News
The latest industry news from the business journalists at Catering Today. We bring you the latest on what’s happening in the restaurants, bars and catering industry, with exclusive stories, analysis, best practice and industry comment.
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Aug- 2022 -4 August
Gusto Italian reopens after £250,000 refurb
Gusto Italian on Edinburgh’s George Street has unveiled its new redesign and welcomed its first guests after a £250k investment to transform the interior and exterior of the restaurant. The reopening features a new design and new offerings, including the Theatre Kitchen and Pizza Experience as well as a 60-seat…
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4 August
Nightcap revenues jump 55.1% to £35.9m in FY22
Nightcap has reported its group revenues surged 55.1% year-on-year from £6m to £35.9m on a combined group of companies basis for the 53 weeks ended 3 July 2022 (FY22), with like-for-like revenues up 23.6%. The fourth quarter ended 3 July 2022 (Q4 FY22) also saw group revenues jump 73.2% to…
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3 August
D&D revenues at 90% of pre-covid levels
D&D has revealed its group revenues in the 15 months since reopening after lockdown stand at £163m, 90% of its pre-covid levels. UK revenues stand at £143m, 91% of pre-covid levels, while overseas revenues are at £20m. 83% of pre-covid levels. Meanwhile, group EBITDA stands at £17m, 122% of pre-covid…
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3 August
Claridge’s appoints new culinary director
Claridge’s has announced the appointment of Dmitri Magi as its new culinary director, alongside Richard Galli as executive chef and Thibault Hauchard as executive pastry chef. The positions were reportedly created especially for the hotel’s overhauled culinary team to “cement its position as a world-class gastronomic destination”. The news comes…
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3 August
Flat Cap Hotels welcomes new group executive chef
Flat Cap Hotels has announced the appointment of Martyn Fallon as group executive chef. He will be leading on and working with all of the properties, focusing on local produce sourcing, the creation and implementation of each site’s menus and delivering the “highest levels” of training of both the senior…
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3 August
Just Eat parent suffers €3.5bn write down on US business in H1
Just Eat Takeaway has written down the value of its US subsidiary Grubhub by €3.5bn (£2.9bn), a year after it purchased the food delivery group for $7.3bn (£5.98bn). Meanwhile, Just Eat Takeaway expects its profitability to continue improving going forward and is maintaining its outlook for FY22. Just Eat expects GTV…
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2 August
Hospitality staffing nearing pre-pandemic levels
Hospitality staffing numbers are nearing pre-pandemic levels, but a series of factors such as increasing rates of pay, high staff turnover, and the changing make-up of the workforce, are piling pressure on employers. The latest data from Fourth, the industry provider of inventory and workforce management solutions, found there are…
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2 August
Comptoir Group chair and CEO step down
Comptoir Group has announced that the group’s CEO, Chaker Hanna, and chair, Richard Kleiner, have both stepped down with immediate effect. As a result, Beatrice Lafon and Jean-Michel Orieux have been appointed to the board with immediate effect as independent non-executive chair and independent non-executive director, respectively. It is reported…
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2 August
Revolution Bars sees ‘strong’ LFL sales
Revolution Bars Group plc, has reported its full year like-for-like (LFL) sales increased 1.3% in the year ended 2 July 2022 (FY22), following the lifting of Covid restrictions in England after 19 July 2021. The group said this is a strong result given the disruption caused by the Omicron variant…
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2 August
Greggs names new chair as revenues rise
Greggs has announced the appointment of Matthew Davies as an independent non-executive director and chair designate. Davies joins the board with immediate effect, and will be appointed as chair on 1 November 2022, when the current chair, Ian Durant, steps down. He is widely experienced in retail, and during his…
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