All news articles – Page 529
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NewsKottler joins Gaucho as CFO
Former D&D London chief financial officer, Jim Kottler, has joined Gaucho in the same role.
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NewsDerry joins NWTC board
The New World Trading Company (NWTC) has appointed Mark Derry as a non-executive director.
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NewsRufus Hall to head new management team at Epic
Rufus Hall, the former Orchid Group chief executive, has been appointed chairman of the 11-strong Epic Pubs estate, with Jo Probert, formerly of Slug & Lettuce coming in as MD.
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NewsYosma to be replaced by Playa Bar
Good Food Society, the high-end restaurant group, has closed its Yosma restaurant in Marylebone, and is replacing it with new concept Playa Bar, MCA understands.
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NewsEast Coast Concepts appoints Kaye as MD
East Coast Concepts, the Manchester-based operator of Neighbourhood and Victors, has appointed Simon Kaye as managing director, as it targets growth across the UK, MCA has learnt.
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NewsBEAR eyes rollout with Jack Wills
BEAR, the East Midlands based coffee shop operator, has confirmed its partnership with Jack Wills, as flagged up by MCA earlier this month, and said the format could be rolled out across the UK and worldwide.
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NewsTaco Bell makes senior hires amid aggressive UK expansion
Taco Bell has appointed Graham McGarvie, formerly of Yum Brands stablemate KFC, as European director of operations, MCA has learnt.
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NewsAntipodea goes into partnership with Jigsaw
Antipodea, the Australian-style all-day restaurant concept from the Wells group, is launching a collaboration with Jigsaw, with the debut café to open at the retailer’s Notting Hill shop in Westbourne Grove, MCA has learnt.
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Big Bao to launch second concept
The operators of Bristol-based Big Bao are opening a new Vietnamese concept, Sen Café.
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NewsMosaic takes on Antic site, wraps up two other deals
Mosaic Pub & Dining has taken on the Jam Circus in Brockley from Antic as well as acquiring The Admiral Hardy in Greenwich Market.
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WBB acquires City Pub site in Oxford
West Berkshire Brewery, the David Bruce-led group, has taken on its first wholly-owned pub, MCA has learnt.
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NWTC named fifth best company to work for
The New World Trading Company has been named in the top 5 best companies to work for in the Sunday Times’ annual rankings.
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TRG appoints brand strategy director
The Restaurant Group has promoted Elise Ash to the role of strategy and brand director, MCA understands.
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NewsSelect Committee report urges business rates shake-up
Significant reform of business rates, a pause in extending permitted development rights and the scrapping of upward-only rent reviews are among the recommendations from a select committee inquiry into the future of our high streets and town centres.
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NewsAmber to focus on retail units for growth
Amber Taverns managing director James Baer has told MCA that the group’s main focus for expansion is now the acquisition of retail units.
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Uber Eats to cut fees and admit restaurants with own delivery function
Uber Eats has announced it will cap its fees at 30% of an order value – down from 35% - and said it will start to list restaurants that want to make their own deliveries.
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NewsAnalysts corner: HSBC on pubs
Analysts at HSBC have assessed the likely impact of radical changes to lease accounting, which came into force at the start of the year, on the pub sector. They say the introduction of IFRS may lead to reappraisals of valuation multiples and could increase concerns about debt levels.
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NewsAward-winning Turkish restaurant Kosebasi secures first UK site
Award-winning global restaurant brand Kosebasi is understood to have secured the former Valentina site at 75 Upper Richmond Road, Putney, for its first UK restaurant, MCA understands.
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NewsJamaica Blue to open concession in Next
Jamaica Blue is to open a concession site within clothing store Next, and hints there could be more to come, it has been reported.
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NewsAnalysts corner: Peel Hunt on TRG
Peel Hunt analysts Douglas Jack and Ivor Jones reflect on Andy McCue’s decision to step down from The Restaurant Group, and what it means for the company. They warn that “although restaurant supply has finally started to fall, declining in-store demand and rising costs point to years of correction”.