Simmons, a popular cocktail bar chain in London, is closing four venues amidst a strategic restructuring plan. The Putney branch is confirmed for closure, while the other three are yet to be disclosed. Alongside these closures, Simmons has secured new funding aimed at opening additional locations potentially outside of London. The founder stated that this decision allows for a reallocation of resources to focus on the strongest performing venues while also supporting operational improvements across the company's estate.
Simmons bar chain is undergoing a strategic restructuring, resulting in the closure of four venues, including the Putney branch. The closures are part of a plan to focus on stronger performing locations.
Despite the closures, Simmons has secured funding for new locations, indicating potential for expansion beyond London, although specific details on new openings remain unclear.
The founder emphasized that exiting four leases allows them to concentrate resources on their best-performing venues, while the additional investment will facilitate future growth and operational enhancements.
Simmons bars are known for their retro style, popular cocktail happy hours, boozy brunches, and late closing times, making them a frequented spot among Londoners.
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