All news articles – Page 1127
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FY EBITDA up 32.7% at Itsu
Itsu has reported that “soaring demand for healthier choices” led to a 32.7% increase in its EBITDA to £6.9m for the year to the 1 January 2015
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Everyman strengthens pipeline
Everyman Media Group, the cinema operator, said it swung to a pretax loss in its first half due to investment in ramping up its operations
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Bill’s lines up 70th site
Bill’s, the Richard Caring-backed group, has lined up two openings in the same day to mark its seventieth opening
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Food-focused pub accommodation booking site launches
A new website has been launched to showcase and arrange bookings for food-led pubs with rooms.
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Leelex secures Exmouth Market site
Leelex has secured the first site in London for its Cieo Blanco concept, after acquiring the site currently housing Bonnie Gull in Exmouth Market
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D&M eyes further rollout for Refinery
Drake & Morgan plans further rollout of its Refinery concept, include taking it beyond London, M&C has learnt.
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Authentic Pub Co launches Thai food delivery service
Authentic Pub Co has started a delivery service as part of the rollout of Thai cuisine across its estate, M&C understands.
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Hydes targets further growth in food-led pubs
Chris Hopkins, managing director of Hydes Brewery, has told M&C he plans to add one to two sites a year to it food-led destination arm but has said the company remains committed to its wet-led pubs.
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Mouna appointed Remarkable Restaurants MD
Elton Mouna, formerly of Fuller’s and Brewhouse & Kitchen, has been appointed managing director of London-based brewer and pub operator Remarkable Restaurants.
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Relax immigration laws to help address chef shortage, says recruiter
The chef shortage problem could be eased temporarily by relaxing Britain’s immigration laws to allow a ‘freer movement of chef talent’ around the globe, the director of hospitality recruitment company The Change Group has claimed.
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Gillham to stand down from Fleurets
Fleurets has announced that long-serving industry veteran Barry Gillham will stand down as chairman on 30 September
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Carlsberg launches crowdsourcing competition
Carlsberg has launched a crowdsourcing campaign aimed at generating ideas on how it can make its beer more sustainable.
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Eataly plans to be aired at Fourth conference
Eataly has big plans for expansion both in the UK and internationally, managing partner Adam Saper will tell Fourth’s annual conference in London on 1 October
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Revolution Bars FY lfls up 3%
Revolution Bars has reported like-for-like sales up 3% for the financial year ended 30 June.
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Soho House ‘withdraws £200m bond’
Soho House has withdrawn its £200m bond after a frosty reception from investors, who questioned its high leverage and limited free cashflow, Reuters has reported.
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Five Guys UK to hit 40
Five Guys UK has got nine new sites already secured in its pipeline, which will take its estate to the 40 mark by the turn of the year
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G1 Group reports EBITDA up 10%
Brian McGhee, the chairman of Scottish leisure operator G1 Group, has said the company’s 10% growth in EBITDA for the year ended 31 March is even more impressive given the more sluggish economic recovery seen in Scotland.
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Oliver to take self-funded route with restaurants
Jamie Oliver has decided not to sell a stake in his restaurant business but continue its expansion through a self-funded model
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Coco di Mama secures Southwark site
Coco di Mama, the Azzurri Group-owned, quick-service Italian concept, has opened its seventh site in central London and lined up its eighth
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Epic founders launch Heroic Pub Co
The founders of Epic Pub Company have raised £2.6m for a sister arm that will focus on leasehold sites in the south of England, M&C understands.