All Loungers articles – Page 10
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Analysis & Insight
Opportunities despite knocks
The next 12 months will be another tough year for the UK’s eating and drinking-out sector, and the gulf between great operators and the rest will widen. However, with 2018 proving there were still opportunities to grow and secure investment, AlixPartners’ Graeme Smith considers the outlook for 2019.
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Analysis & InsightThe Dom Walsh Awards 2019
Our regular columnist hands out his annual awards to brands and operators who have made the past 12 months newsworthy – for better or for worse
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News
Loungers selects advisors
Loungers, the Lion Capital-backed operator has chosen advisors ahead of a potential IPO push.
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NewsLoungers to open 25 sites this year
Loungers is set to open seven new sites before its year-end in April, with 25 openings planned in total for 2019.
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Analysis & InsightThe changing face of the high street
As part of our Agenda series of roundtable discussions, MCA – in partnership with the Access Group – brought together property directors from across the sector at Frog by Adam Handling in Covent Garden. Led by James Wallin, here are the highlights from the day.
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NewsLoungers sizes up advisors as IPO plans gather momentum
Loungers has drawn up a shortlist of advisors as it pushes ahead with plans for a £250m-plus stock market listing, according to reports.
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Analysis & Insight
RSM predicts what's in store for leisure and hospitality in 2019
Paul Newman, RSM’s head of leisure and hospitality predicts some of the major trends we are likely to see in the sector in 2019.
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NewsTough times provide scope for excellence
Jon Midmer of global executive search firm JMA gives his view on the past year in recruitment and what to expect in 2019. He discusses the trend for hospitality executives heading to the leisure sector and the leadership qualities that are likely to come to the fore in 2019.
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NewsBrewhouse & Kitchen to open first pub with rooms
Brewhouse & Kitchen co-founder Simon Bunn has told MCA that its new Worthing site is likely to be its first pub with traditional rooms.
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Analysis & InsightNever want to get cosy
There is an addiction to providing genuine hospitality that runs right through the continuing success of café/bar concept Loungers, that makes sure it continues to generate standout year-on-year performance. A laser-like focus on providing value-for-money, authentic community engagement and a “home-from-home” proposition, have become key calling cards for the Nick Collins-led business, but with talk of a possible IPO resurfacing, what will the City make of this regional success story, asks Mark Wingett.
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NewsLfls up 6% at Loungers; evaluates IPO potential
Loungers, the Lounge and Cosy Club concepts operator, has reported a 6% increase in like-for-like sales for the year to 22 April, with revenue growth of 31.9% to £121.1m, as talk of a potential IPO for the business resurfaces.
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OpinionFinding the perfect PE bedfellow
Seeking a partnership with private equity can be a daunting and complex challenge for operators. There are a number of variables to consider before choosing the right partner, according to AlixPartners’ Graeme Smith. Includes the experiences of operators and investors, including Flat iron’s Jo Fleet and Daniel Smith of Livingbridge
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NewsLion in talks to back Ramsay
Lion Capital, the private equity backer of Loungers, is in talks to back Gordon Ramsay’s restaurant group, MCA has learnt.
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NewsLoungers takes on former Prezzo site for first relocation
Loungers has taken on the former Prezzo in Penarth, Glamorgan, to relocate the town’s Ocho Lounge.
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NewsCosy Club set for Gunwharf Quays
Loungers, the Nick Collins-led group, has further strengthened its openings pipeline for next year for its Cosy Club brand by securing a site in Portsmouth’s Gunwharf Quays scheme, MCA understands.
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OpinionThe future’s bright, but it’s not retail
The supposed death of the high street has been a common debate over the past few years but what is being done to bring our town centres back to life, and how does F&B fit into this? Simon Stenning gives his view.
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NewsVaulkhard Group exits Sheffield sites to focus on north east
Vaulkhard Group has divested its two Sheffield sites, as it looks to focus on growing the business within its north east homeland, MCA has learnt.
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NewsCosy Club to double up in first location
Loungers is to open a second Cosy Club in Cardiff – the first time it has operated multiple sites for the concept in the same location.
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Opinion
Summer reading
With August fast approaching and many sectors leaders heading for their summer break, MCA caught up with a few of them to gauge their impressions of the year so far. Discussing their thoughts on successes, surprises and challenges of 2018, and their predictions for the closing months, as well as countering some misconceptions about the sector are: TGI Fridays’ Karen Forrester, Gerry Carroll of Hawthorn Leisure, Amber Taverns’ James Baer, Nick Collins of Loungers, Bistrot Pierre’s Nick White, Simon Potts of the Alchemist and Scott Collins of MEATliquor, among others.
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OpinionInside track: That’ll shake things up
Mark Wingett looks at the double swoop from Stonegate Pub Company on Be At One and a part of Novus Leisure, what it means for all three businesses and for others