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All Gail’s articles – Page 2
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NewsLast few tickets available for MCA’s Food to Go Conference
There is one week to go until the event on Wednesday 9 March at the Ham Yard Hotel in Soho, featuring itsu, Pret, Leon, Caffè Nero UK, Greggs, Tortilla and many more
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NewsItsu and Gail’s lined-up from Woking development
The operators will join the line-up of F&B offerings at the new Victoria Place developement in Woking, in the spring
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NewsGail’s sees turnover drop, but expansion continues
Gail’s saw turnover decline from £61m in 2020 to £57m for the 52 weeks to 28 February 2021, despite opening five new retail bakeries over the course of the year.
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Analysis & InsightThe future of breakfast on the go
With the number of workers returning to offices unlikely to return to pre-pandemic levels we explore what impact this will have on the food to go breakfast market as well as the opportunities it could create
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NewsGail’s: ‘We’ve had a very successful 18 months’
Its strong neighbourhood presence and ability to adapt to new markets has seen Gail’s make the most of the opportunities that have come about from the pandemic, according to MD Marta Pogroszewska.
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NewsBain Capital acquires Gail’s owner Bread Holdings in £200m deal
Bain Capital Credit, in partnership with EBITDA Investments, has acquired Bread Holdings – parent company of the Gail’s Bakery chain and wholesale business The Bread Factory – from Risk Capital Partners (RCP) in a deal worth more than £200m.
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NewsLuke Johnson looks again at selling Gail’s
Risk Capital Partners (RCP), led by Luke Johnson, is reportedly looking again at selling its Gail’s bakery business, and has hired financial services firm Nomura to explore options.
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News‘As good as could be expected’ - operators react to the Budget
In what is now a well-worn routine, Boris Johnson was last week the bearer of bad news, announcing a much slower than preferred roadmap reopening, with hospitality apparently at the end of the queue.
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InterviewsGail’s CEO Tom Molnar: We’ll do more sites this year than two years ago
Tom Molnar strikes an almost Gordon Brown-esque note when he describes the artisan Gail’s Bakery a “prudent bakers”.
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NewsGail’s to open in Blackfriars
Gail’s, the Luke Johnson backed artisan business, is opening a new 50-cover bakery in Blackfriars.
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NewsCoffeesmiths entity leaves liabilities of £20m
Department of Coffee and Social Affairs operator CCL 02 Limited has unsecured creditors totalling more than £1.6m after going into liquidation, a statement of affairs by liquidator Quantuma has revealed.
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InterviewsLuke Johnson: ‘This lockdown has been incredibly harmful. We can’t allow it to happen again’
As restaurants, pubs and cafes set about preparing to reopen on 4 July, entrepreneur and investor Luke Johnson discusses what the future of the hospitality sector may look like.
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NewsLuke Johnson: “Paid idleness is good for no one”
The government’s furlough scheme is “encouraging idleness,” and should have been cut off sooner, Luke Johnson told attendees at MCA’s The Conversation.
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NewsGail’s to open new Windsor site
Bakery chain Gail’s is set to open a new site in Windsor this week, pushing on with expansion plans despite the coronavirus lockdown.
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NewsLuke Johnson: Lockdown will kill more than virus
Gail’s Bakery backer Luke Johnson believed the lockdown will cause more deaths than the coronavirus itself.
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NewsLuke Johnson urges operators seeking investment to contact him
Luke Johnson has urged certain hospitality operators seeking investment to contact him.
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NewsLuke Johnson: ‘Terrible trade-off’ lies ahead in virus fight
Luke Johnson has warned the UK could face a “Great Depression” and would have to decide if the containment measures were worth the “collateral damage” of falling living standards and damage to mental health.
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NewsListed groups make heavy losses amid coronavirus bloodbath
Listed restaurant and pub suffered a day of carnage today as the coronavirus outbreak took its toll on operators’ share prices.
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NewsM&A Review of the Year
It certainly hasn’t been a year in hospitality M&A for the faint hearted, but for those who have stuck with the sector and taken a long-term view, opportunity has knocked. Despite fears of an investor hiatus as a result of lingering uncertainty (ongoing Brexit delays certainly haven’t been helpful to M&A advisors!), the past 12 months has again proved the robustness of the M&A market in this sector, and points to further opportunities for 2020.
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NewsGail’s Bakery pre-tax profit up 10% to £1.1m
Gail’s, the artisan bakery chain backed by Luke Johnson, has reported turnover up 18.4% to £47.6m in the year ending 28 February 2019.