Covent Garden
This covers all our reporting from Covent Garden, a central London destination where hospitality, retail, and tourism intersect. We spotlight restaurant and bar openings, chef residencies, brand activations, and operational strategies from both independents and high-profile groups. With footfall-driven trading dynamics and premium positioning, Covent Garden serves as a strategic reference point for restaurateurs, bar managers, and F&B executives analysing consumer behaviour, site performance, and experiential dining in flagship urban settings.
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Aug- 2024 -1 AugustNews
Today’s news in brief – 01/08/24
Stonegate Group has secured a refinancing deal from TDR Capital, following strong demand from investors. This refinancing will extend the group’s maturities on the revolving credit facility and the senior secured notes to January 2029 and July 2029 respectively, and reduce leverage from 8.2x to 6.5x RR EBITDA today. Restaurant…
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1 AugustNews
Brother Marcus to open new restaurant in Covent Garden
Eastern Mediterranean restaurant Brother Marcus has selected The Yards, Covent Garden, to launch its largest location to date. Located at 23 Slingsby Place, Brother Marcus’ new 4,190 sq ft two-floor venue will include two terraces overlooking The Yards’ St Martin’s Courtyard and will have two bars – one on each…
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Jul- 2024 -10 JulyNews
Today’s news in brief – 10/07/24
SSP Group will maintain its profit guidance for the year as Q3 sales rose 16%. Due to an increasing demand for leisure travel, the operator of F&B outlets in travel locations has also reported that the second half of 2024 started off well with a strong sales performance across all…
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10 JulyNews
Japanese concept restaurant Ukiyo debuts at The Yards
Japanese temaki and sashimi concept Ukiyo has announced the opening of its debut restaurant at The Yards, Covent Garden. Located at 8 Slingsby Place in the heart of The Yards, Ukiyo’s 1,636 sq ft two-level restaurant is a “unique interpretation” of a Japanese eatery, featuring an “ultraminimal” walk-in sit-at-the-bar experience.…
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Jun- 2024 -7 JuneNews
Today’s news in brief – 07/06/24
Two Vagabond sites within Gatwick Airport were acquired by Airport Retail Enterprises (ARE) out of administration. Business advisory firm Quantuma completed the deal saving 122 jobs across the two sites. This comes after Vagabond sold the majority of its stores to Majestic Wines back in April. GSG Hospitality has acquired…
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7 JuneCafes and Coffee Shops
Ladurée opens new tea room in Covent Garden
Luxury French pâtisserie brand Ladurée has opened a brand-new space for tea and haute cuisine above its flagship store in Covent Garden. Situated on the corner of the Market Building, the expanded tea room overlooks the West Piazza, increasing the brand’s footprint in the heritage setting. The design of the…
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6 JuneNews
Today’s news in brief – 06/06/24
Popeyes UK has launched the first AI powered drive-thru, following a successful trial in Northampton. This launch has made Popeyes the first quick service restaurant chain in the country to leverage AI at drive-thru ordering. The group also has plans to expand AI to all other current drive-thru sites by…
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6 JuneRestaurants
Jackson Boxer and the Experimental Group to open Henri in Covent Garden
Renowned chef Jackson Boxer and the hospitality pioneers behind the Experimental Group are set to launch a new Parisian-inspired restaurant, Henri, on the ground floor of the hotel, Henrietta Experimental, in Covent Garden, opening on 17 June. The launch follows the success of the team’s recent collaboration at Cowley Manor…
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May- 2024 -28 MayNews
Today’s news in brief – 28/05/24
Robinson Brewery has increased its investment spend in pubs to £1.6m during Q1. This rise in investment spending represents a three-fold increase on Robinson Brewery’s 2023 levels. According to Robinson Brewery and its business partners, the rise in investment is a sign of more long-term post pandemic confidence. Chef Tom…
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28 MayCafes and Coffee Shops
L’Eto opens new café and restaurant in Covent Garden
International restaurant and café brand, L’Eto, has opened its latest location within The Yards, Covent Garden. Opening its doors at 138 Long Acre, L’Eto is situated between Buns From Home and Luci, Aqua Restaurant Group’s latest venture, and joins the line-up of F&B brands within The Yards. The 3,500 sq…
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