All Fuller’s articles – Page 29
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NewsSmall cap gains boost M&C20
A second consecutive week of share price gains for leisure sector PLCs helped push the M&C20 index up 1.0% to 1,164. But it wasn’t enough to outperform the FTSE all-share, which grew 1.7% to a new high of 1,041
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Crowther: New acquisitions ahead of forecast
The six-strong group of pubs that Liberation Group, the Jersey-based pub and drinks business, acquired back in June are delivering ahead of forecast after a period of bedding in, according to chief executive Mark Crowther
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Fuller’s names Parcel Yard as its pub of the year
Fuller’s has named The Parcel Yard, at Kings Cross, London, its pub of the year, receiving the group’s The Griffin Trophy
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NewsM&C20 suffers third consecutive decline
The M&C20 suffered its third consecutive decline this week, down 2.3% to 1,122 - a fall that wiped £240m off the value of the 20 companies represented in the index
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NewsTax Parity Day raises sales and awareness
Last Wednesday’s Tax Parity Day, which saw up to 15,000 outlets take part in a national day of action as part of the campaign to reduce VAT for the sector to 5%, helped increase sales for participating operators by up to 23%, while also raising awareness of the disparity between the zero rate for food in supermarkets and the 20% VAT rate for pubs and restaurants
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Fuller's: micro craft 'explosion' will stabilise
Fuller’s, the London brewer and pub operator, has outlined plans for its brands to respond to the “challenging” beer market, including the microbrewery craft beer “explosion” that it expects to “stabalise” soon
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News
Tax Parity Day takes place today
Up to 15,000 outlets are expected to take part in today’s national day of action as part of the campaign to reduce VAT for the sector to 5%
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NewsM&C20 underperforms against FTSE
The M&C20 underperformed against the FTSE All Share this week despite a strong performance from Punch Taverns
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'Thousands of outlets' to cut prices on Tax Parity Day
A source close to the campaign to cut VAT for the sector to 5% has estimated that between 10,000 and 15,000 outlets will reduce their prices on the national day of action
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OpinionThe investment case
At four o’clock last Wednesday morning the deal for Cote, which had been nearly a year in the making, finally got over the line. Many had questioned whether it would actually happen, with rumours of a parked process and complications over finding a chairman, but there was always a sense that this was one deal that would go through. So what next for the brand and for the leisure sector as a whole and what further opportunities are on the horizon?
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NewsJDW FY lfls rise 5.8%
JD Wetherspoon, the managed pub operator, has reported a 5.8% rise in like-for-like sales in the year to 28 July, with profits before tax and exceptionals up 6.3% to £76.9m, in what it called a “year of progress”
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Weekend Press
Weekend press round-up, 31 August-1 September
RestaurantsCote tempts new suitorRichard Caring is edging closer to a deal to sell his Cote brasserie chain for about £100m. CBPE, the private equity firm that was once part of Close Brothers investment bank, is in talks to buy the 45-strong chain.It has leapfrogged Bridgepoint, a rival firm best known ...
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Analysis & InsightStreet-fighting brands
There are more similarities between marketing a roaming street-food operation and a fixed high-street food brand than you might think. Getting a firm grip on the basics will win dividends in the long run, says Mark McCulloch, former head of marketing at YO! Sushi and Pret a Manger and founder of Spectacular Marketing
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NewsPubs will close as they're 'stuck in the 1980s'
Thousands of pubs will rightly go out of business over the next year because they are “stuck in the 1980s”, according to the Good Pub Guide 2014, which is out today
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Fuller’s picks up design award nomination
Fuller’s, the London brewer and pub operator, has been shortlisted in the international Restaurant & Bar Design Awards for its The Tokenhouse pub
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Analysis & InsightAre we seeing a domino effect?
Dominic Walsh assesses the actions of Nigel Wray in selling his final tranche of shares in Domino’s Pizza and muses over the reasons for, and timing of, the move. He also looks at outgoing Diageo chief executive Paul Walsh’s legacy and the good work being carried out by Fuller’s and Young’s.
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Johnny Rockets eyes UK launch
Johnny Rockets, the international restaurant chain offering a “classic American experience”, is in talks with prospective franchise partners as it looks to make its debut in the UK, M&C Report understands
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NewsCask Marque to open centres of excellence
Eleven centres are to open across the UK as part of a series of new cask ale schemes planned for the coming year
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OpinionThe new new wave
The craft boom has made branded beer bar concepts cool again, and now a second wave is emerging following the success of BrewDog and others
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Weekend Press
Weekend press round-up, 10-11 August
Weekend Press 10-11 August Companies and markets The sun shines on pubs and Spirit rises The belated arrival of summer has offered some salvation to Britain’s beleaguered brewing and pub industry. The shares have now thrown off the shackles and, along with the rest of the stock market, are enjoying ...