Pret A Manger ‘punished’ for ‘failing to focus abroad’

Pret A Manger store sign
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UK-founded businesses such as Pret A Manger that “fail to focus abroad” are being “punished”, said Knoops CEO
William Gordon-Harris.

Taking to the social media platform LinkedIn, the British chocolate café chain and retailer’s chief executive criticised the lack of support for UK-focused businesses, warning that it is holding back domestic growth.

Gordon-Harris said it was “disappointing” to see weak UK growth figures in July, and that many UK-founded brands are being forced to expand internationally, “where both the capital and investor interest lie”.

Calling it a “sad fact”, he pointed to café chain Pret’s recent write down in value, adding “consider that 75% of its income is still derived from the UK 25 years after opening its first international store.”


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“This punishment for having a UK focus is a disaster for domestic UK growth,” he said, before questioning “why a fast-growing brand potentially employing hundreds of new staff each year would focus on the UK.”

The CEO’s comments follow Pret-owner JAB Holding in June eyeing bringing in new investors ahead of a possible stock market listing for the sandwich and coffee chain.

Speaking at the time, JAB said it is “not currently” selling any shares in Pret, however added: “As we move closer to a potential IPO, we may evaluate bringing on a pre-IPO investor.”

Last week, Pret began trialling a new meal deal formats across its UK stores in the final quarter of 2025, offering combinations such as a croissant with a drink or a sandwich, drink, and crisps.

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Pret A Manger ‘punished’ for ‘failing to focus abroad’

Pret A Manger store sign

UK-founded businesses such as Pret A Manger that “fail to focus abroad” are being “punished”, said Knoops CEO
William Gordon-Harris.

Taking to the social media platform LinkedIn, the British chocolate café chain and retailer’s chief executive criticised the lack of support for UK-focused businesses, warning that it is holding back domestic growth.

Gordon-Harris said it was “disappointing” to see weak UK growth figures in July, and that many UK-founded brands are being forced to expand internationally, “where both the capital and investor interest lie”.

Calling it a “sad fact”, he pointed to café chain Pret’s recent write down in value, adding “consider that 75% of its income is still derived from the UK 25 years after opening its first international store.”


Subscribe to Grocery Gazette for free

Sign up here to get the latest grocery and food news each morning


“This punishment for having a UK focus is a disaster for domestic UK growth,” he said, before questioning “why a fast-growing brand potentially employing hundreds of new staff each year would focus on the UK.”

The CEO’s comments follow Pret-owner JAB Holding in June eyeing bringing in new investors ahead of a possible stock market listing for the sandwich and coffee chain.

Speaking at the time, JAB said it is “not currently” selling any shares in Pret, however added: “As we move closer to a potential IPO, we may evaluate bringing on a pre-IPO investor.”

Last week, Pret began trialling a new meal deal formats across its UK stores in the final quarter of 2025, offering combinations such as a croissant with a drink or a sandwich, drink, and crisps.

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