The macaron master Adriano Zumbo’s company has been placed into voluntary administration according to reports by the *Sydney Morning Herald.*
The details of the circumstances that have led to the move are not yet clear, but it’s believed the company could have debts nearing $10 million. Some of the debt might be offset by assets such as property and equipment owned by the company, but it’s believed that could still leave the company $2 million short.
The dessert king – who made his name as an aficionado of all things sweet and candy-coloured – has eight stores across Sydney and Melbourne, which will remain open for the time being. That includes the cafe and bakery in Sydney’s Rozelle where it all started. It doesn’t include the high-tea spin-off Fancy Nance which opened in Melbourne’s South Yarra 2015 but has since closed.
Zumbo wasn’t available for comment but at the time of writing his last tweet made no reference to the situation. Instead he congratulated the 2018 winner of Masterchef, the TV show that played a big part in turning the dessert maker into a household name.
It’s not the first time Zumbo has been in the news. In 2017 he was accused of owing his workers money. He was the subject of a segment on an…