All news articles – Page 578
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News
Pure FY sales pass £15m mark
Pure, the healthy, food-to-go concept, in which Whitbread acquired a 49% stake in 2016, saw sales climb 27% to just over £15m in the year to 28 December 2017, helped by the addition of three new sites and like-for-like sales growth.
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News
Giggling Squid to replace Loch Fyne in Oxford
Giggling Squid, the Business Growth Fund (BGF)-backed group, has further strengthened its openings pipeline, after securing the former Loch Fyne site in Oxford, MCA understands.
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News
Burning Issue
As Burning Night goes into administration, MCA news editor Finn Scott-Delany looks at its track record of raising investment, and asks whether more accountability is needed to protect investors in crowdfunding campaigns.
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NewsPatisserie Valerie owner faces crisis 'over £20m accounting hole'
Patisserie Holdings, the owner of Patisserie Valerie, has suspended its shares from trading on AIM after uncovering “significant, and potentially fraudulent, accounting irregularities”.
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News
Marston’s acquires 15 Aprirose pubs
Marston’s has reached agreement to acquire 15 former Mitchell’s & Butlers’ pubs from Aprirose.
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NewsLV puts Artisan and Manchester House into administration
Living Ventures has said that after ”a period of difficult trading” it has taken the decision to put its Artisan and Manchester House businesses into administration.
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NewsCity Pub Group raises £6.2m though Placing
City Pub Group has raised £6.2m through a share placing as it seeks to capitalise on opportunities in a “softening acquisitions market”.
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NewsBurning Night placed into administration
The Burning Night Group, the Leeds-based bar operator, has been placed into administration, MCA understands.
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NewsBrewDog to launch bar franchise offer
BrewDog is to launch a bar franchise offer in the UK, as part of its BrewDog Blueprint of 30 initiatives to drive growth over the next decade.
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NewsTodd promoted to MD of K10
Reuben Todd has been promoted to managing director of London-based sushi concept K10, as the brand eyes further growth in the capital in 2019.
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NewsAmber Taverns secures first Scottish site
Amber Taverns, the wet-led community pub operator, has secured its first site in Scotland, MCA understands.
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NewsHonest Burgers reports FY EBITDA increase
Honest Burgers, the Active Partners-backed chain, has reported a rise in both restaurant EBITDA and Group EBITDA in the year ended January 2018, driven by the opening of seven new restaurants, including the first out of London locations in Reading and Cambridge
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NewsBurger & Lobster posts £2.4m profit
Burger & Lobster recovered from a £10m loss in 2016 to post a £2.4m profit in 2017.
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NewsFood hall concept to launch in Urmston
A new-build food hall concept is set to launch in Urmston, Greater Manchester.
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NewsOrange Buffalo launches Kickstarter, opening in Tooting
The Orange Buffalo, the New York style wings concept, has launched a £40,000 Kickstarter campaign to fund its debut bricks and mortar site in Tooting.
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NewsDaniel Johns invests £10m in Rock Spice
Daniel Johns Group, the property management company, has invested £10m into the launch and development of Rock Spice, a high-end fusion restaurant concept.
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News
Fisk to double up in Harrogate
Fisk is to open a second site in Harrogate – its third in total, at Montpellier Mews, next month.
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NewsBuongiorno e Buonasera opens in Bicester Village
Buongiorno e Buonasera, the Italian café and deli concept, has opened a third site at Bicester Village.
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NewsJollibee eyes 25 UK restaurants
Jollibee Foods, the Philippines’ fast-food group which is opening its debut site in Earl’s Court, has said it plans to open 25 restaurants in the UK within five years
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NewsSoho Coffee Co to open brew bar concept
Soho Coffee Co is to launch a new ‘brew bar’ concept at Westfield London in Shepherd’s Bush.