All Byron articles – Page 8
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News
CCL: Continuing polarization in leisure investment market
Coffer Corporate Leisure said it is continuing to see further polarisation in the leisure investment market, particularly in the restaurant sector
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News
Busaba appoints Phillips as new ops director
Steve Phillips has joined Busaba Eathai as its new operations director
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OpinionAn Honest Approach
This year is set to be significant for Honest Burgers as it gears up to expand its offer into the regions. Its co-founders explain how, in a crowded and unpredictable market, they see honesty as the best policy.
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NewsStares departs Byron
Rachel Stares has left her role as head of talent at Byron after just three months with the group.
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Analysis & InsightWhat backers want to hear
With high-profile cases of restructuring and site closures becoming more common across the eating-out sector, what does this mean for investment? Alex Dumphy, of law firm Addleshaw Goddard, examines what operators can do to ensure lenders remain on-side during turbulent times for the sector.
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NewsHop Stuff Brewery eyeing up south west expansion
Hop Stuff Brewery has revealed it is looking for sites in the south west of England as it continues its aggressive expansion, managing director James Yeomans has told MCA.
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News
Boston swaps Byron for Flat Iron
Simon Boston, who stepped down as chief financial officer of Byron earlier this week, is to join Flat Iron
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NewsByron looks to the future after CVA approval
Byron it set to conclude its previously negotiated financial restructuring after the group’s Company Voluntary Agreement (CVA) proposal was overwhelmingly approved by its creditors.
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OpinionFox foots bill for lack of exit
Mark Fox yesterday became the latest sector head to leave his post, as the shareholders of Bill’s, the Richard Caring-backed chain, seemingly lost patience in their search for an exit and looked to ex-Punch chief executive Duncan Garrood to lead the c80-strong business
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Opinion
Tate’s modern pizza parlours
Yard Sale Pizza is confounding expectations with its low-rent sites and in-house delivery. In the latest edition in our Founders Forum series, Finn Scott-Delany hears about the all-in-one buzzy pizza shop
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NewsSpotlight falls on Prezzo’s trading
After the struggles faced by Jamie’s Italian and Byron, reports this morning suggest Prezzo could be the next casual dining chain to have to undergo a restructuring.
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News
Ex-Greene King FD joins Byron
David Brown, a former finance director of Greene King, has joined Byron, the struggling better burger chain, as its interim chief financial director
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Opinion
The Dom Walsh Awards
The past 12 months has seen a raft of senior operators depart their roles; high-profile brands stumble on their growth plans but others discover new avenues for expansion. Dominic Walsh presents his annual awards, including deal of the year; top brand; biggest shock, his pick for hero to zero and the year’s worst rebrand
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OpinionAre you adding value? Part 2
Yesterday I wrote that the UK’s hospitality industry was facing a period of fundamental change, with the threat of a significant gap developing in parts of the sector. This morning the focus falls on the value of delivery, technology, experience, property, investment (does private equity have a duty of care?) and protecting your reputation
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OpinionAre you adding value? Part 1
With the next quarterly rent call at the end of March looming, the sector is set to enter a crucial period, one that could lead to it fundamentally changing, with businesses questioning their position in it, their own values and value.
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NewsByron FY losses hit £10m
The CVA proposal document for Byron shows that the company’s like-for-likes sales declined to -17% at one stage
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News
Motherclucker eyes Exmouth Market site
Motherclucker, the fried chicken street food concept, has opened two Deliveroo Editions kitchens, with a third on the way, and is closing in on a debut bricks and mortar site, MCA has learnt.
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NewsByron confirms CVA and sale plan
Byron has confirmed that it is to enter a Company Voluntary Arrangement (CVA), which could lead to the closure of 20 of its sites
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Analysis & Insight
Surfing the waves of M&A
After a quiet year on the M&A front, what can we expect from the eating and drinking-out market in 2018? Sam Fuller looks at the outlook for the various exit/funding routes and examines whether conditions may be ripe for more mergers and acquisitions over the next 12 months
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News
Sherwood to become UK ops director at Wagamama
Nigel Sherwood, formerly of Nando’s, Shake Shack and Byron, is to become UK operations director at Wagamama