All Arc Inspirations articles – Page 3
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NewsArc to launch new Box bar in Deansgate
Arc Inspirations is to launch a new bar under its Box brand to Deansgate, Manchester next year.
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NewsWolstencroft: ‘Without certainty on rent and social distancing we can’t move forward’
The industry urgently needs some clarity from Government on rent and social distancing measures before it can consider moving forward, Martin Wolstencroft has told MCA.
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NewsArc keeps staff connected during furlough
Arc Inspirations has shared a number of staff initiatives to keep its people connected and engaged while on furlough.
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Analysis & InsightMultiple operators see boost as licensed supply falls by 1.8%
The supply of restaurants, pubs, bars and other licensed premises fell by 1.8% in the 12 months to December 2019, but multi-site restaurants grew by 1.8%, CGA research finds.
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NewsArc Inspirations strengthens senior team amid expansion drive
Arc Inspirations has appointed Tim Knockton as financial director and Laura Lewis as head of marketing.
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NewsArc Inspirations reports record festive trading
Arc Inspirations has reported a record festive trading period, including the biggest ever individual sales day and week in the group’s 20-year history.
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NewsArc Inspirations reveals jump in sales following year of investment
Arc Inspirations has reported a 16.7% jump in sales, from £23.3m to £27.2m, with like-for-like sales up 1.1%. Operating profit was down by 31% to £213k, and it returned pre-tax losses of £474k compared with a pre-tax profit of £183k last year. However, over the period the 17-site business invested £7.5m, including opening five sites and innovation.
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NewsGrowth Company Index 2020 launched
MCA is teaming up with Alix Partners again this year to find the top 50 private hospitality firms with the fastest-growing profits. If your company has three years’ audited accounts and turnover in excess of £3m, then please get in touch before 1 February to be considered for this year’s list. Previous entrants do not need to re-apply, but if you’d like to be considered for the first time, please contact james.halliwell@wrbm.com.
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NewsArc Inspirations EBITDA up 15%
Arc Inspirations, the operator behind Banyan, BOX and Manahatta, has announced turnover increased 16.7% to £27.2m, up from £23.3m on the previous year.
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NewsArc Inspirations spike in sales during Cricket World Cup
Arc Inspirations, the operator of Manahatta, Banyan and The Box concepts, has reported a spike in sales across its sport-led sites during the recent Cricket World Cup.
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Analysis & InsightEvolving before our eyes
The pace of change is speeding up and nowhere is this clearer than in the UK’s eating and drinking-out sector. Over the last five years, AlixPartners and CGA’s Market Growth Monitor has tracked some seismic changes across the industry – from the drinks-led renaissance to the burgeoning impact of delivery. There’s not been a dull moment, say AlixPartners’ Graeme Smith and Craig Rachel.
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NewsArc Inspirations seeks external investment to double in size
Arc Inspirations has set out its ambitions to double in size over the next five years as it seeks investment for its next stage of growth, chief executive Martin Wolstencroft has told MCA’s Pub Conference.
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Arc Inspirations to convert The Pit site in Harrogate to Manahatta
Arc Inspirations is to convert The Pit site in Harrogate to its Manahatta brand.
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Analysis & InsightRate of decline for wet-led pubs slows
The long-term clear out of unsustainable wet-let pubs and bars appears to be nearing its end – in part reflecting the recent success of compelling premium drinks offers and getting the balance right with food, the latest market snapshot from CGA and AlixPartners indicates.
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Black Sheep Brewery acquires Arc bar
Black Sheep Brewery, the Yorkshire-based business chaired by ex-Punch director Andy Slee, has acquired the Arc Inspirations site, Kith & Kin, in Chapel Allerton, Leeds.
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NewsRunners and riders highlight health of sector
What sets the companies riding high in the AlixPartners Growth Company Index apart from their peers and able to continue to perform in the face of unprecedented headwinds? Graeme Smith and Craig Rachel take a closer look at the what this year’s list tells us about wider trends in the sector.
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NewsAlixPartners Growth Company Index 2019 Top 50
This year saw MCA once again team up with AlixPartners to identify the fastest growing companies in the UK eating and drinking out sector. The following is the top 50 in full.
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NewsSticks ‘n’ Sushi tops Growth Company Index
Sticks ‘n’ Sushi, the Copenhagen-based Japanese restaurant group, has been named the fastest growing company in the UK’s eating and drinking out sector.
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Analysis & InsightWe want to be together
With the wider issues facing the market, many believe the UK’s eating and drinking-out sector is ripe for consolidation. However, does it work for everyone involved and, in current conditions, is it a case of looking outside the box for the best partner for your business, asks AlixPartners’ Graeme Smith