All news articles – Page 7
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Taro ventures outside London
The Japanese restaurant group has opened its seventh site in Brentwood as well as its eighth site in Catford
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Wingstop UK named fastest growing restaurant group
The wing brand was placed in The Sunday Times 100 fastest growing companies, alongside Jeremy Clarkson’s Hawkstone brewery, Wafflemeister and Emerald Hospitality
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San Carlo continues to grow
The premium Italian restaurant group is relocating Cicchetti Piccadilly while refurbishing and reopening the Flying Pizza in Leeds, which celebrates its 50th anniversary in 2024
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Des Gunewardena to open £10m restaurant at Olympia
The former D&D London boss is planning a new restaurant, bar and events space at the London exhibition venue, The Times reports
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Wimbledon serves up luxury hospitality deal with Le Gavroche revival
Sporting events increasingly focus on premium packages for wealthy individuals as corporate clients cut back
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Admiral Taverns: ‘It’s fantastic to be in the right place, at the right time’
CEO Chris Jowsey is pleased to see community, wet-led businesses in the ascendancy, and reports more applications to run a pub than ever before, noticing a younger, and more female profile amongst Proper Pub applicants
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Openings of the week
MCA rounds up this week’s biggest openings stories, featuring Wingstop, Slim Chickens, Market Halls and Burger Drop
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Heavitree grows sales despite wet weather
The Devon pub company and brewer increased turnover by 2.1% to £3.3m in the first half of the year, despite cold condiitons and an early Easter
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Tasty forecasts uplift in profitability
As part of a restructuring plan, the group renegotiated seven rent agreements and exited 19 loss-making sites sites
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Gordon Ramsay to enter India
The chef’s restaurant group is parterning with Travel Food Services on a three-year programme to open six restaurants under Street Pizza, Street Burger, and Gordon Ramsay Plane Food To-Go brands at airport terminals across India
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Investor revolt at Adnams
The chairman and director of the underperforming Suffolk brewer and pub company saw more than a third of shareholders vote against their re-election
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Karali Group acquires 46-strong Taco Bell portfolio
The sites were acquired as part of a pre-pack administration deal from Caskade Group. It follows news that 40 branches of KFC have been acquired by Adil Group from Caskade
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Nightcap to go private
The bar group believes it will have better access to supportive investors as a private company, and will be able to pursue its strategy at a faster pace, at a lower cost and potentially with less shareholder dilution
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Market Taverns further strengthens board
Nigel Parson, currently consultant analyst at Cavendish, has been appointed as a director for the pub group, following the recent appointment of Suzanne Baker
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Island Poke sold in pre-pack administration
The chain’s trading performance undermined the viability of the CVA put forth to creditors, resulting in a sale, according to Begbies Traynor
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Business leaders back Labour plans to overhaul Apprenticeship Levy
Signatories include the chief executives of hospitality groups such as Fuller’s, Stonegate, Revolution Bars, KFC and UKHospitality
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Doordash approaches Deliveroo for takeover
Reuters reports the San Francisco-based food delivery group flagged an interest in a takeover, but talks ended after disagreement on valuation
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Hawksmoor unveils new Chicago restaurant
The opening this week is a key step in the steak restaurant group’s international expansion plans, as it remains on target to clear £100m in sales this year
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Bone Daddies actively seeking new sites
The group is looking to expand its existing concepts - Bone Daddies, Flesh & Buns, and Shack-fuyu - and has entered a joint venture for a fourth brand
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Comptoir Group announces board changes
Ali Aneizi of Tamweel Capital has been appointed non-executive director, while Jean-Michel Orieux succeeds Dr Beatrice Lafon as chair of the board