Pubs, Bars & Clubs News – Page 545
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News
Trading weighs on Luminar as shares slip 32%
A torrid trading update from Luminar, Britain’s biggest nightclub group, sent the shares 32.5% lower today, with the price closing at 27p.The group, which operates the Oceana brand, unveiled full-year results, with losses of more than £120m and current like-for-like sales in the 10 weeks to May down almost 20%. ...
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News
Punch to launch West Coast Grill brand
The managed pub arm of Punch Taverns is to launch a new bar brand called West Coast Grill to replace a clutch of outlets that currently trade under the Old Orleans name. Punch is creating the new concept to replace the nine Old Orleans leasehold businesses that reverted to Punch ...