Arc Inspirations

Today’s news in brief – 25/03/24

Gail’s owner, Bread Holdings, is readying for a potential sale for more than £200m, according to Sky News. The news comes as Gail’s, which is also part-owned by Risk Capital Partners, has grown rapidly after Bread Holdings acquired it in September 2021. According to sources, a formal sale process is…

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Arc Inspirations raises £7m for UK-wide expansion

Arc Inspirations, the operator of Banyan, BOX and Manahatta, has raised £7m towards an accelerated expansion plan across the UK.  The news comes after the hospitality group secured a £4m load from HSBC, alongside a £3m equity boost from shareholders, including BGF, which has backed the group since 2022.  Arc…

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Today’s news in brief – 08/02/24

UberEats revenues rose 19% year-on-year to $17bn (£13.4bn) during Q4 2023. According to the group, its total booking revenues increased by 22% year-on-year to $37.6bn (£29.8bn) during the same period. Combined mobility and delivery revenues at the company also grew 22% year-on-year to $8.7bn (£6.8bn).  Star Pubs reported total sales…

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NFL announces three UK sports bar partners for 2024

The NFL has announced ETM Group, ARC Inspirations and Regional Taverns as its official UK sports bar partners for the 2024 season. ETM Sports Pubs and Kitchens will serve as the home of NFL hospitality in London while ARC Inspirations and its BOX venues serve as flagships in the Midlands…

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Today’s news in brief – 11/01/24

Arc Inspirations has reported record sales for December 2023, as like-for-like sales increased by 19.9% compared with the same period last year. The news comes as like-for-like sales at BOX rose by 30%, 24% at Manahatta and 10% at Banyan, while recent openings in Nottingham, Sheffield and Birmingham all significantly…

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Arc Inspirations reports ‘record’ sales for December 2023

Arc Inspirations, the operator of bar brands Banyan, BOX and Manahatta, has reported record sales for December 2023, as like-for-like sales increased by 19.9% compared with the same period last year. The news comes as like-for-like sales at BOX rose by 30%, 24% at Manahatta and 10% at Banyan, while…

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Today’s news in brief – 25/10/23

Arc Inspirations has appointed Lee Woolley as its new people and culture director. With over 30 years of experience in the industry, Woolley will focus on developing Arc Inspirations’ teams and continue to drive talent development programmes. His previous roles include director of learning and organisation development at Stonegate Group.…

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Arc Inspirations appoints new people and culture director

Arc Inspirations has announced the appointment of Lee Woolley as its new people and culture director. Woolley, brings a wealth of knowledge with over 30 years of experience within the hospitality industry. Having started his career as a qualified chef, Woolley quickly progressed to General Manager at Scottish and Newcastle…

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Today’s news in brief – 20/09/23

Food hall operator Market Halls reported a remarkable 155% revenue increase to £22m in the year ending July 2023 due to a 40% like-for-like sales growth. EBITDA before company costs reached £2.6m, as sales at their London sites exceeded pre-Covid levels. As a result, the company plans to open two…

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Arc Inspirations sales jump 7.5% amid expanded estate

Bar group Arc Inspirations has announced an annual sales growth of 7.5% up to £40.8m for the year ended 26 March 2023. Alongside this the company posted an adjusted EBITDA of £3.84m, overcoming economy-wide inflationary and staffing pressures. Company EBITDA for the year was lower than the previous period, which…

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