All Wagamama articles – Page 16
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NewsAnalysts corner: Peel Hunt on TRG/Wagamama
Peel Hunt analysts Douglas jack and Ivor Jones have expressed “considerable doubts” about The Restaurant Group (TRG)’s plans to acquire Wagamama.
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News
Malkov named MD of Park Chinois
Yishay Malkov, one of the key driving forces behind the development and expansion of the Ivy Collection, has been appointed managing director of Park Chinois, the Alan Yau-inspired, high-end Chinese restaurant and bar venue in Mayfair, MCA understands.
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NewsAnalysts corner: Barclays on Wagamama sale
Following the news that The Restaurant Group (TRG) has set the wheels in motion to acquire Wagamama, Barclays lends its thoughts on the subject, and warns the brand not to go changing.
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NewsTRG gambles big on Wagamama deal
The Restaurant Group (TRG) chief executive Andy McCue has rolled the dice and landed on Wagamama – arguably the UK restaurant sector’s best-in-class concept. It is a gamble that many would argue the Frankie & Benny’s operator had to take, but – with TRG’s shareholder still to OK the deal – what does it mean for both businesses and for the wider sector, asks Mark Wingett.
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NewsAnalysts corner: TRG’s acquisition of Wagamama
Following the news this morning that The Restaurant Group is to acquire Wagamama, we round-up some of the latest analysts’ reaction on the deal, including Shore Capital, Goodbody, Berenberg and JP Morgan.
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NewsTRG swoops in to purchase Wagamama in £357m deal
The Restaurant Group (TRG) has announced it has conditionally agreed to purchase the entire capital of Mabel Topco Limited – the holding company of a group that owns and operates Wagamama.
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NewsSushi Daily appoints ex-Autogrill CEO
KellyDeli, the operator of Sushi Daily, has appointed its first externally-recruited chief executive, Silvano Delnegro.
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NewsJollibee eyes Manchester, Liverpool and Birmingham next
Jollibee, the Filipino fast food chain, will launch sites in Manchester, Liverpool and Birmingham following its UK debut in Earl’s Court last week.
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NewsDuncan Garrood takes CEO role at Ten Entertainment
Duncan Garrood has been appointed as the new chief executive of Ten Entertainment Group, following the news, last week, that he was stepping down as CEO at Bill’s.
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OpinionA crescendo of coffee
Following a successful fundraise on Crowdcube this summer, coffee shop and wine bar Notes is looking to double its estate over the next two years. Georgi Gyton finds out more about its growth plans, which include a move into travel hubs, starting with train stations
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NewsGarrood steps down as Bill’s CEO
Duncan Garrood has stepped down as chief executive of the Richard Caring-backed Bill’s Restaurants, after less than 10 months in the role.
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Analysis & Insight
In other news
Whilst last week’s news was dominated by the fast-moving story at Patisserie Holdings, the last month has shone a light on a number of other companies in the sector, which are faced with their own issues and questions about their future. Mark Wingett gives his thoughts on the Coaching Inn Group; TGI Fridays; Five Guys; The Restaurant Group (TRG); and Gordon Ramsay.
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NewsIndustry coalition calls on Chancellor for action
UKHospitality and a coalition of hospitality businesses have written to Chancellor Philip Hammond to call for targeted support in this month’s Budget that will protect the economic contribution made by the sector.
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NewsWagamama: “We have stopped talking about sales as the most important factor”
Speaking on the back of the group’s Q1 trading update yesterday, Wagamama chief executive Jane Holbrook talks to MCA about not mentioning the weather, why she is asking her staff not to work too hard, how the brand learnt to embrace delivery and plans to become a “global, iconic brand”.
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NewsWagamama UK lfls up 8.5% in Q1
Wagamama achieved an 8.5% increase in like-for-like (lfl) sales at its UK restaurants, during the 16 weeks to 19 August 2018.
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NewsYau: 'The industry is being transformed by craft'
Hakkasan and Wagamama founder Alan Yau believes UK consumers are turning away from chain restaurants towards more craft-driven, chef-owner led concepts.
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News
Minor eyes UK rollout for Benihana
Minor Hotels, the Thailand-based hospitality group, which acquired a stake in Japanese restaurant group Benihana earlier this year, is exploring further expansion opportunities for the brand in the UK, after strengthening its management team here, MCA has learnt.
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Analysis & InsightDark kitchens come into the light
MCA editor James Wallin looks at how the delivery segment and its relationship with operators has evolved and how the growth of remote kitchens and virtual brands is impacting on the wider market.
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Analysis & Insight
Lessons from the US masters
Operators in the UK have always looked across the Atlantic for inspiration, so AlixPartners US managing director Adam Werner highlights some of the key trends affecting the US market at the moment. James Wallin finds out more.
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News
Fourth acquires Choice HR
Hospitality operations platform Fourth has acquired Choice HR, the American full-service Payroll, Benefits and HR Services business for the hospitality sector.