All Late Night Bars and Clubs articles – Page 2
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NewsRekom UK: ‘Our 200-site target might take longer to reach than planned’
The late-night operator is doubling-down on its cluster strategy, which will entail the closure of several single sites in some of the UK’s smaller towns and cities, chairman Peter Marks reveals
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NewsSarah Willingham: Dirty Martini deal was ‘quite uncomplicated’
The Nightcap CEO said aside from Dirty Martini’s debt-laden balance sheet, which led it into a pre-pack administration, the cocktail bar business was quite similar in terms of its P&L to the group’s existing businesses
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NewsNightcap acquires Dirty Martini in £4.65m deal
The late-night bar operator has entered into an asset purchase agreement to acquire Dirty Martini’s 10 bars, as well as Tuttons Brasserie in a pre-pack deal
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InterviewsInception Group: ‘The roaring 20s will come again’
Co-founder Charlie Gilkes speaks to MCA about the London bar group’s ideas for new concepts, opportunities to grow existing brands, and its mission to create memorable experiences
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InterviewsSimmons Bars: ‘We’re planning to start national roll-out next year’
The group will open its 26th site in June and has four more in legals, including its first outside central London, CEO Nick Campbell tells MCA.
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NewsCalls for VAT cut to halt string of nightclub closures
Ten nightclubs are closing every month in Britain as pressures continue to weigh on the sector, The Times reports
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NewsFirst Night Time Economy Advisor appointed for West Midlands
Restauranteur Alex Claridge has been appointed to the role and will act as a champion for the region’s pubs, clubs, bars and restaurants
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Analysis & InsightSignificant number of consumers planning cuts to nights out
More than three-quarters of consumers are planning to cut down on nights out, the latest Rekom Night Index has found.
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InterviewsRekom UK: ‘We are focused on expanding our party bar estate’
With fewer opportunities for large nightclub sites and a strong existing portfolio, Rekom is looking to drive future growth through its pub and bar venues, chairman Peter Marks told MCA.
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NewsRekom posts strong revenue growth
The UK arm of the business is currently the group’s strongest performing division, achieving EBITDA of £18.4m in 2022
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InterviewsSarah Willingham on her ‘mad’ plan to buy cocktail bars
Multi-millionaire investor and entrepreneur Sarah Willingham tells the Mail on Sunday how she sold her first business for £10m at the age of 32
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InterviewsNightcap: ‘Rail strikes are our biggest challenge’
Sarah Willingham, CEO of the bar group, tells MCA it was “absolutely disgusting” strike action was allowed to continue and that the impact on sales was “really significant”
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NewsNightcap sees strong half-year sales growth
Nightcap has announced a strong period of trading over the festive period, with like-for-like revenue up 27.6% in December
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Analysis & InsightLate night venues hit by 20% drop in festive trade
More than 50% of respondents said they did not make enough profit to cover cash reserve requirements for the slower periods, according to a NTIA survey
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NewsConcerns UK is losing world-renowned nightclub culture
The government is failing to recognise the importance of nightclub culture, and has limited knowledge of its value, the NTIA has warned.
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NewsNightcap: ‘Opportunities won’t be missed’
Pausing its roll-out doesn’t mean property opportunities will be missed but that Nightcap will be in a better position to take advantage of them next year, CEO Sarah Willingham has said.
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NewsNightcap appoints group FD
Lizi Hills joins the late-night operator as its group finance director, from her role as head of finance at Various Eateries.
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Analysis & InsightWhy the UK’s nightclubs are facing extinction
Rising rents, noise complaints and gentrification are putting our nightlife at risk, writer and DJ Bill Brewster warns in The Times
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InterviewsNightcap: ‘There’s no time for mediocrity in a recession’
CEO Sarah Willingham speaks to MCA about focusing on the core brands, pausing rollout plans, and branching out into an all-day offer
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Analysis & InsightLate night businesses facing ‘untenable’ energy costs
Many businesses are facing an increase in energy costs of +300% despite the government’s support package, the NTIA has said.