All Wagamama articles – Page 38
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News
Equity investors focus on out of town restaurant sites
Equity investors in the leisure sector are increasingly interested in restaurants outside of London away from the high street for investment opportunities
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NewsPho secures St Paul’s site
Pho, the fast-casual concept led by Stephen and Juliette Wall, has secured its twelfth site after acquiring a unit in London’s St Paul’s
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Diary
Diary: Orchid, Enterprise Inns, Loungers, Vapiano
This week’s Diary includes more on the Orchid sales process, the initial feedback on Enterprise’s first managed site, another award for Loungers and renewed pressure for pubco reform
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NewsHill steps down as Las Iguanas CEO
Steve Hill has stepped down as chief executive of Latin American restaurant group Las Iguanas with immediate effect just three months after taking on the role. The group has begun the process of finding a successor and, during the intervening period, founder director Eren Ali will resume chief executive responsibilities
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NewsM&B appoints new marketing director
Mitchells & Butlers (M&B) has appointed Catriona Kempston, currently sales & marketing director for Travelodge, as its new marketing director, M&C Report has learnt
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NewsHolbrook to become Wagamama CFO
Wagamama has appointed Jane Holbrook, formerly of Soho House Group and Bramwell Pub Company, as its new chief financial officer
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Opinion
Keeping track of the flyers
This year’s Zolfo Cooper Profit Tracker highlights the fact that those high-quality operators that made the right calls during the downturn are perfectly placed to reap the benefits in any upturn in the general economy, writes Mark Wingett
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Opinion
What do young people want?
New research into young people’s habits from Voxburner has revealed, among other things, their favourite restaurants for fast food and casual dining; the appeal of technology; and their interest in street food
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OpinionQuay destination
In a first of a new series of city focuses, M&C Report puts the spotlight on Bristol. It talks to local operators, some of whom have become national players, looks at others who are looking to take that step, and assesses the latest research on the area and upcoming projects
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Analysis & InsightAmerica’s there for the taking
Known as the ‘godfather of casual dining’, Ian Neill turned Japanese noodle chain Wagamama into a global business worth more than £200m. Here in a piece from Piper Private Equity’s ‘Going Global: 30 Years 30 Insights’, he reveals in full how a crucial lesson was learned in an unlikely location
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NewsBabaji Pide set up for Yau’s Shaftesbury Avenue venture
A new company called Babaji Pide Ltd has applied for a license to operate the former Scotch Steakhouse site in London’s Shaftesbury Avenue, which Alan Yau is currently fitting out
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Analysis & InsightCaution: Cafe-bakeries are hot
Coffee shop and cafe brands are encroaching into restaurant and pub territory in a bid to steal market share. Are they the new face of all-day dining?
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NewsWagamama appoints JLL to aid expansion plans
Wagamama, the Duke Street Capital-led group, has appointed Jones Lang LaSalle (JLL) to advise it on its restaurant acquisition strategy.
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Analysis & InsightPE-backed management deals
Following the early success of concepts such as PizzaExpress, Wagamama and Café Rouge, private equity is becoming increasingly involved in the world of restaurant operators. David Roberts, the head of the leisure team at leading law firm Olswang LLP, looks at the types of incentivised deal being offered to management teams to push concepts forward
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NewsYO! considers its options
YO! Sushi, the Robin Rowland-led, Quilvest-backed group, has reportedly appointed advisers to explore its options, including a possible sale
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NewsWagamama and GBK embrace mobile payment
Wagamama and Gourmet Burger Kitchen (GBK) have joined Prezzo in introducing new mobile payment technology via the PayPal smartphone app to the whole of their estates
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NewsMcDonald’s expands Easterbrook’s responsibilities
McDonald’s has announced it has expanded the role of global brand officer and former UK chief executive Steve Easterbrook to include corporate strategy, CSR and operational responsibility for its c.35,000 restaurants worldwide
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OpinionHill start at Las Iguanas
Steve Hill, the new chief executive at Las Iguanas, talks to Mark Wingett about how a meeting over a curry got him the only job he “would return to the sector for” and describes the challenge he faces in not “mucking up” an exceptional business
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News
Sticks’n’Sushi eyes further UK expansion
Sticks ‘n’ Sushi, the Danish restaurant group, plans to double its estate in the UK over the next two years, including the opening of a site in Canary Wharf next spring
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News
Ex-Wagamama property director launches consultancy business
Sharon Cawthorne, the former property director at Wagamama, has launched a specialist restaurant consultancy business called Blue Lemon Property