All news articles – Page 1536
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Pernod Ricard H1 Europe sales grow 4%
Strong growth in Europe for Pernod Ricard helped mitigate the impact of sharply falling sales in China in the first half of its financial year, as overall performance for the wine and spirits business improved in Q2
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Johnson to act as adviser to new funding platform
Sector investor and chairman of Risk Capital Partners Luke Johnson is to act as “special adviser” to a new crowd-funding initiative being launched by Sir Richard Branson’s entrepreneur’s network
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Bondholders: Alternative restructuring plan for Punch 'well advanced'
A group representing senior bondholders of Punch Taverns has urged creditors to support its alternative restructure proposal, which it says is “well advanced amongst creditor groups
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Carluccio’s eyes entry into US
Carluccio’s, the all-day Italian café chain led by Simon Kossoff, is believed to be exploring opportunities to launch in the US
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Grand Union gears up for next stage of growth
London-based bar operator Grand Union has unveiled plans to triple the size of its estate and eventually expand outside of the capital, having recently rolled out new food and drink menus across its existing eight sites
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Rollout planned for Japanese fast-casual concept
US-based Japanese food producer Peace Dining Corporation will launch Japanese fast-casual restaurant brand Hai Street Kitchen & Co in London next month with plans to open up to 20 sites in the UK by the end of 2020
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Pembroke takes stake in Chilango
Pembroke, the venture capital trust, whose investors include Sir Charles Dunstone, the Carphone Warehouse founder, and the Next chief Lord Wolfson, has taken a stake in Chilango
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Heineken UK FY beer volumes dip
Heineken saw UK beer volumes decline by a “low-single digit” figure in 2013, with the market “impacted by a fragile economic environment”
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Shoryu to launch Go format
Shoryu, the Hakata ramen concept owned by the Japan Centre group, will open its third site in London, named Shoryu Go, next month
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Operators sought for NIA extension
Restaurant and bar operators are being sought for a new extension to the National Indoor Arena (NIA) in Birmingham
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Rhubarb creates new restaurants role
Experienced restaurant manager Romain Pottier has joined event contract caterer and restaurant operator Rhubarb in the newly created role of director of restaurants
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New polenta concept could rollout
A new restaurant and take-away specialising in polenta dishes that opened in London’s Soho in December may become the first of a few
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Beds and Bars names first retail training manager
Beds and Bars, the bars-meets-hostels operator, has appointed Luke Knowles, son of chief executive Keith Knowles who has previously worked for companies including Novus, to the new role of retail training manager
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Timothy Taylor’s makes senior ops appointment
Timothy Taylor’s, the Yorkshire-based brewer and pub operator, has appointed a former Association of Licensed Multiple Retailers operations manager of the year to the role of pub estate operations manager
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Lowe returns with Lyle’s
James Lowe, one of the three chefs behind The Young Turks, has announced plans for his first sold restaurant opening this May in Shoreditch
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French reiterates Sell for Cineworld
Leading analyst Simon French has reiterated his Sell recommendation for Cineworld’s and increased his Target Price from 260p to 295p
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Pizza Hut UK chair joins Bloomin’ Brands board
David Fitzjohn, chairman of Pizza Hut UK, has joined the board of US casual dining operator Bloomin’ Brands, the owner of the Outback Steakhouse chain
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Scotland plans alcohol licence fee changes
The Scottish Beer and Pub Association (SBPA) has given a cautious welcome to plans to make some changes to the alcohol licence fee structure in Scotland
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TGI Friday’s confirms 2014 plans
TGI Friday’s, the Karen Forrester-led group, has confirmed plans to open seven new sites this year, creating 700 new jobs in the process
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Punch withdraws debt resolutions for more talks
Punch Taverns has withdrawn its proposed debt restructuring proposals that were to be put to its creditors on Friday (14 February) “following feedback from a range of stakeholders”