All Chilango articles – Page 5
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News
O-food launches crowdfunding campaign
O-food, the new Scandinavian sandwich bar concept, has launched a crowdfunding campaign as it looks to expand in London
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NewsTime Out invests £7m in Flypay
Flypay has secured £7m Series A funding from multimedia agency Time Out to accelerate the roll-out of its pay-at-table technology with restaurant operators and customers
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Analysis & InsightThe hopes and fears facing our industry
As we stand at the midpoint of 2015, it now seems timely to reflect on the ‘Hopes and Fears’ facing our industry and what we might expect to see in the latter half of the year, writes Stephen Evans, development director at Gourmet Burger Kitchen
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Analysis & InsightThe Crucible
Catering is the only area of chain shop expansion to have seen unbroken growth in branch numbers for more than two decades. London has become the crucible for change
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Analysis & InsightRestaurants lead UK’s high street renaissance
Catering outlets including restaurants are the only category of chain operator to have seen unbroken growth in UK branch numbers over the last seventeen years, according to a new study by CBRE. It found that restaurant and food outlet numbers are now 258% higher than in 1998 thanks to an ...
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NewsRiver Cottage & Chilango serve up interest payments
The first interest payments have been served up to investors who bought one of the world’s first crowdfunded mini bonds last year
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NewsChilango secures London Bridge site
London-based Mexican restaurant group Chilango has secured its tenth site at More London adjacent to London Bridge station on the former Great Wall of China Restaurant on Tooley Street
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NewsFood sales drive growth in November
Food sales continue to grow drive growth for pubs groups, up 4% in November compared to 1.5% for drinks, according to the latest Coffer Peach Business Tracker.
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OpinionHabit forming
As the UK economy continues to recover from the post-financial crisis recession, consumer confidence has picked up, supporting discretionary spending on leisure activities, including dining out, says Rupesh Patel of Grant Thornton UK LLP, which has published new report called Come Dine With Us. Alongside this cyclical trend, structural changes in consumers’ eating habits are also reshaping the bars, restaurants and casual dining industry and are driving sector transaction activity.
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Analysis & InsightIs crowdfunding just equity for punks?
Judging from the number of businesses which have jumped on its bandwagon to raise capital for growth, it’s clear that crowdfunding is – at the moment – as hot as pulled pork, says Paul Hemming, partner and head of Corporate Finance at Zolfo Cooper
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NewsHaimes takes ops role at Chilango
David Haimes, the former managing director of Itsu and group chief executive of Obika Holdings, has joined Chilango as its new operations director
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NewsChilango raises more than £2m
Chilango, the Mexican restaurant group, has generated more than double its original £1m fundraising target
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NewsChilango extends burrito bond
Chilango, the Mexican restaurant group, has extended its burrito bond fundraising initiative to midnight 26 August after it raised over £250k last week
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Analysis & InsightGourmet hotdogs 'a fad'
Gourmet hotdogs, juice bars and bubble tea bars are “short lived” crazes, although street food is starting to have a greater influence across the wider UK restaurant sector, according to the new Menu & Food Trends Report from Allegra Foodservice
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News
Crowdcube receives £3.8m investment
Balderton Capital, one of Europe’s largest venture investors, has invested £3.8m in crowdfunding platform Crowdcube, which is used by a number of operators in the eating and drinking out sector to raise money for expansion
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News
Chilango’s Burrito Bond funding openings into 2015
Chilango, the Mexican restaurant group, has secured funding to enable three restaurant openings this year and more sites in 2015 after exceeding its £1m crowd-funding target
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NewsChilango breaks through funding target
Chilango, the Mexican restaurant group, has broken through its target of raising £1m from the mini-bond it launched on 9 June through CrowdCube
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NewsQuestions raised over Chilango’s mini-bond move
Questions have been raised over Chilango new mini-bond funding initiative, with Reuters saying that if retail investors “hungry for high returns could face a nasty shock if the company does not perform in line with expectations”
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News
River Cottage Canteen raises £1m in under 36 hours
River Cottage Canteen, the restaurant and deli concept led by high profile chef Hugh Fearnley-Whittingstall, has reached its £1m fundraising target via the crowd-funding website Crowdcube in under 36 hours
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News
Restaurant sector is “stuck” with vouchers
Diners continue to want to use discount vouchers when eating out despite operators reducing the amount of deals being offered by 13% year-on-year in Q2 of 2014