Restaurants News – Page 174
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Blagden 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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Meyer 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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Entrepreneur 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.
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Third Veggie Pret to open in Exmouth Market
Pret A Manger has announced its third vegetarian-only shop will open on Exmouth Market in Clerkenwell next Wednesday.
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Shake Shack to open cashless, kiosk-only site
Shake Shack is opening its first-ever cashless kiosk, in New York this month
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Former maître d’ of Isobel to launch debut restaurant
James Gummer, the former Maître d’ of Isobel, is to launch his first restaurant venture after securing the Ripe Tomato site in All Saints Road
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Din Tai Fung set for Centre Point
Din Tai Fung, the Taiwanese restaurant concept, will make its UK debut next year in London’s West End
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Prezzo expects six to 10 openings in next year
Prezzo chief executive Jon Hendry-Pickup has told MCA that the group will be “extremely selective” with new sites for the near future.
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Time Out Market eyes smaller format for London launch
Time Out Market is looking to tweak its model in order to secure an opening in London
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Denny’s attempts UK launch again
US diner chain Denny’s is to make another attempt to launch in the UK, after signing a franchise deal to open sites in Wales
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Michelin reveals stars for 2018
A nine-seat sushi bar in Mayfair has become the first Japanese restaurant in the UK to win three Michelin stars.
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D&D reports “lousy couple of months of trading”
D&D London has reported “a lousy last couple of months” of trading amid poor summer weather and growing political and economic uncertainty
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Jamie’s Italian posts FY loss
After a £10.9m hit from closing six sites at the start of this year, Jamie’s Italian slumped from a full-year pre-tax profit of £2.4m to a loss of £9.9m
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Wagamama strengthens head office team
Wagamama, the Duke Street Capital-backed group, has strengthened its head office team, with four new appointments, including a new UK marketing director
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TGI Fridays builds 2018 pipeline
TGI Fridays, the Karen Forrester-led group, has secured three new sites as it looks to build its openings pipeline for 2018 and beyond
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Comptoir raises £4m
Comptoir Group has raised £4m through a share placing, to fund the opening of two new restaurants this year and two more in 2018.
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Airport lounge entrepreneur backs Claw
Claw, the crab-based street food concept, has secured the backing of Phil Cameron, the founder of No1 Airport Lounges.
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Strada backer to launch new concept
Sun Capital Partners, the Hugh Osmond-led investment vehicle, is to trial a new concept called 31 Below on its former Strada site in Marylebone
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Richoux: No consistent improvement in trading conditions
Richoux this morning said that it currently sees no consistent improvement in trading conditions from those prevailing when it last reported in April this year
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Veeno confirms London debut
Veeno, the fast-growing wine café concept, has confirmed it will make its London debut in Kingston-upon-Thames, at the end of next month