Pubs, Bars & Clubs News – Page 402
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Briatore eyes UK for Billionaire brand
Flavio Briatore, the Italian businessman and former Formula One team boss, is understood to be in talks to launch his high-end nightclub brand, Billionaire, in to the UK
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Darwin & Wallace closes in on second site
Imbiba Partnership, the investment vehicle led by John Connell, is closing on a second site for its fledgling Darwin & Wallace (D&W) format, as it gears up to launch its third round of fundraising
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NewsFrench holds JDW forecast
Leading analyst Simon French has reiterated his Buy recommendation and 806p Target Price for JD Wetherspoon following the managed operator’s Q1 results yesterday
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NewsJDW projects up for design awards
Harrison Ince Architects have been shortlisted for the Northern Design Awards 2013 for its work on two Wetherspoon pub projects
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NewsCamerons appoints new pub estate director
Camerons, the Hartlepool-based brewer and pub operator, has appointed Joe Smith, former operations manager at Greene King, as its new pub estate director, as it looks to triple the size of its pub estate over the next two years
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Bramwell sites on market spread across UK
The 35 former Bramwell Pub Company sites that have been placed on the market with Christie + Co are located in a fairly even split across the country
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NewsJDW secures £100m expansion fund
JD Wetherspoon has secured an extra £100m facility for its expansion plan, chairman Tim Martin has told M&C Report
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NewsThwaites eyes disposals and acquisitions
Rick Bailey, chief executive of Lancashire-based brewer and pub operator Daniel Thwaites, has told M&C Report he expects the company to dispose of more bottom end pubs and reiterated plans to acquire additional high quality sites
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NewsFurther Bramwell closures expected
Further closures of pubs operated by Bramwell are expected after another six of the group’s sites were closed and placed on the market, following the company being placed into administration last week
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Charles Wells creates new digital role
Charles Wells, the brewer and pub operator, has created a new role that focuses on improving its on-line presence
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Spirit promotes Young to facilities director
Spirit Pub Company has promoted David Young from head of investments to investments and facilities director
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Pint Shop concept launches
Pint Shop, the contemporary beer house concept, founded by Benny Peverelli and Richard Holmes, formerly executive chef and head of operations respectively at Leon, has launched in Cambridge
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Tommy Flynn's pub brand up to four
London Metropolitan Taverns, the London-based pub operator led by Sean Flynn, has opened its fourth pub under the Tommy Flynn’s brand and its first outside the capital, in Northampton
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Castle Rock appoints head of sales
Scott Ryder has been appointed to the newly created post of head of sales at the Nottingham-based Castle Rock Brewery
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Ideal launches new build Boat House Cafe
Ideal Collection is opening its seventh site in Chichester, West Sussex next week (15 November)
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NewsJDW raises openings target; Q1 lfls rise 3.7%
JD Wetherspoon, the managed pub operator, has increased its full-year openings target to between 40 to 50 as it reported a 3.7% rise in like-for-like sales in the 13 weeks to 27 October, with a slight dip in operating margin
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NewsThwaites H1 PBT grows 24.5%
Daniel Thwaites, the Lancashire brewer and pub operator, saw pre-tax profits rise 24.5% to £4.9m in the six months to 30 September and said it has witnessed an improvement in consumer confidence
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Balfour Lynn eyes London pub estate
Richard Balfour-Lynn, the founder of MWB Group Holdings, the former owner of the Hotel du Vin and Malmaison chains, is looking to build an estate of pubs in London, M&C Report understands
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NewsCollyer: Muted lfl growth at JDW expected
A leading analyst has said that he expects JD Wetherspoon to report muted like-for-like growth when it updates on first quarter trading tomorrow and that he continued to believe the key for the company is to deliver margin improvements and grow the FCF and dividends
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NewsStonegate's Missoula launches US-inspired menu
Missoula, the Stonegate-owned high street bar brand, has launched a new American-influenced menu