All Ego Restaurants articles
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InterviewsM&B: ‘We are very optimistic about the second-half’
With a stronger first half than expected, record high guest scores and cost pressures starting to ease, CEO Phil Urban tells MCA he’s feeling very positive about the future
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InterviewsEgo Restaurants: ‘The runway just got a lot bigger’
With Mitchells & Butlers acquiring the remaining 60% stake in the chain, Ego now has the balance sheet to accelerate expansion, CEO James Horler tells MCA
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NewsMitchells & Butlers to acquire remaining stake in Ego Restaurants
M&B, which took a 40% stake in Ego Restaurants in 2018, plans to expand the Mediterranean-themed pub and restaurant chain nationwide
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NewsEgo Restaurants makes ‘significant progress’
3Sixty Restaurants, which operates the Ego JV with Mitchells & Butlers, reported profit for the year to March 2022 of £3.8m, compared to a loss of £842k in 2021
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InterviewsEgo Restaurants: ‘We’re building cash now, to expand next year’
CEO James Horler tells MCA that with current cost pressures, expansion plans are being put on hold until next spring
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NewsExtension of JV arrangements for Ego Restaurants
Mitchells & Butlers (M&B) has reached an agreement with James Horler, CEO of 3Sixty Restaurants, and its other shareholders, to continue with the joint venture arrangements, in relation to the development of Ego Restaurants, for a further period.
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InterviewsJames Horler: ‘Sector must up its game to meet new consumer standards’
The coronavirus crisis will be “habit changing” for the consumer, and restaurants, pubs and bars will have to increase standards to meet the shift in demand, Ego CEO James Horler has said.
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InterviewsJames Horler: ‘We need public opinion to change’
The sector needs public opinion to change if it hopes to exit lockdown before Easter, MCA’s The Conversation has heard.
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NewsEgo – ‘lack of clarity has forced us to close’
Ego Restaurants will become the latest operator to close its sites this afternoon following a 60% drop in revenue over the past few days, CEO James Horler has told MCA.
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OpinionProperty, partnerships, people
The surprise £2.7bn bid for Greene King from Hong Kong-based property developer CK Asset Holdings certainly woke up August – not least because it immediately set off excited speculation about who might be next.
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NewsEgo Restaurants lines up two further sites
Ego Restaurants, the joint venture between 3Sixty Restaurants and Mitchells & Butlers, has lined up two further openings, taking it to 20 sites in total.
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NewsM&B: JVs, virtual brands and surge pricing
Following yesterday’s full-year results announcement, MCA talks to Mitchells & Butlers chief executive Phil Urban. He discusses performance across its suite of brands, and why he sees joint ventures as the smartest form of M&A. He also says developing a virtual brand is on the company’s road map, talks about the rollout of order at table technology and the company’s work on flexing price during busy periods.
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NewsM&B FY lfls up 1.3%
Mitchells & Butlers has this morning announced like-for-like sales the year to 29 September up 1.3%, with a 2.2% rise in the past seven weeks.
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Analysis & InsightHappy hour for pub groups
Despite the noise surrounding the consumer sector, the pub M&A market is buoyant, with varied and competing investors alive to the attractions of the sector, according to AlixPartners’ Graeme Smith.
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Analysis & InsightBusiness re-modelling in the full-service casual dining sector
The casual dining market grew over the last 30 years in response to customer needs for accessible and assured restaurant brands. However, new market segments are emerging that challenge the future consumer need for casual dining. How do brands in this sector evolve to ensure long term success and growth? Ian Dunstall discusses
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NewsEgo confirms second EiG pub
3Sixty Restaurants, the James Horler-led group, has confirmed it will open its 17th pub, after agreeing a free-of-tie lease with Ei Group.
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News
3Sixty to dispose of final Rocket site
3Sixty Restaurants, the James Horler-led group, has placed its remaining Rocket bar and restaurant site in Nottingham on the market.
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News
Further operators sign up to support Tim Bacon Foundation
A further group of the sector’s leading players have pledged their support to the Tim Bacon Foundation, the charity established in the late Living Ventures co-founder’s name to recognize his achievements, to continue his legacy and to echo his legendary generosity of spirit.
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NewsOperators line up to support the Tim Bacon Foundation
A host of the sector’s leading operators have pledged their support to the Tim Bacon Foundation
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NewsGovernment must act quickly over rates concerns
The government must act quickly if it is to mitigate against the crippling rises facing the restaurant and pub sector, ALMR chief executive Kate Nicholls has warned.