All Deals articles – Page 4
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NewsCaffè Nero’s debts surge amid expansion blitz
The coffee shop group’s pre-tax losses rise to £41.6m, as it has opened dozens of sites under its main brand and bought up smaller chains, The Sunday Times reports
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NewsBrewDog appoints advisors to run sales process
The brewer of Punk IPA and Elvis Juice has called in AlixPartners to run a sale process, which could prompt the break-up of one of Scotland’s best-known consumer businesses, Sky News reports
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Analysis & InsightInvestors cheer salud! to return of Tortilla founder
Brandon Stephens has stepped back into the CEO role at Tortilla with a powerhouse team of hospitality leaders, where he will be looking to build on early European forays into France, improve its food offer, and build a refreshed brand that resonates with a contemporary consumer
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NewsMission Mars to relaunch Albert’s Schenke as Schiller’s Hall
The brand overhaul will the Bavarian cook haus and bier tavern concept relaunch as a neighbourhood-style bar and bistro with pan European influences
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NewsSale discussions continue following Sixes administration
The experiential cricket concept, which called in administrators back in December, has now shuttered several locations having been ‘unable to achieve a sustainable operating model amid fierce competition’
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NewsCoca-Cola confirms it will retain full ownership of Costa Coffee
The company’s chief financial officer has said there are no immediate plans to do anything with Costa other than ‘to get it performing even better’ following an aborted sale attempt
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NewsThe Revel Collective business and assets sold for £16.5m
An administrators’ report shows Revel’s bar business was sold to Neos Hospitality for £10m while Coral Pub Company acquired Peach Pubs for £6.5m
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NewsWestmorland grows turnover and profit against ‘uncertain economic backdrop’
The motorway service area operator says total turnover increased by 1.7% in its latest full year results with pre-tax profits rising to £8.1m
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NewsHotville eyes ‘year of significant growth’
The Nashville-style fried chicken brand says it achieved ‘record sales’ over the festive break and is now seeking franchisees as it looks to grow into a national chain
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InterviewsJonathan Recanati: ‘We’re now going through a mega growth phase’
The Farmer J founder has said his initial aim to open 50 sites under his field-tray concept ‘feels small’, adding that his ambition is now ‘far bigger’
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InterviewsKaran Gokani: ‘There isn’t a restaurant in central London that truly does regional Indian food’
The Hoppers co-founder has spent six years improving efficiency and evolving the scope of his Sri Lankan-focused group. Now he’s opening in Shoreditch, and is hungry for more restaurants
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NewsMarket Taverns reports ‘positive trading momentum’ as it strengthens senior team
The group has appointed Miles Slade as managing director it prepares for its next phase of growth following ‘a strong trading period’ over Christmas and through January
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Weekend PressSacha Lord: 'What Rachel Reeves must do now is offer hospitality a sector-specific VAT reduction'
VAT for restaurants and bars in Europe is around nine per cent. Why is it so much more here, asks Sacha Lord in The Standard
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Weekend PressIrn-Bru is so strong it’s buying up the posh health drinks
The Times examimes AG Barr’s recent acquistion of Fentimans
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InterviewsMcMullen’s: ‘Loss of business property relief was seismic game-changer’
While it had toyed with the idea of disposing of its leased and tenanted business in the past, the impact of the last two Budgets was the clincher for the pub and brewing business, MD Heydon Mizon told MCA.
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NewsEatphoria adds to senior team
The hybrid QSR group has appointed Matthew Chapman to lead the expansion of its brick-and-mortar franchise network as head of sales
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NewsChopstix owner QSRP appoints new CEO
Kevin Derycke will take over leadership of the European quick-service restaurant platform having previously spent three years leading Burger King’s operations in Italy
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NewsBrandon Stephens appointed group CEO for Tortilla as Andy Naylor steps down
The multiple board and management changes, which also include Mac Plumpton joining as UK CEO, come as the fast casual Mexican chain prepares to enter its next phase of development
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NewsTurin-based coffee roaster Costadoro makes UK debut with double London opening
The Turin-based business has launched sites in Clapham Junction and Beckenham, describing it as ‘a new step’ in its international growth strategy
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InterviewsPitch tees up smaller format to support expansion drive
The competitive socialising brand will launch a smaller footprint venue in London this year with co-founder Chris Ingham telling MCA it will unlock greater expansion opportunities both here and overseas