All articles by Shwetali Sapte – Page 23
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News
Diageo faces profit hit over Trump tariffs
The drinks company is under pressure from new tariffs and has removed medium-term guidance due to uncertainty in many of its key markets
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News
Various Eateries encouraged by growing momentum
The group reported 9% revenue growth in FY24 and a solid start to FY25, including a strong festive period that reinforced confidence in its trajectory
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News
Daisy Green grows turnover by 27%
The Aussie-style cafe-restaurant operator, which trades from 17 venues in London, generated turnover of £22.7m in FY24 and looks to continue investing in new sites
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News
Incipio Group achieves 21% like-for-like growth
The bar group has also made a series of senior appointments ahead of its anticipated launch at a 39,000 sq ft space in London’s Olympia this year
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News
San Carlo Group expands international presence
The Italian restaurant group will refurbish its existing estate in the UK while making its US debt with a launch in Miami this spring
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News
Lidl to open first in-store pub
The supermarket chain will open a pub within its store in Dundonald, near Belfast, offering capacity for 45 customers as well as an off-licence area
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News
Alcohol duty cut this week will see ‘a penny off the pint’
Draught pints will see costs drop by 1p, albeit a new system to tax wines and spirits based on strength will also come into effect
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News
Loungers takeover deal voted through
The all-day operator has reached agreement with Fortress on an increased and final offer valuing Loungers at £354.4m, with 93.5% of shareholders voting in favour
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News
Mission Mars revenue jumps 43%
The operator of Albert’s Schloss and Rudy’s Pizza Napoletana achieved total revenue of £31.6m in the three-month period ended 29 December, accompanied by strong festive trading
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News
Chick-fil-A makes UK debut in Belfast
The American QSR chain has opened at Applegreen’s Lisburn South Services, serving its signature chicken sandwich, lemonade, and hand-breaded nuggets
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Interviews
Butcombe Group seeks to build on festive momentum
The premium pub operator and brewer is doubling down on its experience-led offering, CEO Jonathan Lawson tells MCA
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News
Lane7 records 26% revenue uplift
The experiential operator reached £42m turnover in FY24, with four UK sites and further international expansion planned for 2025
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News
Molson Coors and Fever-Tree announce strategic partnership
The deal will see Molson Coors expand its non-alcoholic portfolio in the US and become Fever-Tree’s second largest shareholder
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News
Caprinos Pizza looks to further expansion
The group, which operates more than 100 UK locations, has launched in Ireland as it continues to build its presence both at home and overseas
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News
Pret to debut in South Africa
The country will mark Pret’s debut in Africa and its 20th international market, with £1 in every £4 now spent by Pret customers outside the UK
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Analysis & Insight
Delivery and takeaway sales mark lowest growth since March
Growth slowed to 1.9% year-on-year in December - dipping from 6.2% in November - as more consumers went out to eat
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Interviews
Moto Hospitality: ‘We hold ourselves to account’
People director Louise Hughes describes creating a more diverse motorway travel industry, in the latest in a series of finalist profiles for the Diversity Leadership Programme category at MCA’s 2025 Hospitality Awards
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News
Heart with Smart acquired for £10m
The decision to sell to private equity firm Directional Capital was primarily based on overall value and return to the creditors as a whole, according to Interpath
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Interviews
Nightcap: ‘We’re trying to make late night cool again’
Founder Sarah Willingham speaks about the company’s unique approach to workplace culture, in the latest in a series of profiles for the Diversity Leadership Programme
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News
SSP Group sees UK sales up 9%
Positive trading momentum continued into the first quarter of the financial year, buoyed by strong air passenger numbers in the UK as well as less industrial action