All Late Night Bars and Clubs articles – Page 31
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NewsBurns reiterates Buy for Eclectic
Leading analyst Karl Burns has reiterated his Buy recommendation for Eclectic Bar Group following yesterday’s pre-close trading update, forecasting double digit profit growth at the premium bar operator, although he adjusted down his pre-tax profits and earnings per share estimates due to slightly higher interest and depreciation charges
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NewsTrading in line at Eclectic
Eclectic has reported that trading for the year to the end of June 2014 was “in line with the Board’s and the market’s expectations”.
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Vinoteca secures King’s Cross site
Vinoteca, the fledgling wine bar and restaurant chain, has secured its fifth site in London in King’s Cross
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NewsInventive Bar Co names first head of sales
Inventive Bar Company, the Revolution and Revolución de Cuba operator, has named its first head of sales responsible for growing pre-booked sales across the group
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Rootstock eyes expansion
Rootstock, the Sheffield-based bar operator and events group, is opening its third venue in August as part of plans to open a new bar each year, M&C Report has learnt
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Beautiful Drinks to grow bar brands
Beautiful Drinks, the Manchester-based bar and restaurant group behind Almost Famous burgers, is looking to open two to three new venues over the next two years with growth focused on its burger concept, M&C Report has learnt
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Club with 3am licence placed on market
The lease on a nightclub with a 3am licence in London’s Kensington High Street has been placed on the market with a premium of c£1.5m
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REL Leisure opens Norwich club, lines up Surrey site
REL Leisure, the late night bar operator that operates No 1 in London’s Leicester Square, has opened a nightclub in Norwich and is set to open a further venue in Surrey, according to the Eastern Daily Press
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Luminar invests £300k at Guildford club
Luminar, the nightclub operator, is to open its Cameo venue in Guildford next month following a £300,000 investment
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Stephen Thomas' new venture eyes acquisitions
Exeat, the new nightclub group headed by Luminar founder Stephen Thomas that emerged from the pre-pack administration of his No Saints venture, is already targeting acquisitions and is in the process of securing a couple more sites, M&C Report has learnt
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NewsArc Inspirations to reach 20 sites
Arc Inspirations, the Leeds-based bar operator, is planning to open 20 venues by 2017 following an investment of £1.2m in its latest concept, a New York-themed bar called Manahatta that opens in Leeds in mid-October, M&C Report has learnt
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D-R London takes second site
D-R London, the team behind Clerkenwell pub The Blacksmith & The Toffeemaker, is opening a second site in Stoke Newington, London, called 125 Church Street
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Entrepreneur launches cocktail concept in Newcastle
A landmark nightclub on Newcastle’s Quayside is re-opening as a cocktail bar called Tiger Hornsby by an entrepreneur who has plans to grow the brand around the country, M&C Report has learnt
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Luminar takes Swansea site, plans £1.2m investment
Nightclub operator Luminar has announced it will invest £1.2m in its new Swansea site
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Mothership Group plans expansion
The Mothership Group, the bar and events operator, which currently with three sites in East London, is looking to expand in London and across the UK
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Interviews
Friday five-minute interview: Bryan Pietersen
M&C Report talks to Bryan Pietersen, managing director of London-based cocktail bar Purl - who has opened a second site in Surbiton this summer with his brother, England cricketer Kevin Pietersen - about his best investment, his best business decision and the best piece of advice he’s ever received
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NewsLuminar opens Jongleurs in Brighton Pryzm
Luminar is to open a Jongleurs Comedy Club within its newly refurbished Pryzm nightclub in Brighton
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Manchester student buys two city centre bars
Natwest has supported a 22-year student from Manchester to buy two pubs in the city centre under a newly established enterprise called VCP Taverns Limited
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Arc Inspirations opens third Pit bar
Arc inspirations, the Yorkshire bar operator, is opening its third bar under the Pit concept in Harrogate this week
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PBR creditors likely to lose more than £7m
Four sites formerly operated by PBR Leisure, which was placed in administration last November, have been sold for a total of £4.2m, although creditors of the company are likely to lose more than £7m from PBR’s collapse