All Oakman Inns articles – Page 2
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NewsStephen Kenee to leave Oakman
Oakman founder and executive chairman Peter Borg-Neal said Kenee had made “huge contribution” to the business during this three-year tenure
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NewsOakman hires advisers to explore refinancing
The group is understood to have hired Forster Chase to explore refinancing options, as it looks to refurbish a number of new acquisitions
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NewsPub operators amp up delivery and retention efforts
Leading pub operators discussed their views on the current trading landscape during a round table discussion at MCA’s Pub Conference
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NewsOpenings of the week
MCA rounds up this week’s biggest openings and announcements, with new sites from Benugo, Chopstix, Gusto Italian, Island Poké, and more
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NewsOakman Group looks to leverage staycation trends
With trading up 11% in June, the company is optimistic about staycations, executive chairman Peter Borg-Neal told MCA
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NewsOakman considering selling minority stake to private equity
Executive chairman Peter Borg-Neal told MCA’s Pub Conference with the current economic uncertainty in the world, operators needed to be “well capitalised or sell their business”
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NewsOakman trading up 11% in June
However as a result of challenges with staffing and restricted trading, the pub group estimates it has lost around a further 2-3% of growth
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NewsMCA’s Pub Conference takes place on Wednesday
There are only two days to go, so book your place to hear from the likes of Stonegate, Fuller’s, Shepherd Neame, Admiral Taverns, Liberation Group, Brasserie Bar Co and Oakman Group on 6 July
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NewsPub Conference 2022: full agenda revealed
Stonegate’s chairman and founder Ian Payne, Fuller’s chief executive Simon Emeny and Shepherd Neame’s chief executive Jonathan Neame are among the highlights on the programme
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NewsLiberation Group win three at Publican Awards
Oakman Group’s Peter Borg-Neal was voted Business Leader of the Year, while Kate Nicholls won Outstanding Contribution
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InterviewsSeafood Pub Co: ‘We have got so much firepower behind us’
Joycelyn Neve, MD at Oakman Group’s Seafood Pub division talks to MCA about the evolution of the brand and prospects for growth
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InterviewsOakman: ‘We never cut back, we always double down on’
Following Oakman Group’s refinancing and share offering, CIO Stephen Kenee talks to MCA about its latest cohort of brand ambassadors, and how the pub company will be nearing a £100m business once its pipeline is built
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NewsOakman completes £29m refinance of freehold estate
The pub group also said it had secured is its “strongest ever pipeline” of new sites, which will increase the size of the estate by some 25%
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Analysis & InsightHospitality united in calls for VAT and business rates relief
While some operators are in favour of the reintroduction of the furlough scheme, not all think it should be a key pillar of government support in the current crisis
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NewsOakman Group: ‘We’ve had plenty of interest in share scheme’
The group is looking to raise £5m from its first public share offering, executive chairman Peter Borg-Neal has told MCA.
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NewsOakman to launch public share offering
The Oakman Group is to launch its first FCA regulated fund raise with its first full public share offering to open on Friday 17 December.
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NewsOakman achieves +16% rise in like-for-likes
Chief executive Dermot King said he did not expect Oakman to be negatively impacted by the recently introduced Plan B restrictions and has forecast year-end sales in excess of £64m.
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NewsOakman sales up 36% versus 2019
The group has just opened its 36th site, The Rose Inn in Wokingham, following a £2.1m restoration and redesign project, with another 11 sites due to open before the end of 2023.
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NewsOakman: ‘VAT rise is a risk taken too soon’
Hitting hospitality operators with an increase in VAT when they are still in the recovery period is “a risk that has probably been taken too soon”, according to Dermot King, chief executive, Oakman Group.
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Analysis & InsightConsumers prepared to spend more for experiences
With inflation on the up, and consumers still viewing pub menus as good value for money, operators should consider increasing their prices, sector leaders heard at a special Pub Conference roundtable.