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All articles by Georgi Gyton
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NewsSushi Samba Group reverses losses in 2023
The global hospitality group reported strong trading, with turnover up by 12% in 2023, to £15.3m, and the company achieving a profit after tax of £384k, compared to a loss of £768k in 2022.
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NewsVote for your winners before 19 January deadline
Voting for the MCA Hospitality Awards 2025 closes this Sunday so make sure you have cast your vote in the 12 hotly-contested categories.
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NewsHospitality sector could suffer £1bn loss if rail strikes go ahead
Avanti train managers represented by the RMT have said that they will strike on every Sunday from 12 January to 25 May, this year.
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NewsFestive trading at JW Lees up 10.3%
Food sales were up 12.7%, with drink sales +10.3%, however accommodation sales were down by 2.7%, due to the slowdown in staycations and closure of the port of Holyhead.
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NewsVarious Eateries names Mark Loughborough as new CEO
Loughborough, who joins the board on 20 January 2025, brings more than 30 years of experience in the hospitality sector, having spent the past 14 years at Young’s as retail director. Meanwhile current executive chairman Andy Bassadone will transition to the role of executive director
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InterviewsUrban Pubs & Bars’ Rising Star tipped as future CEO
Managing director Chris Hill praises divisional director Ben Atkinson’s “outstanding talent”, in the second in a series of profiles on our Rising Star finalists ahead of the MCA Hospitality Awards
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Analysis & InsightDelivery and takeaway sales continue to grow
Like-for-like sales among Britain’s leading restaurant groups were up by 6.2% on November 2023’s figure – the tracker’s highest figure since June 2024, according to CGA by NIQ
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InterviewsDrake & Morgan’s Rising Star ‘integral to the success of the business’
Drake & Morgan’s Graham Hall pays tribute to “superstar” people and culture director Chantelle Christy, in the first of a series focussing on Rising Star finalists ahead of the MCA Hospitality Awards
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NewsRare Restaurants sees turnover up but losses widen
Since the year end, the Gaucho restaurant operator has continued to ”outperform market measures”, with strong like-for-like growth through the Christmas period and a positive start to 2025, marketing director Mark Sansom tells MCA
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Analysis & InsightPubs and restaurants saw modest December sales growth
For British consumers looking for ways to make savings, almost half (49%) said they planned to cut back on eating out in restaurants last month, with spending also impact by winter illness, according to Barclays
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NewsRitchie steps down as Buns From Home CEO
Shereen Ritchie is leaving her role after nearly two years at the business, with founder Barney Goff to take over as chief executive
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NewsPure reduces losses and continues to focus on B2B channel
The food to go retailer and caterer said travel strikes during 2023 could not stop the momentum of its growing catering business which now makes up 35% of overall sales
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NewsUpham Group exploring funding options
The pub group is “optimitistic” it will secure the funding needed to complete on several acquisitions early in the New Year, director David Butcher tells MCA
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NewsWasabi directors ‘excited by future growth potential’
The sushi and bento brand reported a turnaround year in 2023, with profit after tax of £7.4m, continued strong performance in 2024 and plans to explore franchising
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NewsRosa’s profits swing to loss in FY24
The Thai restaurant group has reported a significant increase in sales and adjusted EBITDA For the 53 weeks to 31 March 2024, but achieved a loss after tax for the year.
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NewsC&C Group appoints new CEO
The drinks group has named Roger White as its next chief executive. He will take over from Ralph Findlay on 20 January 2025.
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NewsMcWin Capital in talks to acquire Gail’s
McWin Capital Partners is in talks to buy Gail’s Bakery, as it looks to pre-empt a sales process for the premium neighbourhood bakery chain, Bloomberg has reported.
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NewsHoni Poke: ‘Consumer demand is giving us the confidence to expand’
The 22-strong poke bowl business believes there is “a lot of potential for growth”, and is targeting 15 new sites over the next 12 months, co-founder Vladimir Martynov tells MCA
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NewsYolk to launch coffee subscription
Launching in January, its tiered subscription service, Yolk BrewClub, will be available across its nine sites in central London.
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NewsDomino’s among bidders for Wingstop UK franchise
The pizza delivery business is among several bidders interested in acquiring the Wingstop UK franchise, in a deal which could value the QSR business at £400m, the FT has reported.