All Late Night Bars and Clubs articles – Page 4
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NewsAlan Lorrimer leaves The Piano Works
The serial hospitality entrepreneur and sector campaigner leaves after Nightcap acquired the interactive music bar concept earlier this year
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NewsNightcap shareholders approve plan to go private
The bar group believes as a private company it will have access to investors more likely to support its strategy of consolidating the late night sector
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NewsNightcap raises additional £1.5m
The bar operator has now received subscription commitments for a total of £2.25m as it looks to capitalise on opportunties to consolidate the bar sector
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NewsNightcap hires director of business operations
Sarah Miller joins after five years with Stonegate, including two years as business unit director for its late night division including Be at One, Slug and Lettuce and Popworld
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NewsNightcap looks to raise £3.5m
The late night group is issuing new shares as it looks to capitalise on stress in the market and consolidation opportunities in the bar sector
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NewsNightcap: Revolution Bars brands could be ‘excellent addition’ to portfolio
The group is assessing options, including the acquisition of sites, subsidiaries, assets and brands of Revolution Bars, as well as a possible offer for its entire share capital
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NewsMayor launches ‘Let’s do Fridays’ travel scheme
Sadiq Khan’s plan to encourage more activity in the capital with off-peak rail travel was hailed as “ground-breaking” and a “much needed shot in the arm” for the sector
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NewsNightcap acquires The Piano Works
Since November 2023, the Piano Works has had a successful residency within Nightcap’s Barrio Covent Garden venue, resulting in a significant uplift in revenues and adding an established, interactive live music entertainment concept to Nightcap’s portfolio
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NewsRekom UK sold for £19.5m in pre-pack
Just one offer was received for the group of companies from a connected party, after it was established that no new investment was available from existing shareholders or secured creditors
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NewsNightcap counts cost of rail strikes
CEO Sarah Willingham railed against the “ruthless continuation” of the industrial action, which is estimated to have cost the company £2.9m in lost revenue, and seen like-for-like revenues decline by 12.5%
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NewsTom Kidd leaves Nightcap
The Adventure Bar Group co-founder leaves the listed late-night operator two years after it acquired his business
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OpinionFreeing London’s nightlife
Nick Weir, joint managing partner at Shelley Sandzer, argues the capital needs a breath of fresh air and new ideas to rediscover its groove post-Covid
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NewsRekom UK: ‘Our 200-site target might take longer to reach than planned’
The late-night operator is doubling-down on its cluster strategy, which will entail the closure of several single sites in some of the UK’s smaller towns and cities, chairman Peter Marks reveals
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NewsSarah Willingham: Dirty Martini deal was ‘quite uncomplicated’
The Nightcap CEO said aside from Dirty Martini’s debt-laden balance sheet, which led it into a pre-pack administration, the cocktail bar business was quite similar in terms of its P&L to the group’s existing businesses
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NewsNightcap acquires Dirty Martini in £4.65m deal
The late-night bar operator has entered into an asset purchase agreement to acquire Dirty Martini’s 10 bars, as well as Tuttons Brasserie in a pre-pack deal
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InterviewsInception Group: ‘The roaring 20s will come again’
Co-founder Charlie Gilkes speaks to MCA about the London bar group’s ideas for new concepts, opportunities to grow existing brands, and its mission to create memorable experiences
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InterviewsSimmons Bars: ‘We’re planning to start national roll-out next year’
The group will open its 26th site in June and has four more in legals, including its first outside central London, CEO Nick Campbell tells MCA.
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NewsCalls for VAT cut to halt string of nightclub closures
Ten nightclubs are closing every month in Britain as pressures continue to weigh on the sector, The Times reports
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NewsFirst Night Time Economy Advisor appointed for West Midlands
Restauranteur Alex Claridge has been appointed to the role and will act as a champion for the region’s pubs, clubs, bars and restaurants
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Analysis & InsightSignificant number of consumers planning cuts to nights out
More than three-quarters of consumers are planning to cut down on nights out, the latest Rekom Night Index has found.