The recently rebranded MA Leaders Club will be hosting its first event, and the first face to face event for the club in a year and a half, later this year.
Arc Inspirations, the 17-strong premium bar operator, is set to expand with two new openings – Box in Deansgate, Manchester and its first ever site in the Midlands with Manahatta, Birmingham.
The Morning Advertiser’s Ed Bedington and Liberation Group’s Jayson Perfect reflect on a week’s worth of pub sector headlines following ‘Freedom Day’ on 19 July.
BrewDog has reported a pre-tax loss of £13.1m during 2020 despite achieving 10% revenue growth during 2020. The strong growth in online sales was not enough to offset the impact of bar closures.
Bar operator Arc Inspirations has revealed that trading across its 17 sites has been 35% higher than the equivalent period in 2019 since indoor trading resumed on 17 May.
According to its latest financial update, café bar operator Loungers revealed that sales across its estate of 175 venues were up by 23.7% in the nine weeks from 17 May to 18 July 2021 versus the same period in 2019.
Fuller’s has hailed a resilient performance after seeing its revenues fall by 77% in a year dominated by lockdowns, according to reports by MCA Insight.
Revolution Bars Group’s 66 sites have traded at almost 90% of 2019 levels since resuming indoor trade, according to an update ahead of the operator’s year end date on 3 July.
This week’s headlines highlight the ongoing staffing challenges faced by the sector alongside closures of venues due to self-isolation. The Morning Advertiser editor Ed Bedington also caught up with Alastair Scott, managing director of Catton Hospitality...
Thirteen-strong multiple operator Rileys Sports Bars has announced growth of 9% compared to 2019 across its estate for the three weeks since reopening on Monday 17 May.
Nationwide café bar operator Loungers has reported that like-for-like sales during the four weeks from Monday 17 May were up 26.6% versus to the same period in 2019.
Independent brewer and bar operator BrewDog has joined forces with hospitality businesses including Brewhouse & Kitchen, Urban Village Pubs and Pub Love to work towards a carbon neutral on-trade.
London-based cocktail bar and restaurant group Drake & Morgan’s creditors have approved a company voluntary arrangement (CVA) – with 90% voting in favour of proposals.
The firm behind London Cocktail Club and the Adventure Bar Group has revealed post-lockdown revenues almost matched the figures recorded during equivalent weeks in 2019.
Despite leading the Adventure Bar Group into uncharted territory – in every sense – during a transformative pandemic year, co-founder Tobias Jackson explains that with new owner Nightcap eyeing nationwide expansion it’s far from journey’s end.
Giving an update on the pub company’s performance, Hawthorn CEO Mark Davies has stressed the importance of an “evidence-based approach” to the lifting of pandemic restrictions on Monday 21 June.
While the Oakman Group reported an EBITDA loss for 2020 of £2.6m and a total loss of £13.9m, its executive chairman believes the operator is ‘very well placed to take advantage of the strong consumer demand’.
Off the back of North Bar/North Brewing Co’s recent win at the 2021 Publican Awards, The Morning Advertiser caught up (virtually of course) with head of retail Fiona Potts just before the company opened its latest venue for outdoor trading.
City Pub Group’s executive chairman, Clive Watson, explains that the operator’s definition of ‘high quality’ pub opportunities has changed slightly as the Group emerges from lockdown.
Nightcap has raised £10m through a share placing in order to further its investment strategy and to roll out its recent acquisition of Adventure Bar Group (ABG).
Despite pandemic restrictions hitting its revenue for £34.2m in the 52 weeks ended 27 December 2020, City Pub Group is in an ‘excellent position’ as the country reopens according to its executive chairman.
Recently formed hospitality group Nightcap has completed its second purchase by acquiring the owner of brands including Blame Gloria and Tonight Josephine, Adventure Bar Group.
Multiple operator Peach has seen record-breaking sales figures since reopening for outside trading this month (April) and is looking to add a number of new sites to its existing portfolio over the next nine months.
Sharing a heartland with Covid-19’s ‘Kent variant’ has seen the vast majority of Shepherd Neame’s 300-odd sites shuttered for more than five months. As such, CEO Jonathan Neame is looking forward to what he believes will be a ‘very good summer’.
Kent-based family brewer and pub operator, Shepherd Neame, has revealed an underlying operating loss of £3.6m during the six months to 26 December 2020.
Revolution Bars Group chief executive, Rob Pitcher, has implored the Prime Minister to ‘follow the data, not dates’ and lift legal limits on social contact before Monday 21 June.
The confirmation of investment vehicle RedCat’s acquisition of 42 pubs from Stonegate Pub Company for an undisclosed sum gets Rooney Anand’s venture off to 'an excellent start', he said.
Drake & Morgan is hoping to rebuild the London-based bar and restaurant group with the easing of Covid-related restrictions, according to reports by MCA Insight.
The Morning Advertiser's Ed Bedington speaks with Heydon Mizon, joint managing director at McMullen, to reflect on some of the week's biggest headlines.
