All Finance articles – Page 4
-
NewsAG Barr acquires Fentimans and Frobishers
Scottish drinks group AG Barr has acquired adult soft drink brands Fentimans and Frobishers Juices for a combined c.£51m as it looks to capitalise on the consumer trend for reduced alcohol consumption.
-
NewsPub investment market remains attractive for quality assets
The pub investment market remains attractive for high-quality, freehold-backed assets despite the challenges facing the rest of the market, according to Fleurets’ latest Survey of Pub Prices report.
-
NewsSourdough Sophia completes £1.5m funding round
The neighbourhood bakery has completed a £1.5m fundraising round as it looks to build its business from four sites to 20 by 2029.
-
InterviewsVarious Eateries: ‘We’ve had an unprecedented number of opportunities come our way’
The group is exploring a number of prime sites for Coppa Club and Noci, with the conversion of its three single-site brands also on the cards as it consolidates the business, CEO Mark Loughborough told MCA.
-
NewsGrind reports ‘another strong year of growth’ on the high street
The omnichannel coffee brand, which recently completed a £7.5m funding round, increased turnover by c.19%, with its coffee shops, restaurants and bars performing well, but ultimately losses widened last year
-
NewsCornish Bakery delivers another record year
The independent bakery chain delivered a 24% increase in sales to £36.4m and will reach a 79-strong estate by spring - but bemoaned the ”lack of proper leadership” from the government
-
Weekend PressAshton Kutcher joins the board of Soho House as it goes private
Hollywood star invests in members’ club and joins consortium led by billionaire Ron Burkle as it completes $2.7 billion takeover of the London-based business, The Sunday Times reports
-
NewsCôte Restaurants reports £153m turnover
The French-inspired brasserie group achieved 4.1% like-for-like sales growth in FY24, supported by menu innovation and estate refurbishments, though pre-tax losses widened
-
NewsSoho House completes deal to go private
The private members’ club business has completed the $2.7bn deal, in a move that CEO Andrew Carnie said ”gives us the freedom to focus on what Soho House has always been about”
-
Analysis & InsightAnand just like that… has RedCat finally landed on its feet?
The Rooney Anand founded business is exiting its managed estate and bringing together its pubs-with-rooms sites into one division, a canny move that presents significant opportunities
-
NewsPesto increases like-for-likes
The 12-strong restaurant group, part of Mitchells & Butlers, reported profit before tax of £1.8m, down from £2.1m the prior year
-
NewsStarbucks: ‘Our strategy is working’
The coffee giant reported a continued return to sales growth in Q1 2026, with CEO Brian Niccol saying it is ‘ahead of schedule’ on its Back to Starbucks strategy
-
NewsPubs to see £12,500 cut to rates
Analysis by tax firm Ryan shows that on top of the lower multipliers and transitional relief already in place, the new 15% pubs discount in 2026/27, and a real-terms freeze on core business rates bills in 2027/28 and 2028/29, significantly reduces the impact of revaluation-driven increases
-
NewsMarston’s continues to ‘outpace total market’
The pub company delivered 5.6% growth across five key festive dates and completed 23 new format launches in Q1, with CEO Justin Platt highlighting ‘standout performances’ including a record Christmas Day
-
NewsTortilla delivers 8.5% revenue growth to £73.8m
The fast casual Mexican chain achieved UK like-for-like sales growing 6.2% and said it has significantly outperformed the market, with sales momentum strengthening throughout the year
-
NewsThe Revel Collective set to appoint administrators
The Revolution, Revolución de Cuba and Peach Pubs operator has announced plans to file a notice of intent to appoint administrators to the company and some of its subsidiaries, with an announcement on the formal sales process it has been pursuing expected in due course.
-
NewsNero Group reports £585m sales, with double-digit growth
The coffeehouse operator, which runs 1,154 stores across 11 countries, saw UK sales rise 10% to £366m, boosted by a 17% jump in iced drinks and the successful launch of its matcha range
-
NewsState of Play achieves record December sales
Group sales in December grew 25% vs the prior year for the Hijingo, Bounce, and Flight Club US operator, with the US business serving as the main driver of growth
-
NewsDaisy Green boosts revenue by 19%
The collection of Aussie-style cafe-restaurants said it had delivered a “robust” performance despite cost pressures, and continues to grow its 19-strong portfolio across London
-
NewsBuoyant festive trading for Shepherd Neame
Like-for-like sales growth rose to 8.1% for the five weeks to 3 January, driven by a strong performance inside the M25, where LFLs increased 12.6% for the pub operator and brewer