Pubs, Bars & Clubs News – Page 8
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NewsLiberation Group rebrands to Butcombe Group
The Butcombe brand has established itself as a leader in the premium pubs and drinks business, and is where the majority of growth is likely to come from
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NewsEverards delivers strong performance
Turnover increased to £36.2m and was accompanied by a rise in operating profit, albeit the pub operator and brewer warned of ‘material impact’ resulting from the Budget
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NewsStonegate to debut Rita’s Beer Hall & Ballroom
The group will launch its new concept in Leeds today, having invested over £1m to transform a former Walkabout site into a ‘beer hall for cocktail lovers’
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NewsValiant Pub Co appoints MD of ops
Andy Parker previously worked with Valiant founders Gerry Carroll and McGinty at Hawthorn Leisure
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NewsPubs and distributors abandon Conor McGregor
Forged Irish Stourt, which was founded by the disgraced former mixed martial arts (MMA) fighter, has been dropped by Wetherspoons, Windmill Taverns and its distributor LWC
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NewsBig nights out have shifted to day time
Stonegate CEO David McDowall said Slug & Lettuce’s peak drinking hour had shifted from 9pm to 10pm on Saturday night, to between 3pm and 4pm with bottomless brunches replacing happy hours
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NewsBrewers’ profits at risk of ‘wipeout’ from rising costs after budget
Higher alcohol duty, the rise in national insurance and the new packaging tax will add millions in extra costs, the industry warns
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NewsThe Alchemist to step up overseas expansion
Following the bar group’s success in Berlin, it hopes to have a site open “further East” next year, CEO Simon Potts said at the Peach 20/20 Leaders Summit
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NewsAlbert’s Schloss London delivers 18 record weeks of trading
CEO Roy Ellis said the newest site under the group’s four-strong Bavarian bier palace concept is “pretty much going the way we hoped it would”
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NewsOakman ends strategic review process
Announcing the sale of two of its high value premium pubs to McMullen’s, Oakman Group said it will now focus on investing in its existing sites and paying down debt, CEO Peter Borg-Neal tells MCA
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NewsNorth Brewing founders to concentrate on bar business
North Brewing Co’s founders John Gyngell and Christian Townsley are stepping down from the brewery to concentrate on growing their nine-strong North Bar business.
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NewsBrewDog shuts Mumbai bars
The brewer and bar operator had plans to open 100 bars in India but has shuttered its two flagship sites following challenges in the market, it has been reported
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NewsBootlegger Bars secures £2m investment
The funding round was led by Dubai-based SVN Capital, with former Greene King MD Karen Bosher announced as CEO of the cocktail and live music concept
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NewsWells & Co postpones takeover due to Budget hit
Pub operators plan to close sites, cancel expansion or divest their spending internationally, with brewer and pub operator Wells & Co putting a planned takeover deal on hold following the Budget
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NewsJDW switches from Spanish to Italian beer
The pub business has said it will no longer serve San Miguel, once current stocks sell out, and will be replacing it with draught Italian beer Angelo Poretti, later this month.
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NewsYoung’s achieves 22.9% increase in adjusted EBITDA
The pub operator achieved adjusted EBIDTA of £59m for the 26 weeks to 30 September 2024, with profit before tax up 3.3% to £25.3m as it benefited from a strong performance during the Euro ’24 football tournament and the integration of the City Pubs estate.
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NewsStonegate segments estate into new pub formats
Rural food-led family-friendly Heritage Pubs and urban wet-led Pubsmiths give the company more flexibility to tailor the offer to the community they serve
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NewsFuller’s look to future with optimism
The premium pub company is trading ahead of the market in like-for-like sales, and has an estate that’s “never been in such good shape”
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NewsThwaites: Budget makes it less attractive to employ people
The regional brewer and pub company said changes to National Insurance Contributions were a “significant burden” and would lead to reduced investment
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NewsWetherspoon warns of price rises to come
Analysts say price rises are likely across the industry to offset the ongoing cost measures, albeit JDW chairman Tim Martin said the chain will attempt to remain as competitive as possible