Restaurants News – Page 112
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Feng Sushi MD steps down as it consolidates estate
JD Abbasi, formerly of Farmacy and Giraffe, has stepped down as chief executive of Feng Sushi, the London-based Japanese sushi restaurant and delivery company, as it continues to consolidate its estate.
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Giggling Squid to replace Loch Fyne in Oxford
Giggling Squid, the Business Growth Fund (BGF)-backed group, has further strengthened its openings pipeline, after securing the former Loch Fyne site in Oxford, MCA understands.
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LV puts Artisan and Manchester House into administration
Living Ventures has said that after ”a period of difficult trading” it has taken the decision to put its Artisan and Manchester House businesses into administration.
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Honest Burgers reports FY EBITDA increase
Honest Burgers, the Active Partners-backed chain, has reported a rise in both restaurant EBITDA and Group EBITDA in the year ended January 2018, driven by the opening of seven new restaurants, including the first out of London locations in Reading and Cambridge
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Daniel Johns invests £10m in Rock Spice
Daniel Johns Group, the property management company, has invested £10m into the launch and development of Rock Spice, a high-end fusion restaurant concept.
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Jollibee eyes 25 UK restaurants
Jollibee Foods, the Philippines’ fast-food group which is opening its debut site in Earl’s Court, has said it plans to open 25 restaurants in the UK within five years
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Fisk to double up in Harrogate
Fisk is to open a second site in Harrogate – its third in total, at Montpellier Mews, next month.
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Cover drive
Following success in Brixton and Soho, Indian small plates restaurant Kricket has opened its largest restaurant yet. Joe Lutrario reports.
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KerbEdge facing winding up petition from Matthew Clark Bibendum
KerbEdge, the Hull-based better burger concept, is facing a winding up petition from Matthew Clark Bibendum.
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My Cookie Dough eyeing 50 sites by 2020
Dessert company My Cookie Dough is hoping to reach 50 sites by 2020, through expansion in the UK and overseas, MCA has learnt.
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Wagamama: “We have stopped talking about sales as the most important factor”
Speaking on the back of the group’s Q1 trading update yesterday, Wagamama chief executive Jane Holbrook talks to MCA about not mentioning the weather, why she is asking her staff not to work too hard, how the brand learnt to embrace delivery and plans to become a “global, iconic brand”.
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Kym's could be spun out into specialist formats
Chris Miller, whose White Rabbit Fund has backed the opening of Andrew Wong’s new Bloomberg Arcade opening Kym’s, has told MCA there could be opportunities for spin-off formats of the brand.
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Caprice Holdings to open Selfridges restaurant next month
Caprice Holdings has confirmed that its Brasserie of Light concept will open next month in Selfridges’ Oxford Street store.
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Wagamama UK lfls up 8.5% in Q1
Wagamama achieved an 8.5% increase in like-for-like (lfl) sales at its UK restaurants, during the 16 weeks to 19 August 2018.
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Jamie Oliver Group strengthens senior team
Jamie Oliver Restaurant Group has announced a series of senior appointments.
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Various Eateries to roll out 31 Below
Various Eateries is to follow up its 31 Below concept in Marylebone with another iteration in Camden called 40 Zero, MCA has learnt.
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MOD UK focused on building “significant pipeline”
MOD Pizza UK, the Sir Charles Dunstone-backed concept, has reiterated that it intends to build a significant pipeline of sites across the country, despite posting a c£11m loss for the 12 months to the end of 2017.
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Taco Bell to return to London
Taco Bell is to return to London, after securing a site on King Street in Hammersmith.
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Maison du Mezze confirmed for Soho
AMA Hospitality has confirmed it is to open a site under its Middle Eastern-style, premium casual dining restaurant brand – Maison du Mezze, in London’s Soho.
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Rudy’s to replace CAU in Liverpool
Mission Mars, the Manchester based group behind Albert’s Schloss and Rudy’s Pizza, is set to replace CAU in Liverpool with the latter concept.