All articles by Georgi Gyton – Page 5
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NewsEvolv Collection ‘happy’ with 2024 performance during transition period
The premium hospitality group, formerly known as D&D London, reported turnover of £126.4m, for the year ended 30 September 2024, with loss before tax amounting to £13.4m. Sales performance has been strong since the year end
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Analysis & InsightLumina Intelligence: ‘Adaption is key to a thriving pub sector’
The growing popularity of live sports, the trend for lower tempo occasions and opportunites around social media are all ways pubs can boost footfall, according to Lumina Intelligence
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InterviewsHickory’s: ‘We are feeling confident about our current pace’
With the rate of new openings increasing under Greene King’s ownership, MD John Welsh speaks to MCA about the investments driving the BBQ smokehouse brand forward
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News200 Degrees announces record sales
The coffee shop, roastery and wholesale business – owned by The Nero Group – reported revenue had broken through the £20m mark for the first time, in the year to 31 March 2025.
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NewsDishoom’s launches co-working spaces at Permit Room
Dishoom has partnered with Werksy to offer co-working space at its Permit Room venues in Brighton, Cambridge, and Portobello Road
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NewsTortilla undergoes debt financing; CFO to step down
The fast casual Mexican chain has entered a new financing agreement with its banking partner Santander, which extends its current debt facilities from £10m to £12.5m. Separately, CFO Maria Denny will step down in September
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NewsGDK ups investment in kitchen automation
The doner kebab chain is trialling robotic meat shavers, with a view to rolling them out within the next year, in order to boost productivity and keep labour costs down
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Analysis & InsightRetail, travel and leisure driving net outlet expansion
The travel is poised to see the strong growth in revenue within the RTL channel – up 5.1% to reach £2.5bn, driven by the continued recovery in rail and air passenger numbers, according to a new Lumina Intelligence report.
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NewsStar Pubs to invest £4.5m in outside spaces
Around 88 pubs will benefit from improved gardens this year, with a quarter of these being themed to Heineken brands – and 83 pub buildings will be revamped on the outside to boost their kerb appeal.
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NewsBadiani to launch crowdfunding campaign
The Italian gelato shop operator, which has 14 UK sites, is to launch a crowdfunding campaign on Crowdcube as it looks to scale internationally.
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NewsChanging drinking habits fuelling NPD in ready-to-drink options
Gen Z aren’t necessarily less interested in alcohol than older generations, they just have different demands and drinking habits, according to Diageo.
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InterviewsOle & Steen: ‘There’s a renewed confidence in the business’
The Danish bakery and coffee shop paused new openings last year, but a strong sales performance and significant uplift in EBITDA last year has paved the way for discussions on expansion to restart again soon, UK MD Graham Hollinshead tells MCA
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NewsPlanned protests at KFC drive-thrus this summer
The fast food chain is bracing for a series of protests from animal rights activists The Humane League UK, in response to the its sourcing of fast-growing chicken breeds.
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NewsYum! Brands appoints new CEO
Yum!’s current chief financial & franchise officer, Chris Turner, will take over from David Gibbs in October, after he announced his intention to retire. Gibbs will remain an adviser to the company until the end of 2026.
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InterviewsMaginhawa Group looking to expand ice cream and café concepts
The multi-concept hospitality group is looking to open further Mamasons Dirty Ice Cream and Café Mama & Sons venues, and is considering options for international expansion, founder Omar Shah has told MCA.
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NewsStonegate confirms central support job losses
The group has reduced the size of its managed estate over the past two years, from around 800 pubs to approximately 500 – necessitating a small central support team, it said.
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NewsDrinking culture shifts peak karaoke bar bookings
The peak time for bookings at karaoke bar chain Lucky Voice has moved from 10pm, to 8pm, as more young people are choosing not to drink alcohol, its chief executive Charlie Elek said.
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NewsItsu appoints new marketing director
Annabel Mackie has joined the business from her role as managing director at creative agency Five by Five Global, having previously held senior positions at M&C Saatchi London
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NewsTimothy Taylor pub estate sees ‘significant recovery in profitability’
The brewer and pub operator reported an increase in profit before tax, from £0.5m to £2.7m, for the year ended 30 September 2024
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NewsRichard Caring apologises for Ivy’s demand for supplier discount
The restauranteur said the letter, which stated a “mandatory” 2.5% discount on invoices, was “totally incorrect” and had not been approved