Following the announcement in the United States that Ruby Tuesday restaurant chain was entering what’s known as Chapter 11 Bankruptcy to ‘restructure’ it’s business.
Managing Director of Ruby Tuesday in Hong Kong Leslie Bailey released the following statement today 8 October:
“Ruby Tuesday Inc. in the US has filed for bankruptcy protection as it seeks to stabilize its finances during the pandemic. Do know that this does not affect Ruby Tuesday Hong Kong, we are an independent franchisee, and although we all share the pain of the COVID-19 pandemic, this event in the US does not impact our restaurant operations in Hong Kong.
We opened two new restaurants last year, and one in January this year. In addition to this, and to underscore our commitment and belief in Hong Kong, we continue our expansion and, we will open a new flagship restaurant before CNY.”
Ruby Tuesday Hong Kong have five restaurants in Hong Kong: Causeway Bay, Quarry Bay, Tsim Sha Tsui, Tsuen Wan, Kowloon Bay
