Asda-owned Leon cuts hundreds of jobs as work from home trend bites hospitality Leon has axed hundreds of jobs as it bemoaned a “challenging” year in which it wrestled with high cost inflation and depressed customer spending. The Asda-owned fast-food chain cut its headcount by 17 per cent, or 224, to 1,120 over the course of 2024, its latest accounts show, as it sought to bear down on [...]
Mexico’s Club Leon banned from Fifa Club World Cup in USA Sport Business Mexico’s Club Leon have been kicked out of the 2025 Fifa Club World Cup over multi-club ownership rules. The 2023 CONCACAF Champions League winners Leon are owned by the same group – Grupo Pachuca – that owns fellow Mexican side Pachuca, who are also in this year’s Club World Cup. And due to rules banning [...]
Leon: Restaurant chain’s loss-making streak continues amid Asda takeover hospitality Restaurant chain Leon lost almost £20m in the year it was sold by the billionaire Issa brothers to Asda, it has been revealed. The company had been purchased by the brothers’ Lancashire-based EG Group in 2021 before most of the group’s UK operations were sold to the supermarket giant for £2bn in October 2023. At [...]