All Eclectic Clubs & Bars articles – Page 2
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News
Eclectic returns to profitability
Eclectic Bar Group, the listed late-night operator saw sales fall for the six months to 27 December but chairman Luke Johnson insisted positive progress was being made.
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NewsEclectic to launch pizza and ping pong concept
Eclectic Bar Group, the listed late-night operator backed by Luke Johnson, is to launch a ping pong and pizza concept at its Reading Sakura site, M&C understands.
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Diary
Diary: Eclectic; Young’s; Jamie’s and JW Lees
In this week’s Diary, Luke Johnson commits to Eclectic for the “long-ish term”; Jamie’s Italian is embroiled in the saga around tipping policies and brewers talk balls
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News
Eclectic FY EBITDA falls to £1.8m
Late night venue operator Eclectic has reported a fall in EBITDA from £2.6m to £1.8m for the year to 28 June and unveiled an “evolving strategy” centred around small group acquisitions with a focus on food sales.
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NewsEclectic changes approved, Viner joins board
Eclectic has announced that all resolutions put to shareholders at the company’s EGM held yesterday were duly passed
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NewsJohnson says Eclectic could diversify via acquisitions
Luke Johnson has insisted Eclectic Bar Group will need to diversify in order to have a sustainable future and said that could come through acquisition.
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NewsJohnson joins Eclectic as chairman
Serial investor Luke Johnson has joined Eclectic Bar Group as executive chairman with immediate effect
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NewsWatson steps down from Eclectic board
Eclectic Bar Group has announced that Clive Watson has resigned as a non-executive director from its board
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NewsEclectic plummets as M&C20 declines
The M&C20 was down 2.6% last week underperforming the All-Share which was down 1.3% as domestic sectors once again underperformed the wider market. The All-Share was held up by gains in oil and mining stocks on the back of rises in the oil price, though this didn’t prove enough to offset what has been a week of decline for most major stock markets
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NewsEclectic: Weekend focus as student behaviour evolves
Reuben Harley, the chief executive of listed bar group Eclectic, has told M&C Report there has been a “behavioural change” among students, who are much less interested in midweek nights out.
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NewsEclectic warns ‘challenging period’ likely to continue
Eclectic, the recently listed bar group led by Reuben Harley, has warned that reduced trading levels experienced in recent weeks are likely to continue during the remainder of the year.
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News
Eclectic cautious about H2 trading
Eclectic, the listed bar group led by Reuben Harley, has this morning reported that overall trading for the six months to 28 December 2014 was in line with its expectations, but that it remained cautious about trading for the second half of the year.
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NewsEclectic slashes growth plans after poor Q2
Eclectic, the listed bar group, is cutting its growth aspirations for the current year after a “difficult” second quarter.
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NewsEclectic: group acquisitions a possibility
Eclectic, the listed bar group, would look at groups for acquisitions as it sees the potential for consolidation in the late-night market, chief executive Reuben Harley has told M&C Report
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NewsEclectic FY PBT up 10%
Eclectic has reported a 10% rise in full-year pre-tax profit for the 52 weeks to 29 June, a year in which revenue on continuing operations climbed 11.7% to £23m
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News
Eclectic rebrands Lola Lo Bournemouth as Sakura
Eclectic, the listed bar group led by Reuben Harley, is to re-open Lola Lo in Bournemouth under its Japanese-style brand Sakura
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News
Eclectic to relaunch Chelsea’s Embargo 59
Eclectic is to relaunch its Embargo 59 nightclub in Chelsea’s King’s Road, under the name Embargo Republica
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News
Eclectic brings Lola Lo to Sheffield
Eclectic, the bar group led by Reuben Harley, has acquired a two-story site in Sheffield to which will operate under the group’s Lola Lo format
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NewsBurns reiterates Buy for Eclectic
Leading analyst Karl Burns has reiterated his Buy recommendation for Eclectic Bar Group following yesterday’s pre-close trading update, forecasting double digit profit growth at the premium bar operator, although he adjusted down his pre-tax profits and earnings per share estimates due to slightly higher interest and depreciation charges
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NewsTrading in line at Eclectic
Eclectic has reported that trading for the year to the end of June 2014 was “in line with the Board’s and the market’s expectations”.
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