Pubs, Bars & Clubs News – Page 329
-
NewsDraft House lfls up 10%
Like-for-like sales for Draft House, the London-based craft beer bar concept, are currently about 10% ahead of last year and the group expects to make “significant” net profit and EBITDA in its current financial year, founder Charlie McVeigh has told M&C Report
-
NewsSt Austell to open smokehouse and craft beer venue
St Austell Brewery, the Cornish brewer and pub operator, has revealed plans to transform its new £1.5m site in Exeter into a smokehouse and craft beer pub-restaurant
-
NewsDraft House reports sharp growth in EBITDA and sales
Draft House, the London-based craft beer bar concept, saw EBITDA before opening expenses grow 163% to £251,620 in the eight months to June 2014, while year-on-year sales increased 29% to £3.2m
-
NewsBatemans FY profits slide
Batemans, the Lincolnshire brewer and pub operator, saw pre-tax profits slide 29.9% to £168,135 in the 12 months to 31 January 2014 in what it called “another challenging year”.
-
NewsBillingham 'to relinquish exec chairman role'
Stephen Billingham is to relinquish his role as executive chairman of Punch Taverns once the company completes the restructure of its debts, according to The Times
-
NewsGatecrasher denies 'sensationalist' rumours of bad practice
Nightclub group Gatecrasher has issued a strong-worded statement denying online rumours relating to alleged bad practice over payments following the pre-pack administration that it underwent last year, along with other “sensationalist” reports from parties with “vendettas”
-
News
London Village Inns looks to double estate
London Village Inns, the pub operator based in north-London is looking to grow its estate from six pubs to between 12 – 15, M&C Report has learnt
-
News
Marylebone Leisure reveals new concept
Marylebone Leisure Group is to re-open a former Bramwell Pub Company site in London’s Farringdon under a new format focused on in-house spirits and infused cocktails, M&C Report has learnt
-
News
Eclectic rebrands Lola Lo Bournemouth as Sakura
Eclectic, the listed bar group led by Reuben Harley, is to re-open Lola Lo in Bournemouth under its Japanese-style brand Sakura
-
News
Electric Star planning six pubs
Electric Star, the London-based pub operator led by Rob Star, is looking to open another pub each year to grow its estate to six before looking at other ways to grow the group, M&C Report has learnt
-
News
Belhaven to introduce MatchPint
Belhaven, the Greene King-owned brewer and pub operator, is to introduce the football and rugby-linked consumer giveaway app MatchPint at its pubs in Aberdeen, Glasgow, Edinburgh and Stirling
-
News
TCG likely to exceed charity target
TCG, the managed operator, has said it’s likely to exceed its £100,000 fundraising target for Cancer Research UK through its “Run, Row and Ride” event on 3 September
-
News
Punch pubs embrace apprenticeships
A total of 180 Punch Taverns pubs have got involved in the company’s apprenticeship programme, with 42 licensees having taken on new apprentices, the group has said
-
News
Punch restructure 'will grow equity value by 17%'
The proposed reduction in Punch Taverns’ debt under its restructure proposals would grow the equity value of the company by 17%, or 1.7p per share, a leading analyst has said
-
News
Craft Beer Co to host second beer festival
Craft Beer Co is set to showcase 100 beers from the best breweries across the UK at its second festival next month
-
NewsPunch launches proposed debt restructure
Punch Taverns has announced the launch of its restructure, which had been delayed from last Monday, saying that its new structure is set to be in place from 8 October subject to approval from creditors
-
News
Eclectic to relaunch Chelsea’s Embargo 59
Eclectic is to relaunch its Embargo 59 nightclub in Chelsea’s King’s Road, under the name Embargo Republica
-
NewsWalkabout has the potential to return to 50 sites
Intertain has said it has already received interest from a mixture of private equity and high-net worth individuals
-
NewsIntertain explores investment options
Intertain has appointed advisors to help secure new investment in the business to finance its expansion plans
-
News91% of JDW pubs received 5 star FSA rating
JD Wetherspoon has scored the maximum five star rating in the Food Standards Agency Food (FSA) Hygiene Rating Scheme for 747 of the 816 Wetherspoon pubs listed on the FSA website