All Arc Inspirations articles – Page 3
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NewsArc Inspirations reports record festive trading
Arc Inspirations has reported a record festive trading period, including the biggest ever individual sales day and week in the group’s 20-year history.
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NewsArc Inspirations reveals jump in sales following year of investment
Arc Inspirations has reported a 16.7% jump in sales, from £23.3m to £27.2m, with like-for-like sales up 1.1%. Operating profit was down by 31% to £213k, and it returned pre-tax losses of £474k compared with a pre-tax profit of £183k last year. However, over the period the 17-site business invested £7.5m, including opening five sites and innovation.
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NewsGrowth Company Index 2020 launched
MCA is teaming up with Alix Partners again this year to find the top 50 private hospitality firms with the fastest-growing profits. If your company has three years’ audited accounts and turnover in excess of £3m, then please get in touch before 1 February to be considered for this year’s list. Previous entrants do not need to re-apply, but if you’d like to be considered for the first time, please contact james.halliwell@wrbm.com.
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NewsArc Inspirations EBITDA up 15%
Arc Inspirations, the operator behind Banyan, BOX and Manahatta, has announced turnover increased 16.7% to £27.2m, up from £23.3m on the previous year.
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NewsArc Inspirations spike in sales during Cricket World Cup
Arc Inspirations, the operator of Manahatta, Banyan and The Box concepts, has reported a spike in sales across its sport-led sites during the recent Cricket World Cup.
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Analysis & InsightEvolving before our eyes
The pace of change is speeding up and nowhere is this clearer than in the UK’s eating and drinking-out sector. Over the last five years, AlixPartners and CGA’s Market Growth Monitor has tracked some seismic changes across the industry – from the drinks-led renaissance to the burgeoning impact of delivery. There’s not been a dull moment, say AlixPartners’ Graeme Smith and Craig Rachel.
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NewsArc Inspirations seeks external investment to double in size
Arc Inspirations has set out its ambitions to double in size over the next five years as it seeks investment for its next stage of growth, chief executive Martin Wolstencroft has told MCA’s Pub Conference.
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News
Arc Inspirations to convert The Pit site in Harrogate to Manahatta
Arc Inspirations is to convert The Pit site in Harrogate to its Manahatta brand.
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Analysis & InsightRate of decline for wet-led pubs slows
The long-term clear out of unsustainable wet-let pubs and bars appears to be nearing its end – in part reflecting the recent success of compelling premium drinks offers and getting the balance right with food, the latest market snapshot from CGA and AlixPartners indicates.
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News
Black Sheep Brewery acquires Arc bar
Black Sheep Brewery, the Yorkshire-based business chaired by ex-Punch director Andy Slee, has acquired the Arc Inspirations site, Kith & Kin, in Chapel Allerton, Leeds.
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NewsRunners and riders highlight health of sector
What sets the companies riding high in the AlixPartners Growth Company Index apart from their peers and able to continue to perform in the face of unprecedented headwinds? Graeme Smith and Craig Rachel take a closer look at the what this year’s list tells us about wider trends in the sector.
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NewsAlixPartners Growth Company Index 2019 Top 50
This year saw MCA once again team up with AlixPartners to identify the fastest growing companies in the UK eating and drinking out sector. The following is the top 50 in full.
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NewsSticks ‘n’ Sushi tops Growth Company Index
Sticks ‘n’ Sushi, the Copenhagen-based Japanese restaurant group, has been named the fastest growing company in the UK’s eating and drinking out sector.
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Analysis & InsightWe want to be together
With the wider issues facing the market, many believe the UK’s eating and drinking-out sector is ripe for consolidation. However, does it work for everyone involved and, in current conditions, is it a case of looking outside the box for the best partner for your business, asks AlixPartners’ Graeme Smith
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Analysis & Insight'Still headroom for new sites'
The latest Market Growth Monitor from CGA and AlixPartners shows managed restaurant numbers are in decline for the first time in 14 years. With the tide turning after an unprecedented five year 27.3% growth period, MCA news editor Finn Scott-Delany picks apart the nuances of the study.
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Opinion
Navigating the debt landscape
With the well-publicised issues facing the UK’s hospitality sector, many would believe that lenders are steering clear. However, despite clear caution, debt options remain available to the right businesses, write Jacco Brouwer and Thomas Paterson of AlixPartners
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NewsJanuary 2019
We look at the worrying signals from the health lobby about possible intervention in the way people eat and drink. Are proposals for calorie caps on specific dishes just the latest scare story or could it become a reality? We also profile the new brand from PizzaExpress, and talk to Bombay-style café concept Dishoom about taking their time rolling out into the regions, and Arc Inspirations, who have punchier plans and are looking for the backing to achieve it.
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OpinionThree by three is Arc’s inspiration
Veteran bar operator Martin Wolstencroft is aiming to double his Arc Inspirations estate in the next four years – and has strengthened his board and appointed advisors to guide the process. He talks to James Wallin about clusters, culture and deskilling the kitchen
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Analysis & Insight
Opportunities despite knocks
The next 12 months will be another tough year for the UK’s eating and drinking-out sector, and the gulf between great operators and the rest will widen. However, with 2018 proving there were still opportunities to grow and secure investment, AlixPartners’ Graeme Smith considers the outlook for 2019.