Finance – Page 15
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NewsActivist investor urges Domino’s to halt acquisition plans
Browning West, one of the company’s largest shareholders with a 5% stake, wrote to the board of Domino’s urging it to return £100m to shareholders
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NewsSix by Nico crowdfund raises £2.5m
The funds will be used to support the opening of Six by Nico’s new flagship location in London’s Covent Garden, as well as reduce debt to help fuel growth and strengthen the group’s financial position
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NewsKuvi Hospitality appoints CEO
The investment platform, which aims to bring the best US brands to international markets, has appointed Shereen Ritchie as chief executive
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NewsRedCat Q1 growth driven by rooms and refurbishments
The group, which operates 36 pubs across the UK, said its accommodation business continued to outperform, with room sales up 8% on a like-for-like basis to £9.5m
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NewsThe Breakfast Club stays resilient
The cafe group achieved £18m turnover in FY25, while opening two new sites in London’s West End and closing its Canary Wharf location
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NewsKokoro committed to expanding UK presence
The Korean-Japanese QSR concept reported turnover of £36m in its latest accounts for the 15 months from 1 June 2023 to 31 August 2024, with profit after tax of £2.65m.
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NewsDomino’s launches share buy-back programme
The listed pizza group is looking to purchase £20m in shares to reduce its share capital and generate returns for shareholders
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NewsXP Factory sees ‘continued positive momentum’
Despite a challenging first quarter posing operational challenges, the operator of Escape Hunt and Boom Battle Bar is “cautiously optimsitic” about meeting market expectations
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NewsCubitt House grows sales by 7% in 2025
The premium pub, restaurant and hotel group, which is backed by TDR Capital, remains ahead of budget EBITDA for the 30-week period
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NewsRobinsons Brewery achieves record turnover
The Northwest brewer and pub operator neared turnover of £100m in 2024, with continued investment in its estate contributing to sales growth
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OpinionThe Pizza Pilgrims deal is an exciting move for the industry’s much-loved journeymen
The acquisition of Pizza Pilgrims by McWin-backed brand L’Osteria is a huge deal for founders James and Thom Elliot. All eyes will be on what it does next
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NewsPing Pong saw ‘sharp downturn’ in 2025
The dim sum chain’s revenues fell by 20-25% prior to entering into administration in July, which saw it close its four remaining restaurants this summer
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NewsApollo expresses interest in Costa
The private equity firm, which owns The Restaurant Group, has reportedly held initial talks with Coca Cola over the sale of the coffee chain
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NewsHall & Woodhouse hails ‘excellent year’
The regional brewer and pub operator reported a 25% increase in underlying profit before tax to £8.1m
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NewsWe Do Play secures investment from Frasers
Following the undisclosed investment, Mike Ashley-founded Frasers plans to launch more than 40 sites under live-action gaming concept Activate, following to its success in London and Newcastle
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NewsKrispy Kreme UK commences turnaround plan
The chain is reviewing its retail locations, with a view to being where the customer is and ensuring the company is set up for the future
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NewsJoseph Holt remains ‘strongly competitive’
The Manchester-based brewer and pub operator increased turnover by 3.3% to £75.9m last year
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NewsPICK.YOUR.OWN. secures investment to accelerate rollout
The funding from Frontive Group and Cervus Investments will enable the London-based grab-and-go concept to open multiple new sites in the coming months
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NewsSoho House & Co signs take-private agreement; appoints new CFO
The London-based operator of private members’ clubs has signed a $1.8bn agreement with MCR – the US’s third largest hotel operator, in a deal which will see it exit the New York Stock Exchange.
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NewsBrakspear reports fall in adjusted EBITDA
The Henley-based pub operator saw adjusted EBITDA decline by 2%, to £10.7m, for the year to 29 December 2024, however turnover was up 7% to £41.3m