All Finance articles – Page 53
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NewsChop'd 'ready to grow' after consolidation
Chop’d investor director Simon French told MCA the brand is in a position to grow from a consolidated platform after closing two sites and a tough 2017.
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NewsThornbridge seeks £10m growth fund
Thornbridge Brewery is looking to raise £10m investment and has had conversations with both private equity and potential trade bidders, according to reports.
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NewseasyCoffee secures £10m investment
easyCoffee, the value coffee chain backed by the easyGroup, has received a £10m investment from Stellar Asset Management.
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NewsAdventure Bar confirms seventh site and new funding
Adventure Bar Group has confirmed the acquisition of the Electricity Showrooms in Hoxton from Barworks, after securing new funding from OakNorth, as first revealed by MCA last week.
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NewsCDG £30m refinancing package
Casual Dining Group, (CDG) the operator of Las Iguanas, Café Rouge and Bella Italia, has announced a new cash investment of £30m as part of a refinancing of the group.
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NewsFlight Club set to secure new funding
Flight Club, the social darts concept, is set to secure new funding as it looks to further expand its core brand and launch a new concept called Electric Shuffle, MCA understands.
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NewsF&B at Westfield London worth £105m
Sales in food and beverage at Westfield London have grown 88% since opening nearly 10 years ago, and now accounts for 10% of total revenue, a total of £105m each year.
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NewsPret sets pace as M&A activity hots up
The past month has arguably been the sector’s busiest for M&A activity in recent memory – and the most diverse.
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NewsFlight Club sees turnover up 60% for 2017
Flight Club Darts has reported a turnover increase of more than 60% during the full year to 31 December 2017, from £4.6m in 2016, to £7.4m in 2017, in its latest accounts filed at Companies House.
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NewsNotes eyes larger London estate and travel hub sector
Notes, the coffee shop and bar concept, plans to open three sites next year and five the year after off the back of a successful, still live crowdfunding campaign.
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NewsCashless payments to outstrip paper money by 2021
A new report has suggested that cashless payments will make up the majority of transactions by 2021.
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NewsUsher meets Kickstarter challenge in just one hour
Gary Usher, the chef-restaurateur behind Sticky Walnut and Hispi, exceeded his £50,000 crowdfunding target for his new restaurant within an hour.
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NewsValue of TGI Fridays UK drops
Electra Private Equity, the backer of TGI Fridays UK, has this morning reported it has experienced a £13m drop in the fair value of the Karen Forrester-led restaurant chain over the year to 31 March 2018.
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NewsBritvic reports adjusted earnings up 6% for HY
Britvic has reported organic adjusted EBIT increased 6% to £80.5m, in a trading update this morning for the 28 weeks ended 15 April 2018.
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NewsHollywood Bowl reports 4% FY LFL growth
Hollywood Bowl has reported like for like revenue growth of 4% for the six months ended 31 March 2018.
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NewsM&S suffers amid growth of food delivery and online retail
Marks & Spencer has cited the growth in home delivery of food and the migration of retail online as key factors threatening its market position, and leading to the decision to close 100 stores by 2020.
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Bold Street to launch Kickstarter campaign
Bold Street Coffee, the Liverpool-based Graffiti Spirits-backed speciality concept, is launching a Kickstarter campaign to finance a return to its original home.
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NewsJohnson: CVAs yet to impact wider market
Patisserie Holdings chairman Luke Johnson believes the recent flurry of CVAs and unit vacancies have yet to impact the wider market, but predicted “the odd bargain” over the next 12-24 months.
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NewsC&C profits down 7% due to competitive pressure in Ireland
C&C Group has recorded adjusted EBITDA of €100m for the 12 months ended 28 February 2018, down 6.3% on the previous year.
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SSP UK lfls 0.7% in H1
SSP Group has posted like for like revenue growth of 0.7% in the UK, in the six months to 31 March 2018.