Pubs, Bars & Clubs News – Page 116
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NewsThe Alchemist set to bolster London presence
The Alchemist, the Palatine Private Equity-backed, Simon Potts-led cocktail bar and restaurant concept, is set to increase its presence in the capital, with two new openings, MCA understands.
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Chesser confirmed as new Punch CEO
Greene King has confirmed that Clive Chesser, managing director of its Brewing & Brands division, will be leaving the business on 31 May to become chief executive of Punch.
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NewsETM secures £10m funding package
ETM, the London-based pub and restaurant operator, has secured a £10m funding package from HSBC, which will allow the group to accelerate its growth plans.
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NewsJDW shuts social media accounts
JD Wetherspoon has announced it is to close its Twitter, Instagram and Facebook accounts for its individual pubs and head office, with immediate effect.
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NewsVinoteca launches wine membership club
Wine bar and restaurant Vinoteca has launched a wine membership club, where consumers can sign-up to receive a hand-picked case of six wines per month, MCA has learnt.
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Grays & Feather to open sparkling wine bar
Grays & Feather is opening, what it claims is London’s first sparkling wine bar, in Covent Garden this summer.
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Eksteen departs Laine to launch own company
Evan Eksteen, the former operations manager for Laine Pub Company’s London estate, has set up his own business.
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NewsWatson: ‘We want to join up the dots’
Clive Watson, executive chairman at City Pub Group, talks to MCA about its pipeline for 2018 and why accommodation is on the agenda.
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NewsBeds & Bars FY sales up 9%; eyes funding options
Beds & Bars has reported sales up 9% for the year to March 2018 to exceed £50m for the first time, as it gears for a new funding push.
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Ex-Mahiki mixologist takes on Be At One Islington site
Georgi Radev, former manager of London’s Mahiki bar, is to launch his own venture after acquiring the ex-Be At One site in Islington
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NewsWaddington to depart Brains after 17 years
Scott Waddington is to step down as chief executive of Welsh brewer and pub operator, SA Brain, after 17 years in the role.
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NewsAnalysts Corner: JP Morgan and Goodbody on Greene King
Leading analysts Alexander Mees from JP Morgan and Brian Devitt from Goodbody, gave their views on Greene King’s trading update for the 49 weeks to 8 April
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NewsAnalysts Corner: Berenberg on City Pub Group
Leading analysts at Berenberg shared their thoughts on City Pub Group’s final results for the 53 weeks ended 31 December 2017 this morning
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City Pub Group lfls up 3.8%; EBITDA UP 51%
City Pub Group has announced like-for-like (lfl) sales growth of 3.8%, as revenue jumped up 35% to £37.4 million for the 53 weeks ended 31 December 2017.
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NewsGreene King managed lfls down 1.8%
Greene King has this morning reported a 1.8% decline in like-for-like sales across its managed pubs division
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NewsLivelyhood pub group to open in Crystal Palace
Livelyhood pub group is to open a new pub in Crystal Palace, next month, MCA has learnt.
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Gorgeous launches Savage Garden rooftop bar
Gorgeous Group, the Robbie Bargh-led hospitality consultancy, is launching a new rooftop bar, Savage Garden, at the DoubleTree by Hilton Hotel London – Tower of London.
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NewsBrick & Liquor gearing-up for crowdfunding campaign
Neighbourhood cocktail bar concept Brick & Liquor is “strongly considering” launching a crowdfunding campaign in the next few months to raise the capital needed for a third and fourth site, MCA has learnt.
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NewsStar Pubs & Bars launches enhanced support package
Star Pubs & Bars is to launch an enhanced package of support for its Just Add Talent operators.
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South Coast Inns looking to focus on larger sites
South Coast Inns is looking to expand its business through the acquisition of larger sites with greater numbers of rooms, MCA has learnt.