All MCA Insight articles in October 2017 – Page 17
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NewsCaring appoints Hall to oversee restaurant concepts
Serial sector investor Richard Caring has appointed Graham Hall, currently at Ennismore, to aid the continued growth of his current restaurant concepts.
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News
NWTC FY revenue up 33%
The New World Trading Company grew sales 33% in the year to 31 March to £40.1m.
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Wagamama launches vegan menu
Wagamama has become the latest established operator to launch a dedicated vegan menu
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News
Cunningham steps down as Herman ze German MD
Craig Cunningham has stepped down as managing director of Herman ze German, the bratwurst concept, after just four months in the role
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Analysis & Insight
Service sector shows signs of stagnation
The UK service sector saw a continued upturn in business activity in September - though the rate of expansion edged up only slightly since August, and was weaker than average in the first half of the year.
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News
Diageo to develop Guinness brewery site
Diageo is seeking a partner for a major development at the site of its Guinness brewery in Dublin, which it plans to turn into shops, offices and leisure units.
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Ex-BrewDog MD joins Chapel Down
Chapel Down has hired former BrewDog managing director Gareth Bath to oversee its premium beer and cider brand Curious
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GB Pizza Co heading to Didsbury
GB Pizza Co, the Margate-based restaurant concept from Rachel Seed and Lisa Richards, is launching its first franchised site in Didsbury, MCA understands.
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NewsLeon set for Horseferry Road
Leon is set to further strengthen its central London estate with an opening in Westminster
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News
Fazenda eyes Glasgow opening
City District Group, founders of the Fazenda Bar & Grill, is searching for locations in Glasgow
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NewsAnalyst corner: Morgan Stanley on Costa
Leading analysts at Morgan Stanley have issued a note arguing that they believe there’s room for 530 more Costa sites in the UK
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News
Young’s gains employer provider status
Young’s has been awarded “employer provider status”, allowing it to become an official training provider for apprentices
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News
Nuns to launch chicken pop-up – Nundos
Channel 5 is to promote its new TV series Bad Habits: Holy Orders through a pop up restaurant in Shoreditch called Nundos
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Analysis & Insight
Confidence in sector falls among senior figures
Confidence among senior executives in the eating out sector about the general market has continued to fall as cost pressures and external challenges start to bite.
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NewsHaley leaves Starbucks to become Pret CPO
Pret A Manger has appointed Michael Haley, director – licensed and franchised stores EMEA at Starbucks, as its new chief partnership officer
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NewsDeltic sets out Revolution merger terms
Deltic has set out the terms of its proposed merger with Revolution Bars Group.
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NewsMyers to step down as Busaba CEO
Jason Myers is to step down as chief executive of Busaba Eathai, the Phoenix Equity Partners-backed group
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Osmond: Mid-market units could become unviable
Hugh Osmond, the sector investor, has said that combination of issues including increases in minimum wages, rates and food costs, will make many mid-market units unviable
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News
Lfls up c7% at Banana Tree
South-east Asian restaurant group Banana Tree saw its like-for-like sales increase by c7% in the five months from May to September. The company, which opened its ninth site last week in Chelmsford, saw like-for-like sales rise 10% in September alone. “With a backdrop of rather depressing hospitality news, we are ...
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News
Swingers set for Oxford Circus opening
The Institute of Competitive Socialising will confirm later today that it has secured a second site for its Swingers concept Oxford Circus