All Carluccio’s articles – Page 5
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NewsBriatore to bring Crazy Pizza to the UK
Flamboyant Italian tycoon and former boss of the Benetton and Renault F1 racing teams, Flavio Briatore is to launch his Crazy Pizza concept in the UK, after securing a site in London, MCA has learnt.
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OpinionA crescendo of coffee
Following a successful fundraise on Crowdcube this summer, coffee shop and wine bar Notes is looking to double its estate over the next two years. Georgi Gyton finds out more about its growth plans, which include a move into travel hubs, starting with train stations
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News
Feng Sushi MD steps down as it consolidates estate
JD Abbasi, formerly of Farmacy and Giraffe, has stepped down as chief executive of Feng Sushi, the London-based Japanese sushi restaurant and delivery company, as it continues to consolidate its estate.
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Analysis & InsightItalian and Latin cuisines losing market share
Italian and Latin/South American cuisines have both lost share of the UK restaurant market over the past year, according to the latest MCA data.
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NewsGaucho set to name new CEO
Deloitte, the administrators of Gaucho, are set to announce later this morning that Oliver Meakin, the steakhouse chain’s chief executive since the start of the year, has left the business, MCA has learnt.
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OpinionPie’s the limit for pastry experts
Pieminister, the Bristol-based pastry merchant, has grown from a single shop in the West Country to a nationwide business with a web of revenue streams. Co-founder Jon Simon reveals all to Jo Bruce
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Analysis & InsightPremium casual is the future
In order for operators to boost their profit margins, is going premium casual the answer? David Abramson, CEO of leisure property consultant Cedar Dean Group believes it could be
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NewsCarluccio’s launches £10m estate refresh
Carluccio’s has confirmed the launch of a £10m refurbishment plan triggered by the approval of its Company Voluntary Arrangement plan.
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NewsLeasehold acquired for former Carluccio's site
Carluccio’s former restaurant in Hale, Greater Manchester, is to become an independent Italian after the leasehold was acquired by a Cheshire-based company.
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OpinionRestructural integrity
The past year has seen a host of high-street brands, including several in this sector, undergo restructuring. However, AlixPartners’ Graeme Smith explains that the process on its own is not enough and that businesses need to pursue a transformation to adapt and thrive.
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NewsThe rise of the CVA – the licensing view
With the rise in the number of company voluntary arrangements (CVA) what, from a licensing perspective, do operators need to be aware of when a company is nearing the point of entering into such an arrangement? Poppleston Allen’s Jonathan Smith explains more
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NewsCorbin & King appoints Jennings as FD
Corbin & King, the Minor Hotels-backed, high-end restaurant group, as appointed John Jennings, as its new group finance director
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NewsPret sets pace as M&A activity hots up
The past month has arguably been the sector’s busiest for M&A activity in recent memory – and the most diverse.
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OpinionMartin: ‘It only takes one optimist to agree a daft rent’
JD Wetherspoon’s outspoken founder and chairman Tim Martin shares his thoughts on ‘the insane rent review market’, and why it’s not necessary clear who’s to blame
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NewsCarluccio’s creditors approve CVA
The approval of a Company Voluntary Arrangement (CVA) plan by Carluccio’s creditors will kickstart a “comprehensive turnaround programme” involving investment of up to £250,000 per site within the brand’s core estate.
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NewsCarluccio’s creditors to vote on CVA
Creditors of Carluccio’s will today vote on its plans for a Company Voluntary Arrangement (CVA), which will see it exit a number of lossmaking sites out of its 103-strong UK estate.
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OpinionAre landlord-only CVAs prolonging the slow death of the high street?
REL Capital chairman Andy Scott asks if the latest wave of CVAs is being used as a disingenuous attempt by high street brands to dodge their rent commitments
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NewsBill’s appoints Katte as its new CMO
Bill’s, the Richard Caring-backed chain, has appointed Camilla Katte, formerly of Giggling Squid, as its new chief marketing officer, MCA understands.
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NewsCDG to build hotel-based estate
Casual Dining Group (CDG), the operator of nearly 300 mid-market brands including Café Rouge, Bella Italia and Las Iguanas, to become the latest sector operator to eye expansion in the hotel F&B market, after signing UK franchise agreements to operate restaurants at two UK hotels.
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NewsLfl covers down 6% at Carluccio’s
The Company Voluntary Arrangement (CVA) proposal for Carluccio’s has shown how a lack of investment in its existing sites has impacted trading at the company, with like-for-like covers down 6% in its current financial year.