All news articles – Page 813
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News
Sethis to back new venture from Mohacho
Karam and Jyotin Sethi are backing the launch of the new venture by Nieves Barragán Mohacho, former head chef of Barrafina
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Prezzo appoints new chief people officer
Prezzo, the TPG Capital-backed group, has appointed Mark Powell, formerly of Poundland, as its new chief people officer
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VQ planning 10 more sites in 3 years
VQ, the extended hours restaurant concept, is looking to open 10 new sites in the next three years – though 24-hour opening hours will not be a deal breaker for the growth strategy.
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Usher secures funding for Wreckfish
Gary Usher has broken through his crowdfunding target of £200,000 for his new Liverpool restaurant Wreckfish
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MRO taken up by just eight licensees
Only eight licensees have taken up the market-rent-only (MRO) option across five of the six pubcos governed by the pubs code since it came into force in July 2016.
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Cote refinances existing debt package
Cote has completed a refinancing of its existing debt package, on the back of delivering “strong like-for-like growth”
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KFC to make UK airport debut
KFC is to make its debut in a UK airport after signing franchise deal with HMSHost
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L’Oscar receives £24m funding package
L’Oscar, the upcoming luxury London hotel and restaurant, has received £24m funding towards its development
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Intu launches incubation programme for start-ups
Intu launches incubation programme for start-ups in the hope of developing innovative businesses that will shape the future of retail and leisure
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GBK sales surge following takeover
Gourmet Burger Kitchen (GBK) contributed £35m in revenue to Famous Brands in the 20 weeks following its acquisition by the South African group last October.
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Bleecker and Koya linked to Bloomberg scheme
Bleecker St Burger and Koya are the latest concepts to be linked with opening at the Bloomberg Place development
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ASK secures prime Leeds site
ASK Italian is to further strengthen its presence in major UK cities, with an opening in Leeds
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Joule’s to return to acquisition trail
Joule’s Brewery managing director Steve Nuttall has told MCA that the group is to focus on an organic growth rate of two new Brewery Taps a year.
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B&B bookings up 19% year-on-year
Bed & Breakfast bookings are up 19.2% on this time last year according to new figures.
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NewsHodgson steps down as PizzaExpress CEO
Richard Hodgson has stepped down as chief executive of PizzaExpress due to “personal reasons”
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NewsRamsay’s restaurant group swings back into profit
The restaurant business of Gordon Ramsay has returned to profit thanks to restructuring and international expansion
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NewsTodd to aid launch of Which Wich in the UK
Kevin Todd, the former Mitchells & Butlers (M&B) managing director, is advising on the UK launch of Which Wich
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Imbiba invests in Purple Dragon
Investment firm Imbiba has invested a seven-figure sum in the family-focussed private members’ club, Purple Dragon.
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Byron appoints Saunders as head of property
Byron, the Hutton Collins-backed group, has appointed Adrian Saunders, formerly of Wagamama, as its new head of property
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Analysts corner: TRG
Mark Irvine-Fortescue, of Panmure Gordon, gives his view on this morning’s trading update from The Restaurant Group.