Restaurants News – Page 543
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NewsPatisserie Valerie eyes new growth avenues
Patisserie Holdings, operator of Druckers and Baker & Spice chains, is eyeing new growth avenues for its core Patisserie Valerie…
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Whitbread FD trims stake
Nicholas Cadbury, group finance director at Whitbread, has raised over £15.1k after trimming his stake in the Costa and Brewers Fayre operator.Cadbury sold 600 shares in the company at 2522.88p.He joined the company last September after stepping down as Premier Farnell’s chief financial officer.
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Analyst reaction to Whitbread update
Leading analysts Geof Collyer at Deutsche Bank, Simon French at Panmure Gordon and Wyn Ellis at Numis take a look at the trading update from Whitbread. Collyer pointed out it was the first time he thought that Whitbread had cited increased competition in its outlook statement. He said: “The chief ...
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Ponti’s picks up Chalk Farm site
Ponti’s Group, the operator of the Ponti’s Italian Kitchen and Caffe Italia brands, has secured a new site in London, the iconic Marine Ices in Chalk Farm.The company, which operates the Ponti’s Italian Kitchen and Café Italia brands, is set to give the site a refresh and upgrade the menu ...
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Collyer raises Whitbread forecast
Geof Collyer, leading analyst at Deutsche Bank has raised his forecast and target price for Whitbread, after the company reported headline revenues this morning that were better than he had estimated.He said: “Whitbread’s YTD trading (50 weeks to 14 Feb) continues the strong performance of the past few years with ...
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Marco Marco expansion continues
Marco Marco, the Italian restaurant business led by Stephen Garrity, the former Restaurant Group executive, has opened its fifth site and understood to have lined up a further opening near Liverpool.The company, which last year secured a £3.5m investment from London-based private equity group Niton Partners, has opened its fifth ...