Restaurants News – Page 173
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Jamie’s Italian closes Istanbul site
The Jamie’s Italian at Istanbul’s Zorlu Center has gone bankrupt, closing down at the end of September
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Hollywood Bowl H2 revenue up 10%
Hollywood Bowl Group has reported revenue growth of 10% in the second half of its financial year, to 30 September.
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GB Pizza Co aims for six
GB Pizza Co, the restaurant concept set to launch its first franchised site in Didsbury, is looking for franchisees to help it open six sites over the next three years, MCA has learnt.
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Leon co-founders awarded Sustainability Hero award
John Vincent and Henry Dimbleby, the co-founders of Leon, won Raymond Blanc’s Sustainability Hero award at yesterday’s SRA ‘Food Made Good’ awards
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NewsFY revenues up 12.7% at Prezzo
Prezzo, the TPG Capital-backed restaurant group, posted a 12.7% increase in revenue to £219.7m for the year to January 2017
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NewsCaring appoints Hall to oversee restaurant concepts
Serial sector investor Richard Caring has appointed Graham Hall, currently at Ennismore, to aid the continued growth of his current restaurant concepts.
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Wagamama launches vegan menu
Wagamama has become the latest established operator to launch a dedicated vegan menu
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GB Pizza Co heading to Didsbury
GB Pizza Co, the Margate-based restaurant concept from Rachel Seed and Lisa Richards, is launching its first franchised site in Didsbury, MCA understands.
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NewsLeon set for Horseferry Road
Leon is set to further strengthen its central London estate with an opening in Westminster
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Fazenda eyes Glasgow opening
City District Group, founders of the Fazenda Bar & Grill, is searching for locations in Glasgow
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NewsMyers to step down as Busaba CEO
Jason Myers is to step down as chief executive of Busaba Eathai, the Phoenix Equity Partners-backed group
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Osmond: Mid-market units could become unviable
Hugh Osmond, the sector investor, has said that combination of issues including increases in minimum wages, rates and food costs, will make many mid-market units unviable
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Lfls up c7% at Banana Tree
South-east Asian restaurant group Banana Tree saw its like-for-like sales increase by c7% in the five months from May to September. The company, which opened its ninth site last week in Chelmsford, saw like-for-like sales rise 10% in September alone. “With a backdrop of rather depressing hospitality news, we are ...
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Swingers set for Oxford Circus opening
The Institute of Competitive Socialising will confirm later today that it has secured a second site for its Swingers concept Oxford Circus
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Bacaro heading to Oxford
Bacaro, the Southampton based Venetian restaurant, is opening a second site in Summertown Oxford, MCA understands.
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Mowgli eyes Oxford opening
Mowgli, the Indian street food restaurant concept backed by the Foresight Group, is in talks to open in Oxford
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Bistrot Pierre to strengthen coastal presence
Bistrot Pierre is to further strengthen its presence in UK coastal towns, with an opening in Worthing, West Sussex.
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NewsBlagden steps down as CEO of Jamie Oliver’s restaurants
Simon Blagden has stepped down as chief executive of Jamie Oliver’s restaurant empire.
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NewsMeyer launches private equity fund
New York restaurateur Danny Meyer has entered the private-equity world, raising $220m in a fund that is investing in companies that share his “employee-centric focus”.
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NewsEntrepreneur sees great growth potential in Claw
Phil Cameron, the former theatre producer, airport lounge entrepreneur and backer of Claw, has told MCA sees great growth potential in the concept.