Finance – Page 183
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News
ETM lfls up 6% in December
ETM Group has reported a 23% growth in sales during the month of December with like-for-like sales up 6% on the previous year
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Hubbox secures investment fund backing
Hubbox is set for further growth across the South West after securing new funding from investment firm Provenance Investment Partners
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D&D reports strong festive trading period
D&D London, the Des Gunewardena-led group, has reported as strong festive trading period
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NewsTapas Revolution secures growth capital
Tapas Revolution, the tapas concept from Spanish chef Omar Allibhoy, is set for further expansion after securing £2.5m of new funding
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Edward joins Canaccord Genuity as senior advisor
Ian Edward, sector investor and non-executive director, has joined Canaccord Genuity as a senior adviser
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Tortilla founder secures funding for new events app
REVL, the new events app, has closed a £2.4m seed funding round, supported by private investors
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NewsFestive lfls up 4.7% at CDG
Casual Dining Group has reported a 4.7% increase in like-for-like sales for the five weeks to 8 January
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NewsNovus acquires Rocket Restaurants from 3Sixty
Novus Leisure has announced the acquisition of Rocket Restaurants Ltd – part of 3Sixty Restaurants.
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Everyman performance above market expectations
Everyman has this morning reported that its trading for the 52 weeks to 29 December 2016 was above market expectations
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Viva Brazil seeks new investment
Viva Brazil has appointed advisors as it seeks new investment to support its next stage of growth
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Analyst corner: Starbucks set to outgrow McDonald’s
Nomura’s Mark Kalinowski has predicted that Starbucks will overtake McDonald’s as the sector’s most valuable company globally.
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NewsFrench: Stonegate could play key role in sector consolidation
Leading analyst Simon French says Stonegate could play a key role in the consolidation of the UK’s pub sector
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Be At One reports record festive period
Be At One has reported a record festive trading period with like-for-like sales up 10%
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Colliers acquires Vision Asset Management
Colliers International has acquired European hospitality asset management company Vision Asset Management
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West Cornwall Pasty Co acquired by Ginsters owner
West Cornwall Pasty Co has been acquired by Ginsters owner Samworth Brothers.
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NewsCrepeaffaire FY lfls up 16%
Crepeaffaire, the crêpe concept, has reported strong sales growth for the year ending 31st December 2016
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Hammerson to sell 50% of Watermark scheme
Hammerson has announced it is to sell 50% of its new Watermark leisure development in Southampton to GIC
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French: Initial feedback suggests robust Xmas trading period
Simon French at Cenkos has said that initial feedback from pub and restaurant operators suggests a robust Xmas trading period
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NewsGrand Union to review its options
Grand Union, the Luke Johnson-backed London-based bar chain, is understood to be reviewing its options.
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NewsHong Kong-based developer acquires Cerberus pub package
A Hong Kong-based property developer is understood to have completed a deal to acquire c160 pubs from Cerberus