Restaurants News – Page 473
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Searcys 'likely to be sold in entirety'
Searcys has moved to dismiss speculation that the group is likely to be split up as part of the sales process for the upmarket restaurant, bar and catering company
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L’Escargot gets new owners
L’Escargot, the landmark restaurant in London’s Soho, has been acquired by a new group led by Brian Clivaz, chief executive of Langan’s Restaurant and Groupe Chez Gerard co-founder Laurence Issacson
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MTY targets other F&B concepts for UK
MTY Food Group, the Canadian quick service restaurant operator, has had interest from potential UK franchisees for two other F&B concepts as the company eyes expansion of its Mexican brand Mucho Burrito in Britain, M&C Report has learnt
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D’Acampo secures Lakeside site
My Pasta Bar, the new fast-casual Italian restaurant fronted by TV chef Gino D’Acampo, has secured its second site at the Lakeside shopping scheme in Essex
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Byron launches loyalty scheme
Byron, the Hutton Collins-owned burger chain, has launched a new loyalty scheme under the banner the Byron Burger Club
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Former EAT FD joins D&D
Mark Hulley, formerly of EAT, the sandwich shop chain, has joined D&D London, the international restaurant group formerly known as Conran Restaurants, as its new finance director
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La Sala fundraising reaches £3.2m
James Horler, current interim chief executive of Red Hot World Buffet, has already raised £3.2m towards the launch and roll out in the UK of La Sala, the famous Spanish restaurant
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Co-operative makes renewed bid for Gay Hussar
Goulash Co-operative, which was set up to prevent the disappearance of the Gay Hussar, the Soho-based restaurant, has made a renewed bid to acquire the famous celebrity hangout
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Zoopla founder acquires Harry Morgan brand
Alex Chesterman, the founder of Zoopla and investor in businesses such as Ceviche and Bounce, has acquired the Harry Morgan brand from the First Restaurant Group (FRG)
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Ping Pong confirms Westfield Stratford opening
Ping Pong, the London-based dim sum chain led by Art Sagiryan, has confirmed to M&C Report plans to spend £500,000 on its next opening in London’s Westfield Stratford centre
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Handmade Burger builds pipeline
Handmade Burger Company, the Sargeant Partnership-owned group, has lined up a further three openings for this year
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Comptoir Libanais lines up Kingston opening
Comptoir Libanais, the London-based Lebanese fast-casual concept, will open its ninth site this April after completing a deal to open a unit at the Kingston Riverside scheme
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Fast-casual continues to drive US performance
For the fifth consecutive year traffic growth across the US restaurant sector has been driven by the fast-casual segment, according to research firm NPD Group
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Artisan Burger Co makes more equity available
Artisan Burger Company, the fledgling gourmet burger operator, has increased the equity stake that it’s selling to investors under its fundraising bid via the crowdfunding website Crowdcube
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Vermilion founder to launch casual dining concept
Entrepreneur Iqbal Ahmed is to launch a new casual dining concept, which currently has the working title of Flying Unicorn.
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Cabana plans to double this year
Cabana plans to open double in size this year and will look to open its first site outside of the capital, after experiencing a strong start to the year.
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MYO eyes UK expansion
Make Your Own (MYO), the Australian sandwich and pizza chain, is preparing to expand its presence in the UK, chief executive Greg Young has told M&C Report
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Barber eyes Hush expansion
Jamie Barber, the restaurateur behind the Cabana chain, plans to add two further sites under his Hush restaurant concept this year in London
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Darwin & Wallace secures Clapham pub
Imbiba Partnership, the investment vehicle led by John Connell, has secured second site for its fledgling Darwin & Wallace (D&W) format in Clapham
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Campbell joins Breakfast Club board
Paul Campbell, formerly chief executive of the Clapham House Group, has joined the board of Breakfast Club, the London-based licensed all-day café chain, as a non-executive director