Finance – Page 222
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NewsWasabi reports “unprecedented period of change”
Wasabi, the London-based sushi and bento chain led by Dong Hyun Kim, saw turnover top £70m in the 16 months to December 2013
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Shake Shack files for IPO
Shake Shack has filed for an initial public offering that could be worth as much as $1bn (£643m)
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NewsFY sales up 6.2% at JW Lees
JW Lees grew sales by 6.2% in the year to 31 March 2014 to a record level of £62.9m whilst EBITDA fell 4.1% to £7.5m
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NewsCastle Rock reports 7.1% rise in FY turnover
Tynemill Ltd, which trades as Castle Rock, the brewer and pub retailer based in Nottingham, has report a 7.1% increase in full-year group turnover to £7.9m
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NewsThwaites continues investment in pub estate
Thwaites, the Lancashire-based brewer and pub operator, has invested £3.5m across its pub estate in 2014
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Everards reports rise in FY PBT
Everards has reported a 7.4% rise in pre-tax profit to £1.7m in the year to 30 September, as it looks to revive more closed pubs
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Pizza Rossa half way to funding target
Pizza Rossa has raised more than half its £150k funding target via CrowdCube with more than a month remaining
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NewsElectra acquires TGI Friday's UK
Electra Partners has agreed the acquisition of the UK franchise of TGI Friday’s, the Karen Forrester-led chain, in a deal valued at c£230m
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NewsUS hedge fund strengthens position in Prezzo
Aggressive US hedge fund Elliott International has further increased its stake in Prezzo, the Italian restaurant chain
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NewsC&C given Spirit bid deadline
C&C Group, the drinks group behind Magners, has been given a deadline of 5pm on 6 January to clarify its position on Spirit Pub Company
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Nicholls to chair London night-time economy board
Kate Nicholls, chief executive of the Association of Licensed Multiple Retailers (ALMR), will chair a new Night-Time Economy Board for the Mayor of London and Metropolitan Police Commissioner.
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Pay to Punch directors falls 24%
Remuneration for Punch Taverns directors fell from £1.2m in 2013 to £944,000 in 2014.
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Analysis & InsightDeal of the year can’t be topped
Dominic Walsh reveals the outstanding M&A deal and gives us a rundown of the companies and individuals that deserve awards for their achievements this year
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NewsTrading at Fulham Shore in line
Fulham Shore has reported that current trading is in line with expectations as it reported a pre-tax profit of £59k for the six months to 28 September
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FY PBT up 37% at Chameleon
Chameleon Bar & Dining has reported an increase in pre-tax profit of 37% to £115k in the year versus £84k in the previous year
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STK signs Walt Disney deal
The ONE Group is to open a site under its premium steak restaurant brand STK in Disney Springs at the Walt Disney World Resort in Florida
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Andrew Griffiths calls for beer duty cut hat-trick
All Party Parliamentary Beer Group chairman Andrew Griffiths MP has urged the Government to consider a further cut in beer duty in the 2015 Budget.
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Analyst corner: Brumby on cheaper petrol
Brent Crude dips below $60, but what does it mean for the consumer asks leading analyst Mark Brumby at Langton Capital.
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Krispy Kreme signs deal with Center Parcs
Doughnut retailer Krispy Kreme has signed a deal with Center Parcs to provide self-service cabinets in its five sites across the UK from this month.