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RamsayWire

2009_03_gordocooking.jpgGiven the news earlier this week, many are reflecting upon Gordon Ramsay's business model of investing millions in his hotel restaurants, as opposed to letting the hotels themselves invest/reap rewards: "In times of plenty it proved to be a very profitable model indeed, with Gordon Ramsay Holdings posting very healthy profits – whenever they got round to submitting their accounts. However it takes only a slight downturn in business for things to go the other way ... The truth is that Gordon Ramsay Holdings has proved itself to be brilliant at managing success, but rather less so at managing failure." [Guardian, previously]

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