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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Dec- 2024 -11 December
Today’s news in brief – 11/12/24
SSP Group has begun an IPO of Travel Food Services in India, in conjunction with its joint venture partner, K Hospitality Corp. Subject to regulatory approvals, the pricing and completion of the IPO is targeted to be in spring 2025. SSP acquired an initial stake in TFS in 2016 and…
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11 December
SSP plans IPO in India of Travel Food Services Limited
Travel caterer SSP Group has announced the planned initial public offering (IPO) of Travel Food Services Limited in India, in conjunction with its joint venture partner, K Hospitality Corp. Subject to regulatory approvals, the pricing and completion of the IPO is targeted to be in spring 2025. It comes as…
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11 December
Kinsfolk & Co to open Brasserie Adeline and Gambit bar
Kinsfolk and Co is set to open a new dining and bar concept Brasserie Adeline and Gambit Bar in Summer 2025 as part of The Newman, marking its first venture. Taking residence in Fitzrovia, The Newman, will comprise an all-day brasserie and underground bar, in addition to 81 rooms, suites…
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11 December
Bold Street Coffee launches first-ever coffee subscription service
Bold Street Coffee has announced the launch of its first-ever coffee subscription service. Subscribers to the service can choose their preferred delivery frequency: weekly, fortnightly, or monthly. They can also personalise things such as grind size, roast profile and quantity. This news follows the company’s successful opening of its fifth…
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11 December
Liberation fills newly-created director of food and drink role
Liberation Group has announced the promotion of Alice Bowyer, current director of food, to the newly-created role of director of food and drink in response to the company’s “continued” success in food growth across the business. Bowyer, whilst retaining overall responsibility for food, will also lead in the acceleration and…
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10 December
Today’s news in brief – 10/12/24
Tortilla now expects its FY24 revenue forecast to exceed expectations, and as a result, has adjusted its guidance range to between £64m and £64.3m. This follows the continuation of the strong sales recovery for the group’s UK business. Like-for-like sales in the UK led the group’s recovery to a position…
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10 December
Moana Poke opens in the Trafford Centre
Hawaiian restaurant Moana Poke has announced that it has opened a new venue in the Trafford Centre, its second UK site. The new Moana Poke kiosk opening aligns with Trafford Centre’s focus on providing healthy fast-food options. The arrival of Moana Poke in the Lower Orient also coincides with Trafford…
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10 December
Tortilla expects FY revenues to exceed expectations
Tortilla now expects its revenue forecast for the year to 29 December to exceed expectations, and as a result, has adjusted its guidance range to between £64m and £64.3m. This follows the continuation of the strong sales recovery for the group’s UK business, which has further accelerated following the successful…
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10 December
Hackney’s Clapton Hart pub reopens after £1.2m refurb
Hackney’s Clapton Hart pub, a local landmark dating back to 1722, has reopened following a rescue and refurbishment in time for the festive season. Urban Pubs and Bars, London’s largest independent pub group, stepped in to secure the pub’s future as part of a broader acquisition deal. Located on Lower…
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9 December
Today’s news in brief – 09/12/24
Drinks sales edged back into growth by 1% in the last week of November, according to CGA and NIQ’s Daily Drinks Tracker. It comes as a welcome upswing after a “tricky” previous week and fluctuations throughout the autumn and early winter. Drinks sales were up year-on-year on five of the…
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