All Draft House articles – Page 5
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OpinionBrewDog bites wrong target
BrewDog is once again courting controversy, this time attacking what it calls the “insidious culture around lager drinking” as it releases its own Pilsner called This. Is. Lager. Draft House founder Charlie McVeigh says he admires the Scottish company but is not impressed with its broad sideswipe against lager
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NewsDraft House lfls up 10%
Like-for-like sales for Draft House, the London-based craft beer bar concept, are currently about 10% ahead of last year and the group expects to make “significant” net profit and EBITDA in its current financial year, founder Charlie McVeigh has told M&C Report
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NewsDraft House reports sharp growth in EBITDA and sales
Draft House, the London-based craft beer bar concept, saw EBITDA before opening expenses grow 163% to £251,620 in the eight months to June 2014, while year-on-year sales increased 29% to £3.2m
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Former Draft House ops director launches new venture
Former Draft House operations director Suga Gunam has acquired and reopened The Hideaway Bar in north London after refurbishment
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NewsDraft House spirits bar could be rolled out
Draft House, the London-based craft beer concept, could expand its new Bump Caves spirits bar concept to other existing venues and to upcoming acquisitions, founder Charlie McVeigh has told M&C Report
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NewsDraft House to open ’dive bar and distillery’
Draft House, the London-based craft beer concept founded by Charlie McVeigh, is to open a “dive bar and distillery” beside its existing site at Tower Bridge, reports Hot Dinners magazine
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NewsLfls up 10% at Draft House
Draft House has reported a 17% rise in like-for-like sales in May and said it hoped to have new site news shortly
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News
Johnson runs rule over InnBrighton
Luke Johnson, the serial sector investor, is believed to be running the rule over InnBrighton, the Brighton-based multiple pub operator
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NewsDraft House reports “phenomenal” March
Draft House, the London-based craft beer concept founded by Charlie McVeigh, has reported a “phenomenal” March, with like-for-like sales for the five-week period up 19%
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OpinionChanging of the guard
If the average tenure for a chief executive these days in a quoted business is under five years, and for those in private businesses slightly more, then Simon Kossoff, Russel Joffe, Robin Rowland, Clive Schlee, Harvey Smyth and Andrew Page, with a combined tenure of more than 60 years (an average of 10 years each), are all due for replacement at some point soon. When it happens, who from the next generation will take over?
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OpinionLittle and large
With the licensed trade currently undergoing change at an unprecedented rate, Glynn Davis looks at a polarisation within the market — as food-led pubs get bigger and bigger, while their wet-led cousins become champions of micro units
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Davy's names first head of sales and marketing
London-based wine bar operator Davy’s has appointed Simon Gaske, who has previously helped with marketing for a number of high-profile leisure groups, to the new position of head of sales and marketing
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NewsJohnson: Minimum wage rise is maximum idiocy
An increase in the national rate of minimum wage will hurt the very people the measure is intended to benefit, argues serial sector investor Luke Johnson
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OpinionOff the leash
BrewDog has grown to be the leading light of the UK’s blossoming craft beer scene, and with new funding and a new brewery in place, the company is setting its sights even higher. John Harrington spoke to co-founder James Watt about what the future holds for the self-styled “punk” brewer, and for UK craft beer as a whole
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NewsDraft House reports double-digit growth
Draft House has reported double-digit like-for-like sales growth over the last three months and said it was close to adding a further two sites to its estate for openings in the first quarter of next year
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NewsFranco Manca strengthens pipeline
Franco Manca is to open a further six sites in London over the next 18 months and is exploring options to franchise the concept overseas
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NewsJohnson praises craft brewing movement
Serial investor Luke Johnson has applauded the brewing revolution and said that the renaissance of artisan brewers “reflects the truth that entrepreenurs identify changes in consumer tastes better than large corporations”
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Draft House steps up expansion plans
Draft House, the three-strong London-based pub concept founded by Charlie McVeigh, has stepped up its plans for expansion with the appointment of a specialist property advisor after entering talks on a fourth site. The group, in which Luke Johnson has a significant minority stake, has appointed Insight Retail, which specialises ...
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Johnson takes Draft House stake and chairman role
Luke Johnson, the serial restaurant investor, has taken a substantial minority stake in Draft House, the three-strong London-based pub concept founded by Charlie McVeigh, M&C Report has learnt.Johnson, who is set to become chairman of the business, has personally invested an undisclosed sum in the company, which he described to ...