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le cordon bleu closes its doors

December 16, 2015 at 3:23 PM

Le Cordon Bleu in Orlando and around the USA will close it's doors and programs in 2016. 

 

 

Article by Kyle ArnoldContact Reporter of Orlando Sentinel.

http://www.orlandosentinel.com/business/consumer/os-le-cordon-bleu-closing-20151216-story.html

 

Cooking school Le Cordon Bleu, which has a campus in Orlando, will stop accepting applications and wind-down operations at campuses nationwide.

All 16 of the nation's campuses will continue operating until Sept. 2017, said parent company Career Education Corp., but CEO Todd Nelson said in a statement that new laws are making it difficult for cooking schools.

The Orlando Campus is located near John Young Parkway and Sand Lake Road.

The Le Cordon Bleu division lost $43.6 million during the first three quarters of 2015 and $66.6 million in 2014.

"New federal regulations make it difficult to project the future for career schools that have higher operating costs, such as culinary schools that require expensive commercial kitchens and ongoing food costs," Nelson said in the statement. "Despite our best efforts to find a new caretaker for these well-renowned culinary colleges, we could not reach an agreement that we believe was in the best interests of both our students and our stockholders." Career Education Corp. made efforts to sell the school earlier this year, but after talks fell through decided it was best to close Le Cordon Bleu.

 
Closed for business: Orlando-area retail and restaurant closings

 

Orlandodine.com

 






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