champagne brunch sets. Here’s their statement:
The impact of COVID-19 on our global operations has forced us to evaluate the viability of our venues and make a number of prudent yet difficult business decisions to reduce our footprint. To preserve the long-term stability of our business, we plan to permanently close Hakkasan Shanghai effective Monday April 13. This decision will enable us to reduce our portfolio and focus on the remaining venues. We remain committed to crafting remarkable experiences for our guests and look forward to welcoming them back to our other worldwide properties once they are safe to reopen.
Sadly, we can’t see this being the last closure of the epidemic.
[Cover image via Betty Richardson/That’s]