All MCA Insight articles in October 2024 – Page 8
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News
ETM Group appoints new COO
Michael Farquhar brings over two decades of experience in hospitality, including roles at Ottolenghi Group, D&D London, and Intercontinental Hotels
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News
Toca raises $100m in Series F funding
The football-themed experiential concept plans to open additional Toca Social venues in the UK and beyond, with investors including Harry Kane
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News
Turtle Bay unveils biggest ever menu update
The Caribbean-inspired restaurant and bar group said its shareable small plates, hearty mains and vegan-friendly options aim to capture the essence of the islands
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News
Dishoom: ‘Growth is secondary’
Co-founder Shamil Thakrar speaks to MCA about looking across the pond for expansion, overhauling the offer, and why hospitality will always come first
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News
Esquires Coffee appoints CFO
Katherine Scott has held senior financial roles in the UK and Australia with AHC, Immediate Media Company, Chestertons Global, Palm Lake Group and Transit Australia Group
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News
Leading fit-out firm acquired in pre-pack
WFC, which is behind the fit-outs of Brasserie Zedal, The Delaunay, Sushi Samba, and Scott’s, has been snapped up RW Group
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News
Caviar House & Prunier closes four Heathrow sites
The upmarket restaurant, bar and retail concept has been acquired out of administration, saving a further three airport locations
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News
Velvet Taco announces Soho debut in spring 2025
Piccadilly Circus will be the US brand’s first international location, with more sites planned across the UK in the coming years
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News
Joe & the Juice makes new leadership appointments
Kristina Limbrecht has joined as chief people officer and Nicolai Klinkby as chief legal officer as the brand works towards a 1,000-strong global estate
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News
UKHospitality calls for ongoing consultation on zero-hours contracts
The trade body has welcomed the recognition of the importance of flexibility in the Employment Rights Bill, but warned that changes are not without cost
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News
Thornbridge & Co to make London debut
The Wild Swan will open on 99 Fetter Lane in Easter 2025, under the Thornbridge Brewery and Pivovar joint venture
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Analysis & Insight
Marston’s turns round ‘historically disappointing’ cash generation
Analysts said the pub company’s latest trading update was “highly encouraging,” with increasing balance sheet flexibility and the potential for an upward revision of its property valuation
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Interviews
PizzaExpress: ‘It’s the brand of love’
Following her Leader of the Year win at MCA’s Hospitality Awards, CEO Paula Mackenzie reflects on her career, her time at the helm of PizzaExpress, and reconnecting customers with what makes the brand special
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News
Lucky Voice launches new ‘inclusive’ drinks offering
The new menu, spearheaded by newly appointed head of operations Steve Little, features 18 new cocktails and mocktails, and has been launched in response to growing demand for low and no-alcohol drink options
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News
Red Engine introduces reimagined menu
The overhaul at Flight Club and Electric Shuffle venues is a move to offer customers something new, and also to deliver a more cohesive offer that increases the speed of service, aligns with current F&B trends, and reduces wastage
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News
Richard Franks steps down as HOP Vietnamese MD
Founder Paul Hopper has resumed his role as MD as the business moves into the next phase of its growth strategy
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News
Pub sector warns of ‘end of affordable pint’
Brewers and pub operators have warned Chancellor Rachel Reeves that increasing tax on alcohol and pubs in this month’s Budget could result in closures as businesses have “nothing left to give”
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News
XP Factory secures new £10m bank facility
The experiential leisure operator said the new revolving credit facility would give it the flexibility and capacity to grow both its Boom Battle Bar and Escape Hunt estates.
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Analysis & Insight
Unlocking potential: How hospitality operators are giving prison leavers a second chance
With prisons in England and Scotland nearing maximum capacity, and amid high re-offending rates, could the labour-challenged hospitality sector play a part in the rehabilitative solution? MCA speaks to operators working with prisoners looking to turn their life around, featuring Greene King, Pret and Redemption Roasters
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News
Marston’s achieves 4.8% rise in like-for-likes
The pub operator reported total retail sales for its managed and franchised pubs of +5.8% for the 52 weeks to 28 September 2024, with food sales particularly encouraging.