Bar operator Arc Inspirations is set to accelerate its growth after securing a £19m investment from growth capital investor BGF, for a minority stake in the Martin Wolstencroft-led business.
Bar operator Arc Inspirations is set to expand its portfolio with its biggest ever development, having secured approval to launch a £2.5m Manahatta bar in Newcastle.
Multiple operator Arc Inspirations is looking to grow its portfolio, it announced while revealing sales since 19 July were up by two fifths (42%) compared to the same period in 2019.
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.
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.
The last week has seen Wales and Tottenham star Gareth Bale sign a new lease for Elevens Bar & Grill, as well as updates from the New World Trading Company, Inn Collection Group and Hawthron, among others.
The rumoured reopening of hospitality venues for outdoor use only in April with indoor areas allowed from May has been slammed by the trade, alongside calls for the Government to be honest and open in its approach for a roadmap out of lockdown three.
Star Pubs and Bars, Oakman Inns, Hall & Woodhouse and Arc Inspirations have all pledged to fund the continuation of discounts available under the Government’s Eat Out to Help Out (EOTHO) scheme throughout September.
Premium bar operator Arc Inspirations has appointed Laura Lewis as its new head of marketing and Tim Knockton as financial director in the hope of building on the ‘most successful year in the company’s history’.
Premium bar operator Arc Inspirations recorded increased profits and like-for-like sales in what its chief executive has described as the ‘most successful year in the company’s history’.
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